/biz/ - Business & Finance

>DFV returns
I told you so. Gamestop can battle through any macro conditions now, with cash to survive and buy dips and bitcoin to store value

Up next in /GME/
>DFV yolo update
>GME bought BTC announcement
>price to ATH
Not speculation. All based on reliable sources

>What is the best movie you've ever seen that takes place in real time?
>Run GME Run
The first may run up was caused by massive option buying of DFV. These were bought before he started posting on twitter again and closed soon thereafter*. With the money made he doubled down, buying the monthly 20C position of 120,000 contracts. My current theory is that just like Run Lola Run he bet twice on $20 calls. This time the only significant open interest on the option chain are the January 17s, with over 20,000 outstanding contracts on the 25, 30, 60 and 125 strikes. Since DFV got more capital now, especially after his CHWY flip, I don't think he is massively buying calls, but rather building up a massive share position with some OTM calls at the side. It's plausible DFV is aiming to hit 5% ownership so he can file a 13G. This is why the price of GME has been rising since 10/26. It's like May all over again for a reason.

* Source WSJ
archive dot ph P8pMd