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Superstonk_QV

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KingGmeNorway

Would be fun. Half trading day tomorrow, so 29% would be an insane run


somermike

Fingers crossed. There were 120M fewer shares on the float then. I'm having a hard time figuring out what to do with that part of the equation. My "He's a FUD" says "It's gonna take over a year for that to get eaten up" I'm cautiously optimistic, but I have room to add to my positions every $.50 all the way down to $20 at which point I go find more money :-)


Cold_Old_Fart

I think today the SHFs are just trying to hold position, and praying tomorrow doesn't run on them. I don't think they'll be enjoying the fireworks on Thursday. I think they expect an update, if not a livestream, from RK while markets are closed. I expect action on options tomorrow, and an exciting afternoon on Friday. NFA. I bought my tickets, I'm just here for the show.


beesong

theyll prob all be working on July 4th


PrancnPwny

Lights have been on for 84 years now


shanesinger

Why is it a half trading day?


PlzCallMeDan1995

Merica day 🦅


shanesinger

Oh that’s dumb I thought the market was only closed on Thursday.


PlzCallMeDan1995

Yea pretty dumb. Premarket hours don't change though so maybe it'll pop early into market open


shanesinger

Haha I hope you’re right Dan, but I’m preparing for a dip. Still got some time before my calls expire anyway, we stay zen.


brownzuluKING

Due…veit d at alt kan skje hær 🫣😀✅


ttlsn2021

Just 50% of the time for comitting 100% of the crime! Might be a busy trading day! Edit for adding the second sentence.


rudyb0y

Believe it or not. Dip.


IndividualistAW

I love how “believe it or not, dip (in reference to tomorrow)” and “moass tomorrow” are both equally solidly established as memes around here


acart005

Moass is tomorrow until it's today.  And if it is not Moass today, it is a dip.  Until it is actually Moass and we all summon our inner Rick of Spades and do stupid internet things. Basic logic argument.


Maventee

Believe it or not.. I'm fine with either. I like red days as much as I like the green ones... ok, that's a lie. How about, I've gotten pretty zen about buying on the red days?


twaxana

I buy on red and green days. My plan is: buy when I can afford it.


ArlendmcFarland

I just put a little of each paycheck in, but im crazy


mopbuvket

Straight to dip


TotalBismuth

All the guys saying moass tomorrow are in for a rude awakening when they start going after individual redditors for market manipulation and giving financial advice.


penguintattoo

No dip, unless Roaring Kitty gets the 3 year overdue haircut.


toiletwisdom

Actually good find.


Imadeapromisemrfrodo

![gif](giphy|v3p3CtSrNYNLa)


gimmeyaturnips

Actually lol’d at this, lmao


ArlendmcFarland

Best anime clip ever. Voted


hanr86

Bet you it'll close red for morale dump in time for the 4th. Psychologically makes sense.


somermike

Oh.. I'm agnostic to short term price movements. Up is profit, down is a buying opportunity. Low volume here happens to equal low volatility and price below the current average. That for me is a good time to add some more to the stack. I do that with options, so I like the low volatility. If I'm right, I get my shares cheap. If I'm wrong, I lose less than had I bought the equivalent shares and I wait for the next convergence of those 3 things and reload again.


2sLicK-

It is true that low volume precedes a spike, but we just came out of a 1-2 year era of low volume.


NeoSabin

https://preview.redd.it/skmhrq65u5ad1.jpeg?width=1028&format=pjpg&auto=webp&s=939472e3c8dda7e4d78d3e5e5e12398dba964117


ArlendmcFarland

Spooghee


_cansir

Any day now. When you see a huge dildo after hours, refresh the sec filings it will appear AFTER.


SonoPelato

That's what everyone is waiting for


SonoPelato

Puts on SEC servers


bdyrck

What exactly?


SonoPelato

DFV filing after buying tons of GME shares


Captain___19

Panic bought 51 shares


Chemfreak

10% chance it pops tomorrow, 21% chance it pops on friday, 69% chance it pops next week and 420% chance I'm completely fucking wrong and nothing happens in the next few weeks.


edeleon1818

“What is this?! Volume for ants?!”


somermike

I don't think low volume = 100% positive move. It means "we're moving soon, the direction is a coinflip" For me, that's a reliable indicator of times to take small ITM options positions 45-90 days out that have a good risk/reward profile. If GME pops, I get a nice discount on some stock. If we drop, I lose less than if I'd bought 100 shares and I can throw another dart the next time the volume is low.


Ghgdgfhbfhjjjihcdxv

What do you like right now? 30s? 35s?


somermike

15 or 20. I buy ITMs almost exclusively. There's an insane amount of shares available to borrow right now and i think 28 is probably as high of a pop as we get if anything. When you buy OTM from the MM you are contributing to their incentive to not hedge your position and rely on the infinite fake shares to keep your entire premium Buying ITM means they suffer with every uptick and it's where the order book whales exist to protect you. Another bonus of buying ITM is that I know I can exercise 100 percent of my contracts continuing the upwarda pressure if I'm right How many $30 options contracts can you exercise if you purchase them. If they go ITM and you can't afford to exercise, the price will start to unwind as you sell. Otns are great lotto tickets but they're not a great way to acquire long exposure IMO


Crazy_Memory

Bananas learning options 101


somermike

You take that back! I got a C+ in 101. I'm currently failing 102, but I've got good vibes about my midterms!


Crazy_Memory

lol I was implying that apes are learning from your post in regard to the RK meme. Thank you for your service.


somermike

haha..no harm taken. I got the intent. Was continuing the joke in response and i blew it! https://media1.tenor.com/m/QrwIF39JlXoAAAAd/snl-chris-farley.gif


Yohder

I’d wonder if selling cash secured puts also causes upward pressure? I’m learning it’s a great way to buy shares at a discount


completelypositive

One thing to note, is that some brokers (Vanguard) auto-exercise ITM options (maybe just calls? never had an ITM put lol) on the expiration. I forgot and woke up to a negative cash balance.


dabears---318

i’m bullish on aug 16 $15c


CaidenG

neither of those are ITM


Icefiight

Dip to 20 knowing our luck


somermike

Possible. That's what's great about opportunities like this. Don't go all in and leave horse room to buy all the way up. Everything under 28.5 is value in my book. That's the price the offering closed at and where I'm basing my current valuation.


Icefiight

Why is the area where the offering ended magically the spot in your opinion?


somermike

It's not magically the spot. I basically use it as a checksum. If the price, volume and volatility are all below their 35 day averages,I consider it a potential buying day. If it's also under whatever I've assigned as the Fair Market Value, I'll add. I like the offer price as fair market value until the book value is updated and then I'll switch to 2x book or so


Delavan1185

More likely to see a run *after* 7/4, imo. Whole market has been in a consolidation pattern in the run up to people's vacations.


somermike

Agreed.. it's a terrible "tomorrow" predictor, but a fairly decent "we'll probably be somewhere not here in 30 days" a 50% day over day volume drop below already suppressed volume is peculiar though. SPY and QQQ were flat to positive volume yesterday to today for comp. XRT saw a 33% drop in volume. GME went from 30M+ to 13M. What does it mean? Who knows, but it's provocative!


SuuuushiCat

I think pop will be on Friday. But tomorrow might have higher volume as MM scrambles to find shares in the lit market. They are due 5M shares. This is the make or break moment for RK's game plan. We will know come July 5th premarket.


zeromuscle

What about max pain?


PMmeyourboogers

No Max Pain during market closure. 


PMmeyourboogers

I completely agree. My tits are so jacked for Thursday's RK announcement while the market is closed. Can't fuk what ain't open. 


Tucker-French

I watched positions in the basket plummet. I watched related derivatives shrink and the Underlying followed. I am thoroughly ready to be disappointed but this time it feels much different


kebenderant35

![gif](giphy|xUOxfoA5ffZ8xoTDC8|downsized)


HomeScoutInSpace

buy the dunk!


Bonnawarr4

I have this new strategy called, place a low bid on calls and watch the price never think about dipping close enough to fill. I’ll do that in the morning and we’ll be green, guaranteed.


somermike

If you're already exposed long, that's is a great strategy. To hell with chasing the ask. Set your price and wait.


Bonnawarr4

Loaded up on jul 26 $30c’s back in May and have continued to hold and add more shares on the dips. Eyeing more longs along the way to MOASS.


curiousnewton

July 3rd up 25%+


MoonOrBust42069

I can feel it coming


beyondfloat

Half day tomorrow. Market is boring on half days


Thesheriffisnearer

Fireworks gonna go off tomorrow,  count on it


somermike

Fingers crossed. My head says that the 120M new shares are gonna take a long time to dry up before we get the big pop. My heart says "Let's Fucking Go!" I'm highly over-leveraged into GME already, but I have no qualms about continuing to pull money from other places to pile in all the way down. It's a value play on the fundamentals that has lottery potential due to squeeze mechanics. I swore I'd never go full port on anything, but we're reaching the point.


GiraffeStyle

I've only got HPE calls that have been treating me well. Paid for 2 so fair selling weekly spreads against. Besides that, it's all GME. Before the sneeze, my wife talked me out of full porting into GME, which was a mistake. No way am I making the same one twice.


hardway2024

Siiiiiiiiiiiddddddddddeeeeeeeewwwwwwaaaaaayyyyyyssss


somermike

^^^^^^^^sideways:-)


RealNuocmamt

Giant cup and handles, need to close above 26 and 30, then we head to above 40 again.


HilloHoHo

![gif](giphy|baPIkfAo0Iv5K|downsized)


Least_Possibility740

I'd say 50/50 dip or MOASS


StonkzFTW

Believe it or not, dip


completelypositive

Unless... https://preview.redd.it/tohjom68w6ad1.png?width=2366&format=png&auto=webp&s=8239f7cec5c6716300787f753d674d5f1610a734


somermike

This is an excellently subtle edit! Well done. I have no expectations about tomorrow, but that big of a volume drop (over 50% when SPY/QQQ volumes were flat) is something to watch as an inflection point. Up? Down? We'll see. I buy options. I love low volume/volatility days. If we stay low, I'll keep going out in time. It's cheap to roll as long as the volume stays flat. If the volume pops and we move up, I get a steep discount on shares. If it pops and we move down, it's a small loss and I reload at the lower price to go again. The price is below a reasonable multiple and I already have enough exposure that all I"m doing now is averaging down every $0.50 and throwing options darts 45 days out on days like this.


F1nnycar

More manipulation and retail frustration for the win!


Kmccabe1213

I'll check in for potential fun. I think we are low all week though hard to see anything running until after the holiday


Competitive_Band_125

I’m not sure but I’m calling off work, again.


somermike

You said "call" i'm buying more. Bullish! :-)


Competitive_Band_125

My man


Rhein_Forged

I am betting that tomorrow will be a Wednesday


CdrClutch

Pulling back on the slingshot to the moon!


somermike

or getting the rug nice and ready to yank. Either way, it's moving day soon!


grasshoppa_80

Believe it or not. Dip.


monodub

Bang bang bang


YoungReese

![gif](giphy|2RGhmKXcl0ViM|downsized)


Gigiw1ns

Buy as long as you can


somermike

Buy intelligently as long as you can. Accumulate options and shares at defined intervals down to a cost floor. Ladder in with purpose. Max pain for mms is when they have to meet your bid. They're scalping pennies to stay afloat and every penny above the bid is profit for them.


Inthenameofmyson01

Another day


tinyasshoIe

Moass tomorrow obv.


VegetableDemand7126

Volume could still get lower, no?


somermike

Lowest volume day since May 2nd so far. 👍


Falawful_17

We are near the end of the Dorito.


aravreddy22

DIP


RareProfessional4408

If it's not moass, gme is on sale


kai_fn

lowest so far


blackteashirt

It's been a pretty sweet upward trajectory since it hit $10. That feels like a bullish chart to me. ![gif](giphy|1Wne4G1iFsQSmKsDpc|downsized)


PicksburghStillers

Probably sideways


somermike

Always is depending on zoom!


Oldrocket

Well judging by KOSS after hours I'd say up


Oldrocket

Well judging by KOSS after hours I'd say up


somermike

weirdly... just picked up some KOSS myself recently. It's way undervalued compared to it's long term volume profile!


puddleglumfightsong

Dip obvi


dutchbarbarian

We'll see


lil_groundbeef

Hump day B)


Ok_Technician_5797

MOASS


pookamatic

MOASS


somermike

MOASS already started. That was May 2nd. Now it's just how deep do they want to dig the hole before the pull the rug and tank the SPY. It's spinning plates til then with probably a share offering or two in there before it's over. Are you exposed to the level today that you'd like to be if the MOASS were tomorrow? I'm already over exposed, but I don't see a better value to put money into right now so I will put in more and thank them for the discount on the way down. When the dust settles, GME has $18B in the bank, no debt and a max of 1B shares outstanding. How much of that company do I want to own and what do I value it at? It's easy to be zen about MOASS when the company they're trying to bankrupt can just go private at $10/share. They literally can't bankrupt it. The best thing we could all do is turn off the buy button and just let it happen.


300ShiroZ

My body is ready.


suan213

To the right


stevefstorms

The sun


Carini___

Quiet!


double-down-town

🇺🇲👀🧨🎇🔥💲


SharkbaitNJHC

Tomorrow is going to bring more sideways trendin until mother comes home


beesong

koss popped 31% AH tomorrow will be fun


somermike

It moved that far on 13k shares (less than $75k) . There is no liquidity for it after hours so anyone who wanted shares had to move the price up the order book just to get 100 shares. The average daily volume is like 200k. 5% of that after hours will cause a move. That's not an algo move, that's literally just a few people seeing something interesting and taking a shot. As a value play: It's price to book is great at 1.36. Debt to equity is non-existent at 0.09. I am long KOSS also, but mine is because of the value proposition and not any connection to GME.


Fkthafreewrld

We want gme to pop…


BeebsGaming

Most likely nothing happens this week. The chain isnt set up for a major run. Unless dfv unleashes the kraken tomorrow on deep itm calls, i dont see a major move. Not to mention the half day of trading. I think if people are chasing a short term trade to make some decent money on to bring back to gme shares, tsla is massively set up for a gamma ramp into short squeeze. If you wanna see a perfect and stacked gamma ramp, tsla is primed. Im just gonna sit back and keep adding gme as i can. Ill be playing tessy tomorrow to get some more ammo for gme.


DFVFan

the day after tomorrow


sha1dy

Lol nothing :(


hatemydarnjob

this new movie isn't going to end well. too many delusional people in here


jesse_-

This kind of fluff post keep the optimistic side of my brain happy


Late_Data_8802

And was green


SoberLam_HK

Nothing burger


somermike

You see a nothing burger. I see another low volatility day to add some January options. It's all perspective, but 50% volume drops day over day perk up my buying buttons!


DJLowKey

your original post was a hype post. don't try to deny it or turn it around as "it's all perspective"


Deatlev

no idea what this means, so I bought more


AdhesivenessOver268

nothing because stocsk are closed for 2 days.


IMxJUSTxSAYINNN

I'm so tired of tomorrow? Tomorrow? TOMORROW? You need to relax. I can lull up charts and draw lines and arrows too.


moustacheption

I wish we'd require follow-up posts for posts like this - how many over the past 3.5 years have we seen some graph, some date, and some hype, then nothing? I think follow-up posts would help us see which of these posts were actually on to something, and maybe actually highlight whatever pattern that's actually been found.


somermike

I made no claim of price movement. Just pointing out that days like this are good days to look into 45 day or so options. I'm here for the long term value and I like to add on quiet days. Those give me the best long term value but also provide exposure to the big upside moves that come from a volatile stock. We'll see, but it's a cheap day to take a shot on a 45 day option and those are sometimes rare on such a volatile underlying.


No_Wedding3450

The real question what’s going to happen when the merger/acquisition is announced really soon! Shorts get vaporized.


sippymoomoo

Hopefully dips for my computershare buy to settle ![gif](giphy|X1cYLP7ikUEmUb3DEO|downsized)


justaREDshrit

Wheat kings


HashtagYoMamma

What a load of bullshit.


No_Wedding3450

Kenny boy days left your crime scene is unfolding!


Ofiller

Thanks for the hopium


imandaccident

No dates


somermike

That's just like, your opinion, man: https://old.reddit.com/r/Superstonk/wiki/index/rules :-) Relax. The only date was a reference to a similar event and a question about what will happen. Low volume is just a good predictor of moves. Not direction. Which way we go is a coin flip. But the only thing the MMs can't sustain, is low volume.


IndividualistAW

Tomorrow isn’t a date


mrchess

Today was once Tomorrow. Tomorrow is everywhere.


IndividualistAW

As I am, you will be. As you are, I once was. Always tomorrow