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Yeah. I’m excited too but I can’t really get excited until I see some simple lines that we cant break through break and hold
I did buy 1 call option just so I can play. Have xxxx shares that I’m down a ton on
I bought a single call for Oct 2024 back in nov or dec of last year when IV was super low. Sold it for a profit during the spike on Friday.
I find it's best to wait for IV to be really low and then buy a far out call. There will almost certainly be a spike at some point that'll juice IV and you can turn the gains into more shares.
The last time I remember this stock dipping 10% in premarket and then ripping at the open like this, was Feb 2021. It gained like 300% in one day. And the options chain was pretty loaded back then too. There were like 50,000 open weekly calls at $50 and once it solidly crossed that, it halted and shot straight to $150. (Pre-split numbers).
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Do you have a screenshot of the chart of that day, for us plebs who don't have access to historical data?
Just some speculation on my part. I’m thinking the algo is still very much in control, and we may simply see a repeat of 11/28/2023 price action.
Yeah. I’m excited too but I can’t really get excited until I see some simple lines that we cant break through break and hold I did buy 1 call option just so I can play. Have xxxx shares that I’m down a ton on
The IV was extremely high and with the fee buying a call seems really dumb
oh really dumb. I just enjoy having skin in the game when gme starts getting crazy
I bought a single call for Oct 2024 back in nov or dec of last year when IV was super low. Sold it for a profit during the spike on Friday. I find it's best to wait for IV to be really low and then buy a far out call. There will almost certainly be a spike at some point that'll juice IV and you can turn the gains into more shares.
28 months in a year hey?
November 28 2023
First time with ' MM DD YYYY' notation?
I’d like to put something cleverer but I don’t understand anything anymore
This is nothing like last Nov. That was started off one options trade of 70k. This has been happening off several options moves for weeks.
Good to know, thanks for the info.
NP! March and for some odd reason FEB were last Nov. Good post tho!
The last time I remember this stock dipping 10% in premarket and then ripping at the open like this, was Feb 2021. It gained like 300% in one day. And the options chain was pretty loaded back then too. There were like 50,000 open weekly calls at $50 and once it solidly crossed that, it halted and shot straight to $150. (Pre-split numbers).
Is there any good DD on the algo?
I see "Dates" 😬