/biz/ - Business & Finance

Could have sold my contract for 30k at one point, but now it's negative 1500

I bought this option last week. Can someone explain to me what will happen if I don't sell it and let it expire? I doubt GME will dip below the price so I should be able to exercise it...

but I don't know what that means, I've never done it before. Can someone tell me what's going to happen? New to stocks and calls

g-game stock to 1-1000 end of d-day

GME is plummeting, did I get too cocky bros?

I think we're going to hit 500+

This hype is out of fucking control. Zero damage control is working, and Robinhood's suspension, followed by limiting, has literally angered the entire internet and now people are buying to spite Melvin.

I think we're going to hit 500+

This hype is out of fucking control. Zero damage control is working, and Robinhood's suspension, followed by limiting, has literally angered the entire internet and now people are buying to spite Melvin.

AMC will not see a short squeeze like GME. The environment does not exist for that, therefore the physics of GME will not occur with AMC.

GME and AMC are not the same. AMC IS a pump and dump and will be targeted by the SEC, GME is not.

Hedge funds tried to take out more short positions on GME than physically exist. People caught on to this and started spreading the word, causing people to buy in on GOOD INFORMATION. People are not buying into GME because they want to pump and dump, they're buying in because they know a SHORT SQUEEZE of epic proportions is about to occur. This is LEGAL.

I'm not saying that shilling AMC is illegal (although stocks are monitored while crypto is lawless and therefore not monitored), but AMC is a pump and dump. People are trying to justify it's rise as GME 2.0, but AMC can't be short squeezed... it's NOT oversold.

I have an extremely risky call position in AMC just incase it moons, but I'm guessing it won't. It doesn't have the righteous fury and the meme power behind it. The entire internet and celebrities from JA RULE to ELON MUSK are backing GME right now.

You are literally a complete retard if you go into AMC thinking it will be GME 2.0. GME is the real deal, the entire forces of the internet are behind it. People are predicting it goes to 5k+... which seems to be an actual possibility because sell orders were closing for close to $3000 yesterday

I just made 22k in ONE day from gamestop. That's how much you broke faggots make in 3 years from your part time job and Carl's Jr.

GME is going over $2000, possibly reaching $5000.

You wish you bought bitcoin at $500? Well here's your chance to recover bitch. My 22k will be worth over 100k next week.

Power to the players, be a player not a loser, faggot

I've never purchased any options, downloaded Robinhood last week.

How much is this going to turn into? Do I just hold?