View Single Post
      04-17-2021, 08:09 PM   #6377
premier3is
Major
premier3is's Avatar
1632
Rep
1,004
Posts

Drives: 2019 BMW 330i M-Sport
Join Date: Jul 2019
Location: CA

iTrader: (0)

Quote:
Originally Posted by apar View Post
Quote:
Originally Posted by antzcrashing View Post
Roaring kitty exercises option to purchase Gamestop shares Friday (doubling down). Now hodls 30 mil worth at $160/share and another 3.5 mil in cash
Ya I saw he purchased 100K more shares. Pretty wild. I'm not sure how the market will react this time though, I feel it will be rather muted this time around but we'll see. Last time he purchased 50K shares @ $38 and the stock rallied a few days later.

Probably worth it to buy some options that expire in a week or two as a lotto ticket just in case it spikes again.
Have you seen the premiums for it? Not trying to lose a few grand in a week on OTM calls.
Appreciate 0