Quote:
Originally Posted by apar
Quote:
Originally Posted by antzcrashing
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
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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.
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Have you seen the premiums for it? Not trying to lose a few grand in a week on OTM calls.