We definitely knew they were not going to make this easy on us haha
I keep reminding myself that GME went from $160 to $60 to $480 on the intraday, and then from $480 to $40 to $350. They're definitely going to try to shake paper-hands plenty before taking each leg up.
They also want to make us feel thankful whenever they take it up to say $60 to $70 again.
I won't lie, I did take out a little more and converted them to shares once we dipped under $38. If we see $29 tomorrow, I likely will add more far-dated options. Looking at July 2022 $50 calls.
But with all that said, the clear, straight line pattern downward these past few days is clearly indicative of some type of algorithmic, inorganic trading. Also doesn't help that 70% of the orders are being routed to the dark pool. Our inflow has been greater than outflow literally every single day for the past two weeks. It is unheard of for a price to drop if inflow is even slightly higher than outflow, but here we are, seeing it for weeks in succession.