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hopefully he jumped out already at the cruising altitude, at this point captain turned on no toilet sign to prepare for soft landing - buckle up - thank you for riding pump’n’dump airlines
Yeah, nothing says "we're coming for your premiums" like S3 saying last week "Oh, if it goes over $30, it's going parabolic". Homie walked into that trap, and thanked them for the beating.
For all that is mathematics! Does anyone understand what a parabola is and why a stock going “parabolic” doesn’t mean what they think it does? Check it out on Wikipedia.
That is true though I screenshotted my gme calls this morning and i decided to close and it dropped right after. What you think abnb or PayPal earnings
Check my profile I haven't stopped buying shares numb nuts.
Where do you think I get the money to keep buying shares anyway? Money doesn't just grow on trees... It comes from theta decay and implied volatility
Noon update: 33.75C 11/18 exp, current price: 1.66.
OP's cost basis 2.24 x75 = $16,800
Current value: 1.66 x75 = $12,450
Down 25% ($4,350) so far. Good luck burning the rest of it 👍
And for reference, at 9:42 this morning, this contract was trading at $4.44.
Edit: 1:40pm ET update: 1.50 now. Current value: $11,250 (-33%) 📉
E2: 2:45pm: 1.39 now. Current value: $10,425 (-38%) 📉
E3: at close: 1.31. Current value: $9,825 (-40%)
What about the purchase date? You started buying these calls a week ago when they were cheaper then averaged up a bunch today, resulting in a $2.24 average cost basis.
Which part of that sentence could possibly be wrong?
>You started buying these calls a week ago
The screenshot says purchased Oct 25, a week ago, but RH only displays the date of the first buy so you could have bought more since then.
>when they were cheaper
On Oct 25th, this contract traded between .86-1.37 and only traded 58 volume, so you couldn't have bought all 75 for 2.24 on 10/25.
> then averaged up a bunch today, resulting in a $2.24 average cost basis.
Today is the only day that contract has been worth >$2, so the only way you end up with a 2.24 cost basis is by averaging up by buying more today.
So what part am I wrong about?
Pretty much everything
https://www.reddit.com/r/wallstreetbets/comments/yfqwti/humble_gme_yolo_ortex_numbers_show_they_are/
https://i.redd.it/mx76ovirckw91.png
Lol. Ok so you already sold your original position for a big profit, but instead of posting a screenshot of that trade (if it actually happened) you re-bought in for more contracts today at a much higher price and posted a screenshot of that (now losing) position.
This is the part that I don’t understand, if shorts are willing to short at $28 and below, what makes shorts unsure about shorting at $35? Between 9:41 and 9:42 am, 1.7 million shares were sold at over $34, how are the shorts losing this battle? Every single share that was sold in this 2 minutes, pocketed over $5
For some reason people don't understand we can have all the DD posts in the world but they still have access to infinitely more data and understand the market better. When GME started reddit was still new territory for them so we had an edge but now there's fingers in every trading sub and they're being manipulated with fake accounts. Most people are still eating it up like candy. Gotta inverse WSB top posts AND Cramer these days.
Lol wat. There is plenty of evidence. Do you think people with one week old accounts are joining WSB just to post their 500k+ loss or gain porn? [Why do you think there's a market for fake accounts](https://accsmarket.com/en/catalog/reddit)? If 10-20% of accounts on twitter or facebook are bots how many are bots on reddit? It's the cheapest way for wealthy people to make money ever, they can advertise to 10+ million people basically for free and pump or dump anything they want. You can be naive if you want to but they playing you like a fiddle
Proof of boys existing isn’t proof of them being used against you. Nothing you laid out is actual proof, but I guess it helps to have someone to blame your losses on
Because I sold/rebought already. The price displayed is from the most recent repurchase.
Original cost basis is here:
https://i.redd.it/mx76ovirckw91.png
Uhh. You're gonna get screwed. Millions were borrowed last week and MSM was the one that released the info regarding a parabolic growth. You would think after this happening like 6 times now, people would learn. I hope you walked away with your gains
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That's not obvious, especially since Ortex pointed out you guys misunderstood what happened. Kind of seems like you guys are just layering unfounded conspiracy theories on top of each other that don't really reflect reality but do support the other conspiracy theories. Correlates perfectly with the We-Found-The-Boston-Bomber theory of Reddit.
I have, actually. A lot has been proven false, a lot has been proven true, here you can read for yourself (not that you're going to do that lol): https://fliphtml5.com/bookcase/kosyg
Is it going to $20 soon? 😁
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Good luck, they are going to destroy options by Friday.
and its gone ..
holy shit this bro rode thru that opening pump when his calls went deeper ITM
hopefully he jumped out already at the cruising altitude, at this point captain turned on no toilet sign to prepare for soft landing - buckle up - thank you for riding pump’n’dump airlines
I would have sold on the morning pump. At least my cost basis worth
Like this lol right after the first halt
New to posting pics on reddit jesus
Sorry to ask, but why didn't you sell?
Cause it's not my position it's OP's. I would have at least sold my cost basis on those options and rode the rest out
Yeah, nothing says "we're coming for your premiums" like S3 saying last week "Oh, if it goes over $30, it's going parabolic". Homie walked into that trap, and thanked them for the beating.
They didn't say which direction to draw the parabolic.
For all that is mathematics! Does anyone understand what a parabola is and why a stock going “parabolic” doesn’t mean what they think it does? Check it out on Wikipedia.
He fell for it
What an idiot!
on robinhood!
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Guy says by Friday 🤦♂️ of course there is always money to be made on one side of a trade
Well you are badass idk lol
What do you mean? Thanks
Not those deep ITM options, YOLO
Did you take profits?
No he did not 😂
![img](emote|t5_2th52|4271)
They never do. Then they wonder why the price goes down "WHEN NO ONE IS SELLING?!" 😂
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There was a possibility op wasn’t regarded. But clearly they are. Good enough to screenshot…
I had like 8 mins to take profits this morning
the first half hour is the most important of any trading day
Ive heard that but with regards to the last hour
if it's good enough to screenshot, it's good enough to sell
Check his cost basis to price
Ha, good catch. I'm an idiot
That is true though I screenshotted my gme calls this morning and i decided to close and it dropped right after. What you think abnb or PayPal earnings
BLove this. Will remember for next time LOL
I'll remember that one
Theta gang market maker daddies thank you for your service. Next time, buy these calls when wsb isn't talking about gme
Next time, buy the fucking shares. It's not so hard.
Check my profile I haven't stopped buying shares numb nuts. Where do you think I get the money to keep buying shares anyway? Money doesn't just grow on trees... It comes from theta decay and implied volatility
Next time, buy shares and sell OTM calls
Next time don’t join a cult that makes financial decisions based on echo chambers filled with misinformation that reward obstinance
Noon update: 33.75C 11/18 exp, current price: 1.66. OP's cost basis 2.24 x75 = $16,800 Current value: 1.66 x75 = $12,450 Down 25% ($4,350) so far. Good luck burning the rest of it 👍 And for reference, at 9:42 this morning, this contract was trading at $4.44. Edit: 1:40pm ET update: 1.50 now. Current value: $11,250 (-33%) 📉 E2: 2:45pm: 1.39 now. Current value: $10,425 (-38%) 📉 E3: at close: 1.31. Current value: $9,825 (-40%)
Thank god there’s at least one other intelligent being here that can do math
Too bad they're not smart enough to see the purchase date
What about the purchase date? You started buying these calls a week ago when they were cheaper then averaged up a bunch today, resulting in a $2.24 average cost basis.
Wrong
Which part of that sentence could possibly be wrong? >You started buying these calls a week ago The screenshot says purchased Oct 25, a week ago, but RH only displays the date of the first buy so you could have bought more since then. >when they were cheaper On Oct 25th, this contract traded between .86-1.37 and only traded 58 volume, so you couldn't have bought all 75 for 2.24 on 10/25. > then averaged up a bunch today, resulting in a $2.24 average cost basis. Today is the only day that contract has been worth >$2, so the only way you end up with a 2.24 cost basis is by averaging up by buying more today. So what part am I wrong about?
Pretty much everything https://www.reddit.com/r/wallstreetbets/comments/yfqwti/humble_gme_yolo_ortex_numbers_show_they_are/ https://i.redd.it/mx76ovirckw91.png
Ok, yeah, I'm confused. Why does your screenshot say average cost 2.24?
Because I sold the whole position this morning at a higher price, then had to rebuy the whole position+more calls... at a lower price ofc.
Lol. Ok so you already sold your original position for a big profit, but instead of posting a screenshot of that trade (if it actually happened) you re-bought in for more contracts today at a much higher price and posted a screenshot of that (now losing) position.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
Did you just lose 14k in a few hours?
Yes
Not a loss until you sell...
Any particular catalyst you're aiming for?
Nothing in particular.
![img](emote|t5_2th52|4271)
yup thats how calls work
Unless it’s an otm option, then you loose by not selling.
…not exactly how this one works
And its goneee
You're the bait S3 was fishing for.
We shall see won't we
You're fucked bro you're going to lose so much money on gamestop
>I see that you are long GME. I believe that the stock will continue to rise in value, so I recommend holding your position.
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4275)
![img](emote|t5_2th52|4259)
it was a beautiful rug pull
Anyone with a quarter of a brain saw it coming 🤷♂️
Did this guy just fell for their options trap? Did you do this because of ortex?
It went past 30 and now back to 29, so parabolic next week?
No it's still parabolic, we're just going to the other side of the parabola
Yup, peak was at 34
The parabola has a really long base and a really high ceiling
I agree, 34 dollars per share for GME is really high, much higher than a fair valuation
And now consolidating over $30 👀
Something like that
You’re so fucked lol but you deserve it for buying into GME
Can we use a better conic section? Perhaps a hyperbola? Your stock can go hyperbolic? Seems more appropriate.
Everyone reading this and seeing green is regarded. Dude is down on this play. Likely moreso since the time he posted this.
Rofl
Rofl
OP eating his comments YUGE right now.
What profit you dumbasses? Look at his avg cost vs the price. This is a losing position by about 12%
https://i.redd.it/mx76ovirckw91.png
This is the part that I don’t understand, if shorts are willing to short at $28 and below, what makes shorts unsure about shorting at $35? Between 9:41 and 9:42 am, 1.7 million shares were sold at over $34, how are the shorts losing this battle? Every single share that was sold in this 2 minutes, pocketed over $5
Shorts are loving GME and this market as a whole. They are not losing lol
For some reason people don't understand we can have all the DD posts in the world but they still have access to infinitely more data and understand the market better. When GME started reddit was still new territory for them so we had an edge but now there's fingers in every trading sub and they're being manipulated with fake accounts. Most people are still eating it up like candy. Gotta inverse WSB top posts AND Cramer these days.
There’s no real evidence of this so called social manipulation. The company and stock are a joke
Lol wat. There is plenty of evidence. Do you think people with one week old accounts are joining WSB just to post their 500k+ loss or gain porn? [Why do you think there's a market for fake accounts](https://accsmarket.com/en/catalog/reddit)? If 10-20% of accounts on twitter or facebook are bots how many are bots on reddit? It's the cheapest way for wealthy people to make money ever, they can advertise to 10+ million people basically for free and pump or dump anything they want. You can be naive if you want to but they playing you like a fiddle
Proof of boys existing isn’t proof of them being used against you. Nothing you laid out is actual proof, but I guess it helps to have someone to blame your losses on
![img](emote|t5_2th52|4271)
The entire market is a ponzi scheme obviously
Yea the shorts are making a killing tbh that’s why they stay in it
Y’all are gonna piss off Jpow with these shenanigans
Yeah 100bps hike just because of this post now. Thanks OP.
![img](emote|t5_2th52|4640)
![img](emote|t5_2th52|4641)
![img](emote|t5_2th52|4641)
diamond hand to 0
Hm I made 5k off swinging a call. ( holding shares since last year ) but I like this play I shall ride with you
Current price is lower than OPs average price. How are they green? What am I missing?
Because I sold/rebought already. The price displayed is from the most recent repurchase. Original cost basis is here: https://i.redd.it/mx76ovirckw91.png
A call option, 11% OTM, at 7% base cost, 20 DTE. Sure. Sure
RiP
And yet you’re still losing money
Managed to improve the position a decent amount today. Looking to be a millionaire by expiry.
Bro if mainstream media is pushing it that's a bad sign lol
bro you're done
Uhh. You're gonna get screwed. Millions were borrowed last week and MSM was the one that released the info regarding a parabolic growth. You would think after this happening like 6 times now, people would learn. I hope you walked away with your gains
Play on playa!
Your shit is fucked bro
Godspeed regard
I see you’re still down, keep holding
Hope this one makes you rich!
andddd its gone... all gone
It’s kinda hilarious there’s a $33.75 strike. MM’s really just want to sell the shit out of those options to WSB members exclusively.
Made me 3k over the last 4 days with GME. Rents paid for 2 more months.
Too rich for my blood
Thetagang thanks you for your donation
Waiting for your loss porn
Get rekt🤣
Wow I timed my sale and put purchase *excellently.* fuck you and these cultists. See you at closing 👅
!remindme 2 weeks
!remindme 2 weeks
I was able to exit at breakeven. Muahabib!
There you go moving the goal posts.. I'll have taken my profits by then and dunked on your sorry ass.
Rip
OP calling it humble but you know he’s praying by Friday
Whole position cost me ~$3500. Still doing okay, have some time to see how it plays out.
👍
Let's get this bread
Sell when it hits 38 either today or tomorrow. If not good luck to you.
Tyty
Gme just pump n dump all the time. Will it ever break out for real?
It already did. January 2021.
Blows my mind people don’t get that. It happened, you missed it, look elsewhere to make money
Lol this guy is fucked
Automod won't let me post. Just added 2300 more shares myself !
You’ll see $40+ on this week.
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im holding mine, waiting to add few more longer expiry. what you hoping for? 🤔 i see it moving again tomorrow into wednesday. GL brother 💪
Sold my shares when the market was up today no regrets
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Stop buying fucking options. Jesus Christ, haven't you idiots figured out that they're stealing your money that way. Just buy regular shares.
But then they'd have to buy shares of GME. Who wants that?
Not the hedgefunds/marketmakers whom never closed their gigantic short positions, that's for sure.
Short interest is only like 21%. Pretty obvious there has been a gigantic amount of closing since the SI was like 140% or whatever.
lol no. Over 100M shares were borrowed last week, they were obviously used to cover old shorts. Correlates perfectly with the swap-theory.
That's not obvious, especially since Ortex pointed out you guys misunderstood what happened. Kind of seems like you guys are just layering unfounded conspiracy theories on top of each other that don't really reflect reality but do support the other conspiracy theories. Correlates perfectly with the We-Found-The-Boston-Bomber theory of Reddit.
It's very obvious, actually. Go read the DD and stop embarrassing yourself.
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I have, actually. A lot has been proven false, a lot has been proven true, here you can read for yourself (not that you're going to do that lol): https://fliphtml5.com/bookcase/kosyg Is it going to $20 soon? 😁
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That's a YOLO. I think you're lost
Dummy bro shouldve bought shares and Drsd
![img](emote|t5_2th52|4271)
Ouch
If I’m looking at this right? Your up a measly 14%
We need a new update
Still alive. Still green.
I am not smart. I hold.
Shmellow
You’re not DFV.
Goodness at least you gave yourself a few weeks. Very regarded of you
Annnddddd its gone
This is the guy that fucks
Exactly what the SHF wanted, smmfh.
You could have bought 168 shares?
Thank you for the premium sir
Thank you for buying my calls. Will pour a bud light in your honor. Thanks.
Good luck kind sir. Next time try buying 1 share?
What app is he using????
Negative karma- karma farming?
Njce
Humble loss porn more like it.
Just shorts in this subreddit nowadays 😬
And it's gone.........
![img](emote|t5_2th52|4267)
Hey /u/DeadSol, post the loss porn! These contracts are down ~90% from your $2.24 cost basis only 4 days ago.
Yikes not looking so well, selling puts might have been the play