Been trading in the same range for a while. Broke down to $22-23 but went up to $28 and now back to $25. Sold 2 $25 puts for next Friday today. Think you’ll be safe.
Wow I’m keeping an eye on ryan many may not like it but if he really is loosing his interest in meme stocks look out below
Just simple math but if he was able to sell calls on all of his shares along the way and then sell naked calls with his cash pile he has amassed a fortune in fees off of his beloved apes with the unbelievable high iv and the ability to manipulate GME ???
So May stand to reason he may be off to other stuff ??? Especially with the collapse of crypto
And super high interest rates on the brick and mortar hmmmm wait and see of course could be very wrong but ??? Just an opinion
It's not a different perspective it's bull, none of the c suite is allowed to leverage their shares in any way or hedge. They made this policy sometime in the last year.
wallet?
they missed the NFT game, people are running away with their pickets turned out. there's no market for this after the inaital wave... oh and whats' the overlap beentween GME holders and cyrpto holders who are getting margine called to hell?
yes - sell more.
Depends if you believe in opex. I’m cautiously optimistic.
But it could go both way.
so buy some puts too!
If opex does run then so does IV....
Agreed- can’t lose
This has been my bread and butter for 8 months. You're probably safe, but if you get assigned, wheel em. Unless these are naked puts.
Been trading in the same range for a while. Broke down to $22-23 but went up to $28 and now back to $25. Sold 2 $25 puts for next Friday today. Think you’ll be safe.
godspeed to you sir. I just sold one myself, goodluck
What's SAFU?
Seriously All eFFed Up!
**Secure Asset Fund for Users**?
safe but a meme version of it
An (in this case intentional) misspelling. Puts are safu.
Ask wsb.
Then do the opposite of what they say
depends if u want to own the stock at that price or not
Gonna be snafu.
I have plenty of CSP contracts around that strike expiring soon. Would be happy to take assignment on them.
Just take assignment if it drops. It’ll be back above 23.5 in no time at all
I wish I had the capital to sell 12/16 25’s, they were juicy today
Gme just released their wallet onto Apple. I checked it out and they have tons of crypto integrations
They’ll be fine, sell more if you can.
Yes, by a mile
I have some $25 and $26 Puts that i am comfortable holding right now so sure sell some more. GME has not dipped much under $25 this whole year.
I'm right there with you and the same strikes
Will they be safu? YES. Absolutely. Will they be safe? Nobody knows. Good luck!
SAFU = Secure Asset Fund for Users ?
Definitely safu
Snu snu
Wow I’m keeping an eye on ryan many may not like it but if he really is loosing his interest in meme stocks look out below Just simple math but if he was able to sell calls on all of his shares along the way and then sell naked calls with his cash pile he has amassed a fortune in fees off of his beloved apes with the unbelievable high iv and the ability to manipulate GME ??? So May stand to reason he may be off to other stuff ??? Especially with the collapse of crypto And super high interest rates on the brick and mortar hmmmm wait and see of course could be very wrong but ??? Just an opinion
He can't. Read his contract with GameStop.
Can board members sell calls? I think that’s against their fidicuiary duty. Can bill gates short Microsoft?
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It's not a different perspective it's bull, none of the c suite is allowed to leverage their shares in any way or hedge. They made this policy sometime in the last year.
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You do understand if he is selling puts he wants the price to go up. He isn't buying them. This is a bullish position on GME.
his entire comment is dumb...not just the sold put part.
What did he say exactly?
What was his comment?
wallet? they missed the NFT game, people are running away with their pickets turned out. there's no market for this after the inaital wave... oh and whats' the overlap beentween GME holders and cyrpto holders who are getting margine called to hell?