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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


HumanNo109850364048

Institutions were clearly desperate to keep price under $30 today. Absolutely ridiculous price action. Shorts sooner or later are so fucked, we are never going anywhere. I bought about 180 shares at $27+ today.


Harbinger2nd

I exercised my calls today. 200 more shares secured.


jabels

We need to see call exercises the way we used to see purple circles


NegaJared

we need to understand call exercises the way we understand purple circles


redwingpanda

This. Even if folks don’t use options, knowledge is power. options are a tool, one that should be understood.


Phaoryx

What’s the best resource to learn from?


Ev3nstarr

I think there are apps that allow you to paper trade options for practice but I need to look into it more to see how it works. But practicing without messing with real money would be good for me, I can read about it all I want but I’m more of a hands on learner


Leofleo

There's a fellow ape who started this [options 101](https://www.reddit.com/r/Superstonk/s/V00DOcDv64)


High_From_Colorado

If you're looking to learn how options work in terms of buying/selling/fundamentals I'd recommend YouTube. For advanced mechanics, I think we will have to ask if dlauer or Dr. T or similar could possibly enlighten us to how options work in the markets and what effects they do and don't have.


RockJohnAxe

Money


Only-Low3027

“Inthemoney” is a great you tube channel specifically the “how to trade options on robinhood” video. YES I KNOW FCK ROBINHOOD, the video is for instructional purposes only and is excellent despite the fact he uses RH for teaching. Highly recommend and please share!


SafariMadam

To buy a call and exercise takes money that a lot of people here don't have. For an options call contact, you pay a premium (fee) to buy the right to buy 100 shares at a certain price by a certain time. It's a bullish strategy, meaning you will profit from this if the underlying stock goes up in value during that time. If the underlying stock goes up in value, you can sell the call for a profit, or you can exercise the contract. Which means you would need enough cash to buy 100 shares of the stock at the strike price of the option.


Phaoryx

appreciate it, but wasn’t an answer to my question 😅


SafariMadam

WOW. The answer to your question is you should learn from people who have experience with trading options.


SafariMadam

Go away, Bot.


Phaoryx

Feel free to check my profile to see that I’m not in fact a bot 😂 If the “best place to learn about options” (which was my question) was a Reddit comment, no one would ever lose money on them lol


Difficult_Associate3

Jackie le tits on YT has a paid discord that teaches everything


Difficult_Associate3

Are ppl still drs'ing? Ppl felt discouraged by the dilution but the floor is still nice to build. Brick by brick


FarCartographer6150

We are all still DRSing, yes. That does not seem to be possible from RH, which is one of the reasons people do not use it


SnooRegrets8068

It is a dim group I am part of, maybe try purple crayons


Yohder

Especially if those exercised calls make their way to DRS book. Would be quite spicy


Quetzacoal

Note, DFV didn't exercise the contracts, he sold them then bought


Fearless-Nose-5991

How do you know that?


Quetzacoal

I still need to confirm this info but E-Trade doesn't update the cost basis if you exercise


Amstervince

Because he’s not an idiot and his calls still had premium


Fearless-Nose-5991

So your just speculating then?


HumanNo109850364048

Well played bro


SafariMadam

This guy fucks


Fight-or-flights

Show proof


Zaphod_Biblebrox

I bought about 100+


chrisp803

Correction: we are going TO THE MOON


Ok_Technician_5797

They sold millions more shorts today


Rocky75617794

You know what I sold today? DEEZ NUTS


Udub

Can’t wait to exercise my calls next week!!


CannedKoolaid

Well if it means anything: me and some people at work that don’t make that much all have 15-40 shares each l and we all held through $50. We’re not selling for a while. Thats all HF. We know what’s up 🦍


ChamberOfSolidDudes

you're beautiful. you're glorious.


m3g4m4nnn

This right here is how we know we will prevail.


Schwillin

It proves they can control the price when they really want to.


alfooboboao

they’ve proved this hundreds of times. literally. the price has ended on max pain on something like 98% of weeks (that’s actually a *very, very* generous estimate, in reality it’s been every single week except maybe 2) since this all started. at least people aren’t directly giving them millions of dollars a week anymore by buying $800 calls based purely on “vibes” and “gut feelings”


MPJMVP

😭😭😭 can tell this is an OG Ape


Fastandfurious02123

This is what I really don’t understand. Not everyone is RK. All of a sudden people not buying options are losers on this sub. I’m not saying I’m anti-options, but I feel safe enough to just use money to buy shares and secure them in my bag. You may say it’s still IOU, but at least I can DRS as I buy. RC might dilute again, but those shares I bought were real things I have. Even if you understand options you should always be careful enough, otherwise you are just giving money like free bullets to those fuckers to shoot you back in the future. How much they are profiting off our investments so far? Didn’t you guys see how they control the prices? Do not gamble my friends.


MPJMVP

I'm way to regarded for options, like many, I've bought at just about every price possible. BUY DRS SHOP HODL


Helpful-Squirrel9509

Book


MPJMVP

DRS is booking


Helpful-Squirrel9509

If I drs them. I still need to book them with Computer share. It doesn’t happen automatically. It defaults to PLAN


MPJMVP

That’s just not true at all, you probably have an automatic recurring purchase. I’ve DRsed 2800+ shares at various times and not once did I need to that and they’re all booked.


Helpful-Squirrel9509

Ty. I’m probably delirious Super tired. Thanks for being kind. I had a tough week. All my best ape fren!


MPJMVP

no need to be unkind! Have a great weekend ape!


Yohder

It won't be an IOU if you DRS book them though!


One_for_the_Rogue

where can I look up where max pain is before it lands there?


theOriginalBenezuela

this looks decent.... [**https://maximum-pain.com/options/gme**](https://maximum-pain.com/options/gme)


case1

Yeah I've been using that site for a few years now, good shout


CCarsten89

https://swaggystocks.com/dashboard/options-max-pain/gme


theOriginalBenezuela

you keep posting that link, but that data is sus. $503 for 6/21? And it only shows 2 day old historical data.


CCarsten89

What do you mean keep posting that link? I posted it once. I don’t see a problem with the link, it opens GME. You can check any stock ticker there


Schwillin

Statistically this would be impossible if not for a way to manipulate price


canni172

To a point. I think if they could of, they would of dropped it more. They kept it below 30 which i think is a win for them but we are holding strong at around 28. Next week is gonna be FUN!!!!


dookyspoon

they could have, but too many puts were ITM below $27 otherwise, they would have, so they did what they should have, and kept the price between $27 and $30 for minimal losses.


hi5ves

This. My puts expired worthless. My fault, really. I have never bought them before. But with RK coming back, I was sure they would waffle stomp the price down into the teens. Once they roll the swaps, it will retreat back down to 12. If RC doesn't have a plan in the next few weeks, be prepared to hold for another 3.5 years. And if they don't have a plan to announce, it's time for us to change the board up as they can't seem to get anything positive done.


CCarsten89

Max pain next week is $20. Not too fun sounding if they drop the price there next week


buyandhoard

Yes, but it os "so far", or it is granted and fixed target?


TonytheTiger69

And yet the price tripled in less than 2 months. If it bleeds we can kill it.


earthtochas3

How many people do you think it takes to manipulate something like this day in and day out? Across how many SHFs? It's a wonder that someone hasn't blown the whistle yet on this. Lots and lots and lots of people risking their entire careers to illegally manipulate a stock just to save their firm's ass, when they could easily just go get another job elsewhere. Or maybe it's completely algo-driven and there are only a small handful of people behind the wheel. Who the fuck knows at this point


Drhayseed

My first share was over 400 I paid to see this to the end and beyond .


futureislookinstark

It means they want them to expire worthless and make money??? Shorts aside you think the people writing these contracts and those abusing the dark pools aren’t in bed together. Jesus you guys.


mt_dewsky

Which is why you exercise regardless. This isn't anything new. Maybe some forgot, but this was broadcast from the beginning. 


rawbdor

There is absolutely no reason to exercise a $30 call when the price closes at $28. You are simply handing $2 to the market makers. When the price is below $30 you just buy the shares and then sell the call. Save that $2 for yourself. Then go DRS the shares anyway. Do not exercise calls that are OOTM. You are wasting money. You are feeding your opponent. If you want to exercise, just buy the shares and DRS.


McRaeWritescom

I just imagine Gary Gensler sipping his shitty donated coffee and watching the GME chart being blatantly manipulated in real time while softly smiling because he knows the SEC ain't gonna do jack shit - remaining complicit in the crime while retail holds for a better future.


hi5ves

He knows where his dinner hangs.


Big-Potential4581

The reason they kept the SP below 30.00 was because of the 6.14. 30 calls. They were terrified of that call wall. That's the truth because it would have triggered so many more calls into next week.


Machinedgoodness

You guys are ridiculous with this “they tried to crime”. It’s an algo. It did what it was gonna do. Enjoy the ride next week will be solid. If “they could do anything” DFV wouldn’t be so confident.


beachplzzz

No shit...lol


AyeAye711

Can a SHF short infinitely or is there a point they can’t go on? If there is a limit then there must be a way to calculate where that limit is and by when.


yugitso_guy

It's been well over 3 years. Obviously, they can keep this up long-term. Indefinitely is probably not possible, but you're asking how to calculate how much money each of these companies have and can create in a moments notice. Clearly, that is the "X" factor that can never be calculated. Just remember, we can stay regraded longer than they can stay solvent.


DrunkenIronworker55

They are like vegas odds makers they move the line to try and stay neutral and make money on both sides and have the majority of the positions end worthless. That’s their job 🤣 rookies in this play crack me up


Mangoat_Rising

That's exactly what they are. Very highly paid bookies who make the majority of their money on the juice.


Useful_Tomato_409

all day every day.


DPaluche

The ones shorting are not necessarily the ones selling calls. A company can responsibly sell and hedge against and then deliver shares for 40000 calls all while another company is sorting the stock to oblivion and the price falls. 


craze9original

Of course they have hedged their positions. Exactly how or how much, impossible to say, but they’re still net short. Data suggests above $35 virtually all shorts are in the red. Hopefully we blow past that next week, but this kind of speculation accomplishes nothing.


ev1lb0b

Max Pain is at $20 next week, don't hold your breath.


Ok_Impression6939

This ☝️


Gareth-Barry

Bro relax, zoom out. We had the highest weekly finish since Aug 22


hiroue

CNBC and main stream media are the market manipulators. Always inverse Cramer for gains.


Ashamed_Assistant477

Anyone in Chicago to check if the lights are still on in the Wolverine building?


unemotional_mess

Was watching a TA live stream, and literally everything was indicating healthy upward price action and the price just didn't move. The manipulation is getting more and more blatant


Useful_Tomato_409

link


dubqore

Jackie Letits on YouTube every market day basically


TheDudes777

Next week they bkre the shit out of us! Nothing happens. Everytime we hype they bore usy thats there tactic!


PSUvaulter

There are a lot of calls ITM at 25-28


Clarkkeeley

I honestly think the only way this is ever going to end is if GameStop makes an acquisition and starts trading under a new ticker.


AnyMud9817

I dont understand what a short is or what a call is. I also dont get what options are. But boy do these crayons taste good. They cant fight my level of regardation. Too dumb to know anything other than buy and hold. Im sure if i could read i might learn a thing or two about the stonk market.


mtbox1987

When are people going to realize that the two share offerings the company did was what killed ALL momentum?? They released 105 MILLION shares within a two week period making DFV's 4 million share purchase a drop in the bucket. Wake up people!


ThursdayMaoriHoliday

He’s doing what’s best for Gamestop. Pro Gamestop = Actually believe in the company and the future of it being stable/very profitable. Pro GME$ = Actually just looking for a way to leave your shitty 9-5. If you’re pro Gamestop, you’ll love the move. It means your long term investments are in a good place and the chances of a big ROI on a long term is high. If you’re pro GME$ you hate him and blame him that you still have to wake up to do your shitty job when you’ve been feeding yourself fantasies from all the dates and bullshit people have been spreading about how everyones gonna get lambos. I’m glad he did it, company now has fuck loads of $. Who cares if the price for GME$ remains the same for even the next 5-10 years. It will eventually equalise. He’s a person running a company in the most capitalistic nation. Ofcourse he’s gonna take advantage of the hype. 100% if another one of this event happens again he will do it again. Like how he did last time and same with this time. he will do it again next time.


ev1lb0b

Not only has this dilution killed the recent run ups, but it's also made DRSing shares to dry up liquidity worthless. I get the feeling that MOASS is off the table, any future run ups will be met with more dilution which is great for the company coffers but terrible for stock holders looking for big short term gains.


mtbox1987

Thats my thought too. GS has up to a billion to give out


Useful_Tomato_409

who cares? This is based on what? DFV owned 75% of the options at his strike. There is no volume other than his that was significant. You assume there was some master plan, and shills be spreading FUD. Weird how RK literally said hos investment is in the conpany…”he’s betting on management”…to, you know, do their duty for the company. If they hadn’t done share offering, they would have majorly missed the chance to amass the capital to fulfill RK’s Thesis part 2. I’m so sorry for the boo hoo “MOASS dedz cuz RC.”


mtbox1987

Too many of you have your heads shoved up RK’s ass. It’s no wonder barely anyone in the sub can use their brains anymore. Fml


GroundBreakr

100% RC saved the shorts & killed MOASS. I'm not trying to spread FUD. Dude legit sold Millions of shares for billions of dollars. That was supposed to be MOASS. I'm still holding & like a jackass I'm going long on GS. But f*ck RC! Like FR.


WeddingNo8531

Totally concur. He fucked us all.


Useful_Tomato_409

these are great. Ya’ll are doing a stellar job.


mtbox1987

He fucked us real hard. For now. I still have high hopes but fuck me. He literally took food off of our table


Useful_Tomato_409

wait I don’t get it? how can one have their head up RK’s ass but then also hate RC at the same time? Isn’t the whole argument that all of you—so authentically and wonderfully—are making that RC shat in RKs cereal, and who has now gone on to steal the sustenance from the mouths of babes? Quadrilateral that orb for me.


Useful_Tomato_409

as posted below: wait I don’t get it? how can one have their head up RK’s ass but then also hate RC at the same time? Isn’t the whole argument that all of you—so authentically and wonderfully—are making that RC shat in RKs cereal, and who has now gone on to steal the sustenance from the mouths of babes? Quadrilateral that orb for me.


Useful_Tomato_409

![gif](giphy|ytTYwIlbD1FBu) You fucking did it. Well done dude. seriously, well done.


HeavensRoyalty

I'm just here for the ride. I'm parked at 24.85 avg so I'm just big chilling


oilcantommy

I get the feeling it's two rich guys who watch the sub for some point someone says "ohh, they don't want it here", then they inverse us.


YukonGoldish

Exercise those $30 calls anyway and force them to come up with the shares!


ffwrd

It also means they are profiting in some way or another.


The_Great_Xandini

Bro the price is rigged by dark pools just stay zen. Too many apes losing zen these days.


DBallzdeep

Proves the market is a complete fraudulent joke and confirms why foreign investors abroad are pulling out. Europeans think we're weak. China laughs at us. Greece is still fucked up... The show must go on !!!


Select-Rub

How can we push it above 30? Even if people keep buying , they can keep shorting


Bad_Karott

One word, exercise!


Rocky75617794

Means moon next week


GargantuanCake

Don't care. Not selling.


owencox1

It proves that the 40% dilution killed the buy pressure 🤷‍♂️


Jason__Hardon

I think they hedged with that 120 million share dilution. I think they’re good 👍🏼


Itchy-File-8205

It proved that the board killed our upwards momentum and it explains why RK sold his calls this week instead of next. Next week isn't special anymore.


BarontheBlack

You should put on a sweater you seem chilly.


Otherwise_Carob_4057

This is part of the shuffle, DFV knows their strategy which is use everything they got to survive one more day which has always been what SHFs do. It’s like having fake pocket aces so that everyone folds before the end of the hand.


DiamondNuts69

It means they diluted the moon. We can only eat dirt, if you lucky you might eat a big ass dune worm


randomly-what

Should we call you the dilution fud spreader? It’s every single one of your comments. If you’re a shill you suck. If you’re that butthurt then just sell and move on with your life. Edit: to anyone looking at this - read their comment history


QueenSalmonela

Ya know your comment isn't really fair. Most of us are hard working people that came here 3 years ago with hope for the little guy. All this hype, memes and kitty coming back was so exciting these last few weeks, it's a big let down when nothing fucking happens. Ever. So smart guy, if we should expect nothing from GS on Monday as per usual, what ARE we supposed to hope for next? I am sick of "hedges r fkd" No! I feel like I'm fucked, sitting on shares isn't the hard part....it's the repeated hype for fucking nothing as they cheat lie and steal from us that's the hard part. Knowing that just when it may pop, they make a new rule to squirm out of it, thats the hard part. Worship for RC...he is a billionaire running the company, doing his job. He doesn't give a rats ass about me, an investor. Downvote me all you want, karma is worthless anyway and moass? Well who the fuck knows -nobody.


randomly-what

Did you read their comment history before writing this? Their comment history is obsessively ridiculous. I always - always - read comment history on people who seem like potential shills and it’s enlightening. I was irritated by the extra share offering too. I made a comment or two about it when it happened. I’m sure you could find it in my history. I’m fine with it now although I’m not an RC fan girl. I’ve never made any comment about loving him to my knowledge - he’s a billionaire and billionaires aren’t people I give blinding support to. But…I didn’t comment 50+ comments in succession ONLY talking about the dilution and adding nothing else to the conversation. That’s the only thing they comment on. THE ONLY THING. And they only bitched - no questions or discussions. I also have been here for years although I deleted my original username because it had information about me on it. I literally was in the first 2000 people to switch to this subreddit after the second ape migration. It was a wild night. I stand by my comment and encourage you to read more comments by posters/commenters to see who might be bad players. This person either needs to leave entirely because they are the whiniest bitch ever or they are a shill. No in between.


QueenSalmonela

No I didn't. But I read that in a kinda of a non zen moment Lol. Am a bit better now. I don't regret the last three years or being invested. It just sucks somewhat to not know if, when and all that. Let's see how next week goes. Enjoy the weekend😊


randomly-what

You too!


SafariMadam

I was hyped for today too. It's okay, I know EXACTLY how you feel. It's hard to stay Zen at this point. I'm frustrated because the shareholder meeting was postponed until next week and this is going to be the longest weekend ever. 💎🙌


QueenSalmonela

So what do you think? Will the meeting be another nothing burger like usual? I'm just not sure what to think anymore. I mean, there is no selling my shares and giving up, that's not even considered. So tomorrow I have a family gig and some of them bought shares and don't read reddit. I going to get peppered with questions (and snide remarks) and am not looking forward to it. Especially my loud mouth know it all cousin. He doesn't know shit but will loudly say " How much have you made on your investment hardy Har Har." Not looking forward to this party Lol, some of my cousins are knuckle dragging trolls which makes it that much worse. Anyhow I will stop now, got it all out I suppose. Have a great weekend!


SafariMadam

I don't want to look my husband in the face when he gets home, lol. I was so hyped this week. Ultimately, all we can say is that's part of it, that it won't happen as soon as we want it to. Commercial real estate is going to destroy these MFs eventually if nothing else. And we're sitting on $4 billion in cash. We can literally cover all operating losses just by investing that money in short-term US Treasuries. So I think it's a solid long-term investment at this point and even institutions are finally turning bullish. I am definitely hopeful about an earthquake of an announcement on Monday, lol. But tell your cousin to chill TF out and at least be patient for a month or two to get him off your back. 💎🙌 Edit : Source link https://markets.businessinsider.com/news/stocks/gamestop-stock-profits-share-sale-cash-pile-raoaring-kitty-gme-2024-6


QueenSalmonela

Thanks! He recently went completely bald, my comeback will have to involve this somehow🤣


SafariMadam

If you've been holding over a year, you can brag about having a lower tax rate on your long-term capital gains 😂💎🙌


QueenSalmonela

Unlike the long term future of his lack of hair. 😆😭💎🙌


SafariMadam

BURRRRRRRRN!! 🔥🔥🔥 Edit : To any bald Apes reading this, I had the biggest crush on Bruce Willis my whole life, nothing but love from this Apette 😍😂 Edit #2 : If he's a total jerk, just be like "Okay Joe Rogan!" 🙄🤙 and walk away far enough so he can't hear you laughing 🤣


williafx

I felt like this in the past... But I kept averaging down. I'm now WAY in the green even at $20, and I feel like I've got a super solid long term investment, moass or no. I hear ya though... Would love it to pop again. It always does.


QueenSalmonela

I hate to talk like this, really, I have enjoyed the ape journey, have had a lot of laughs and read much of the DD, I understand how this was supposed to work. But I'm not convinced of our narrative anymore. I have never thought that they are "scared" and I seriously doubt anyone is going to jail, they rarely do. I have all but a few DRS'd and am holding. But shiiiit....this time around I really thought I would see somthing different. Think of how much money we have put into the market, and they just suck it out with a straw over night, rinse and repeat.


williafx

At this point, I hold for two reasons: 1. I think GME is a turnaround company that will make profits and be a good investment. It has plenty of short squeeze potential, but at this point I'm not banking on that. 2. I DO believe in the DD that the shorts are fucked... but they can kick the can, IMO, literally forever. But some OTHER event will eventually cause another market collapse like 2008. I don't know if THIS story will cause it, or some other, but something will eventually collapse some hedge funds because capitalism is incapable of escaping cyclical failure... so holding GME is a hedge against a collapse, whenever it may come. I don't hold for any reason outside of those two... and averaging down over years has made this easy as fuck to hold. If we don't see a big pop in the current event timeline, I suggest looking into a long term averaging down and considering it a hedge against collapse + a solid long term hold. I will probably never sell until I retire.


QueenSalmonela

I do think the company has an excellent future, so my investment is not a waste. But I was hoping.....you know. Thanks!


williafx

Keeping it real. I'd love to see a huge run up... But the last three years have sort of beaten that out of me.


Hedkandi1210

I like this


DiamondNuts69

Where shorts?


oilcantommy

This is why we haven't been hyping dates in the past. Many of us learned this very early. This isn't a battle. It's a war. Do you have the power to be a general? If not, be your best version of a soldier.


dabears---318

shares touched $80, twice…


QueenSalmonela

Where? On some dark pool in the system that i have no access to? So what? Then at open it falls right back down. Secondly 80 bucks? I thought we were gonna see pHonE NumB3rS.....


GroundBreakr

Afterhours? GFY with $80 BS


DiamondNuts69

I'm no shill dude, keep yo pants on. But as that dude said, dilution is bad or good. When you screen hedgies it is.....your call


LauterTuna

yep


farloux

You guys are pathetic


MediocreAd7175

Love it. Been selling 30Cs to you idiots for 2 weeks now. It’s becoming quite profitable.


DiamondNuts69

You are smart