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I bought some BB calls last week that expired this week. 1000% gains. It was a good trade, not AMC but a good trade.Anyone toss any $ @ Blackberry? Another Meme stock that is climbing also, not at the pace of AMC but an upward trajectory.
You win, until you don't.Skimmed off about 8% today (most of my June calls, since those will depreciate quickly), which gives me enough to pay off the mortgage and all debt.
Going to diamond hand it for a few more days, as I think next week gets us closer to the peak, but I am currently already sitting on life changing money.
In case you're wondering, after CAREFUL DD for months, not only did I YOLO on hundreds of option call contracts with $40 strikes for June, September, and January back when they were all less than $1, but....
Awesome man!Skimmed off about 8% today (most of my June calls, since those will depreciate quickly), which gives me enough to pay off the mortgage and all debt.
Going to diamond hand it for a few more days, as I think next week gets us closer to the peak, but I am currently already sitting on life changing money.
In case you're wondering, after CAREFUL DD for months, not only did I YOLO on hundreds of option call contracts with $40 strikes for June, September, and January back when they were all less than $1, but....
Don't worry. My AMC calls expired last week. I still have my GME puts for July so I lost on both sides by bad timing.I bought some BB calls last week that expired this week. 1000% gains. It was a good trade, not AMC but a good trade.
For AMC, the highest strike price is $73. If it closes there on Friday they are all ITM. Which means a ton more buying to hedge. This could get even more interesting the next two days and early next week.
I sold AMC 49c calls yesterday thinking, no way can it double by the end of the week and it did it in a day. Madness.
You win, until you don't.
But yeah, nice job.
Awesome man!
You were quiet today, I thought you might have been looking at yachts.
Putting on my tin foil hat again. In just a couple of days I could see a boat load of news, articles, and internet commentary that crypto is gonna make another massive run.
They don’t want anybody taking massive gains and moving them on GME. All GME needs is volume. It’s at the highest peak since January and only had 12.5 million in volume today. The January run up had 170+ million and March run up had 50+ million.
AMC to sell another round of shares. Again. This time 11 million. And they announced it in premarket where the vast majority of retail investors can just watch.