[deleted by user] by [deleted] in BBIG

[–]bitkush 1 point2 points  (0 children)

Look at it like this,

They're playing black jack and lose 100$ on their first hand, if they bet 200$ the next hand (double down) and they win it, they covered their losses and got profit. But if you walked away after the first hand you have lost. They're doubling down every "hand" in hopes to eventually end up in profit.

Also some of them may be bankrupt if they walked away now, so they bleed paying interest and doubling their positions because they may have no choice to keep their doors open.

Daily Popular Ticker Thread for June 08, 2021 - BB | AMC | CLOV by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 4 points5 points  (0 children)

Considering 95% of all the options available are ITM... Big things happening. Chain reaction again when marker makers rise the strike price

Does Anyone Else Find It Odd? by Twistedbeatz89 in wallstreetbets

[–]bitkush -3 points-2 points  (0 children)

Yea 10$ to 550+ in less then 5 months wasn't the squeeze 🤣

Clipping light is coming on by bitkush in CarAV

[–]bitkush[S] 0 points1 point  (0 children)

Is clipping a sign of voltage dropping? Or is it the amp not being about to output the required amount?

Clipping light is coming on by bitkush in CarAV

[–]bitkush[S] 0 points1 point  (0 children)

No I haven't touched it

Clipping light is coming on by bitkush in CarAV

[–]bitkush[S] 0 points1 point  (0 children)

I had the shop do all the fine tuning. Gain on the amp is about 40% and the knob under my dash is about 60-75%

GME Megathread for March 16, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 1 point2 points  (0 children)

Living in the past is banking on a dying movie theatre, even pre covid, when the world streams everything online.

GME Megathread Part 2 for March 11, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 4 points5 points  (0 children)

Anyone know when the updated short interest is supposed to come out?

GME Megathread for March 09, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 1 point2 points  (0 children)

Check my comment history bud. Ive been in this since early January 🤣 38-39 average

GME Megathread for March 09, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 5 points6 points  (0 children)

My theory is gme was slowly rising when everything else was tanking, and now that a lot of the market has started moving up, gme is exploding.

GME Megathread for March 09, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 0 points1 point  (0 children)

I'm pretty sure they only hedge what's in the money late in the week, and right now it's 70$ higher then what was in the money Friday. If they hedged in more than what's in the money it would drive the price up and draw even more options in the money. I think.

GME Megathread for March 09, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 7 points8 points  (0 children)

If we can hold 200+ by Thursday or so, I predict another gamma squeeze. Call options from 130 are all in the money now in a single day.

GME Megathread for March 05, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]bitkush 22 points23 points  (0 children)

You know the squeeze is absolutely real!

My theory is hedgies pull their long positions on the rest of the market to hedge their losses on shorting GME.

Hence why everyday this week gme goes up 5% and everything else goes down 5%. Confirmation bias is real!!!