Be sure to share the progress pics with us!

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

dude on a scale of 1-10 how happy are you right now?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

100/10 I'm pretty happy with how it's played out so far. I'm no /u/DeepFuckingValue but I'll say it's been life changing.

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Sumerian

40 feb $60 strike and 40 $50 strike. Huge yolo gamble. Ready for $50k loss.

lol at least you're ready

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

F to pay respects boys

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Stock has been halted 4 times so far and it's not even noon. Holy shit. 🚀🚀🚀

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

I made more today than boss has in the last 2 years... god I love WSB

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 
[Comment removed by mod team]
 

Bought feb puts as well, the short squeeze will be over by then.

Brave assumption intern

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

It seems like if you buy both puts and calls, you can't lose.

 

Wait you mean, you can play both sides and always come out on top? I'M IN.

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Yup I can’t participate because of holding periods smh

 

They didn't when I set one up but that was years ago.

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Here’s another example of how wild this market is. I bought a few GME $60 puts when the stock was at $150. Sold out when the stock hit $300 and MADE MONEY on my puts that are now $250 out of the money, because there is so much speculation on both sides of the trade right now. 

"I don't know how to explain to you that you should care about other people."
 

Boy you're fucked. Tbh, you just betted a lot of $ on a coin flip.

I'd keep tabs on WSB thread.

Amount of activity & sentiments there is actually highly representative of the way retail investors trade. But be mindful of the silent "majority" of more "reasonable" retail investors with limit orders on either side of the profit/loss.

Good news for you is that. There's lots of institutional money wanting for GME to go down. Institutional support of the price going up are opportunistic and will gladly pull out at any potential loss. 

 

It’s a pure momentum play. It was intended that way from the start. Some few recognized the short interest, recognized the high liquidity of the options, publicized on public forums, and sat back to watch the dealers, HFs, and retail investors push the price higher. Actually very smart play by whoever started it. I’m sure they are long gone by now though. Now its just a constant cycle on its own just pushing higher until the interest is gone.

 

Memberberries

Can anyone explain the fundamentals behind the dramatic 2020/21 GME rise? I'm not seeing a fundamental change that could justify a 7,500% increase the last 12 months. 

Fundawhats now? Jesus I bet you eat your pizza with a fork too.

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Who's still on this rocket ship? Got 100 shares at $16.50 and still haven't gotten off. We'll see where the price goes tomorrow but curious who else has continued to hold.

Grats on the payday 

Commercial Real Estate Developer
 

3k shares + a bunch of options reporting for duty. Diamond hands till this shit goes to $1000 or $0, whichever comes first. It's not even about the money anymore, it's about sending a message.

🚀🚀🚀

 

Now I regret ignoring your stupid posts. I could have made some easy money out of you.

Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

“Ryan Cohen paid about $75.9 million for his 9 million shares, an average price of about $8.43 per share. His stake is worth about $1.3 billion at yesterday’s closing price, or I guess twice that after Musk’s tweet.”

https://www.bloomberg.com/news/newsletters/2021-01-27/reddit-driven-sur…

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game

https://www.google.com/amp/s/www.nytimes.com/2021/01/27/business/gamest…

“GameStop’s market value increased to over $24 billion from $2 billion in a matter of days. Its shares have risen over 1,700 percent since December. Between Tuesday and Wednesday, the market value rose over $10 billion.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

IV on Puts is the highest i’ve ever seen to be honest, but god am I tempted... Is it better to sell a call spread and capitalize on the high IV vs loading Puts? Trying to craft a trade here with downside bias (spreads seem like the only option?) but pricing on the chain is so F’d. Should I just shy away? Anyone come up with any ideas? Pretty obvious this thing wont be $200+ a year from now... 

 

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"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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