The Brehs of Wall Street (Offical Stock Market Thread)

[ORDER_66]

It’s basically a bet on a stock’s price that hedge funds have made in the form of options that pay out if the price is reached. So, right now, there are tens of millions of these in the 6-8 range, and hedge funds will be left holding the bag if they can’t drive the price down before today’s closing. If they don’t reach those prices, those options flood the market, creating a squeeze and driving the price up after those shares are forced to meet the ask of investors. This is just my layman’s understanding.

Didn't this happen last time?!?

 

[I Really Mean It]

Didn't this happen last time?!?

Yeah, but not to this degree.

 

[DrunkenNovice]

Bag holding / blowing up accounts is a rite of passage.

Let brehs learn their own lessons.

 

[NotaPAWG]

 

[NotaPAWG]

Didn't this happen last time?!?

Why you even engaging with that idiot

The moment he compared BTC (a crypto) to AMC is the second everyone should’ve known wat a idiot he is lol

 

[EARFQUAKE]

Bots aren't necessary to hype up GME. I can see for others on WSB tho.

 

[The Observer]

I am a bot

If you actually read that article, you can tell it's just a tech startup trying to get exposure using the GME hype

 

[SwizzLake]

It’s basically a bet on a stock’s price that hedge funds have made in the form of options that pay out if the price is reached. So, right now, there are tens of millions of these in the 6-8 range, and hedge funds will be left holding the bag if they can’t drive the price down before today’s closing. If they don’t reach those prices, those options flood the market, creating a squeeze and driving the price up after those shares are forced to meet the ask of investors. This is just my layman’s understanding.

With major moves like this, creates volatile stock, and that means lots open interest, that is essentially the gamma squeeze.

 

[HollywoodP]

Also look into entertainment companies. I have a few shares of Cesars and its done well since I bought in last year

I been watchin CZR. Bout to buy on the next dip. That shyts up big today
I shoulda been on this. Its def a company I believe in. Headed to Vegas right now and Planet Hollywood is my spot.

 

[old pig]

Hope y’all stocked up on AMC shares. There are two hours left, with the stock hovering just a few points shy of 8. If the market closed right now, a gamma squeeze would be triggered.

somebody should gamma squeeze your fukking neck

 

[old pig]

Thread should have been moved to The Boiler Room.

hell no.

 

[ORDER_66]

somebody should gamma squeeze your fukking neck

 

[FaTaL]

Hope y’all stocked up on AMC shares. There are two hours left, with the stock hovering just a few points shy of 8. If the market closed right now, a gamma squeeze would be triggered.

I’m about to cop some more

 

[SwizzLake]

I’m about to cop some more

I bought it too breh.

 

[FaTaL]

I bought it too breh.

how many shares, its under 8 right now