Stock Market (23 Viewers)

PhRoZeN

Livin with Mediocre
Mar 29, 2006
16,939
Yup, mine as well. NOK options are pretty cheap, too.

A January 2022 $10 NOK call is only 67 cents. Will load up a few of those for the hell of it.

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AMC already up 37% pre-market. Lots of open interest in the $7 strikes with 1/29 expiry, 37 cents for a contract.
Done, kept it low but put 1 on gme, 30 on AMC and 40 on Nokia. All eyes on how GME goes, the moment it pops, I'll be selling the others. My portfolio is already big, don't think I can handle shorts on any more.
 

Buy on AliExpress.com
OP
AFL_ITALIA

AFL_ITALIA

MAGISTERIAL
Jun 17, 2011
31,834
  • Thread Starter
  • Thread Starter #262
    Sold some CRSR shares and bought one GME share this afternoon near close, I'm already up round $100. This is insane. I should bought at goddamn $30 like I wanted.

    I'm not touching TSLA again until after earnings. Last time I held calls for it I got IV-crushed.
    Earnings plays are so 2010's, it's all about buying dead companies and doubling your investment overnight now. What could go wrong?

    As for next, I'm seeing both AMC and BB, not sure there will be enough organization for another rally like this, especially so soon.

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    No, I've seen enough to have military grade fomo resistance. I just find it mighty rich from the market manipulators to be complaining about some retailers deciding to buy some stock.

    Picked up a small amount of BB last week tho.
    I KNOW they're going to strike back, they have to. I just don't know how, and it scares me.
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,264
    Done, kept it low but put 1 on gme, 30 on AMC and 40 on Nokia. All eyes on how GME goes, the moment it pops, I'll be selling the others. My portfolio is already big, don't think I can handle shorts on any more.
    I'm going to see how we open up tomorrow since options are closed, but I'm probably buying:

    AMC 1/29/21 $7 calls
    NOK 1/21/22 $10 calls
    BB 2/5/21 $40 calls

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    Sold some CRSR shares and bought one GME share this afternoon near close, I'm already up round $100. This is insane. I should bought at goddamn $30 like I wanted.


    Earnings plays are so 2010's, it's all about buying dead companies and doubling your investment overnight now. What could go wrong?

    As for next, I'm seeing both AMC and BB, not sure there will be enough organization for another rally like this, especially so soon.

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    I KNOW they're going to strike back, they have to. I just don't know how, and it scares me.
    The good news is, once the GME run is over, everyone will have even more money to throw at the next meme stock, so it could be even more crazy!
     
    OP
    AFL_ITALIA

    AFL_ITALIA

    MAGISTERIAL
    Jun 17, 2011
    31,834
  • Thread Starter
  • Thread Starter #265
    I'm going to see how we open up tomorrow since options are closed, but I'm probably buying:

    AMC 1/29/21 $7 calls
    NOK 1/21/22 $10 calls
    BB 2/5/21 $40 calls

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    The good news is, once the GME run is over, everyone will have even more money to throw at the next meme stock, so it could be even more crazy!
    Please let this happen :tuttosport:. AMC is at $7.15 at the moment.

    That's true, never even considered that :D
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,264
    Exactly, I am much more scared now than in march during the crash
    The market makers can pull the rug at any time for sure. All they need is some sort of crisis for cover. What's the next crisis?

    But the SEC can't really do anything to stop a bunch of people on a website buying stocks. It's not market manipulation either. Certainly it shouldn't be if the big players acquire orderflow from Robinhood and have their fucking servers next to the exchange servers.

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    Please let this happen :tuttosport:. AMC is at $7.15 at the moment.

    That's true, never even considered that :D
    Not a price target on BB, just a cheap option lotto I can lose money on lol
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,264
    By the way -- my speculation on Pelosi's stock pick of AB.

    https://www.coindesk.com/631b-asset-manager-alliancebernstein-bitcoin

    So Pelosi bought a bunch of Alliance Bernstein during the same time they were buying up Bitcoin right before the big bull run. Which is hilarious because I can almost guarantee you Pelosi would badmouth crypto in a heartbeat.

    Anyways, I bought calls on AB. Fuck Pelosi and her wretched old rent-seeking ass.

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    I can't stop laughing at this chart. So fucking funny. :lol:


    Noc75tWO.png
     
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    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,264
    AMC already up over 200% premarket. Goddamnit!

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    Just more evidence the game is rigged for the big players. Actually, the whole system is rigged, starting with the Fed, working down to the big banks, to the hedge funds, et cetera.

    If everyone started WSB'ing stocks like this, we could take back our markets!


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    :lol:


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    :lol:

     
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    PhRoZeN

    Livin with Mediocre
    Mar 29, 2006
    16,939
    i like the cause but can you just imagine if Melvin ended up doing suicide at the end of all this. It would really turn some tables and might be the perfect get out of the jail card for wall street.

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    AMC already up over 200% premarket. Goddamnit!
    All aboard choo choo
     

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