What’s Going On With GME???
- Thread starter I Really Mean It
- Start date
Leavingtheecstasy
All Star
Shareholders meeting won't be shyt. But I'll keep fingers crossed.
Keith better have some tricks up his sleeve because he's got a week on those calls and may have sold some already
Keith better have some tricks up his sleeve because he's got a week on those calls and may have sold some already
hes fine
Leavingtheecstasy
All Star
1/1
This is just a few of the strikes, but after those $20C were unloaded, someone decided to build their own gamma ramp. With MILLIONS of dollars. THAT EXPIRE IN 2 DAYS. OUT OF THE MONEY.
So uh… what doin
@TheRoaringKitty
What you are observing is a substantial amount of options trading activity, particularly focusing on call options for GameStop (GME) with strikes at $24, $27, $28, and $30 that expire in two days.
1. Initially, there was a significant unloading of $20 call options. This means someone sold a large number of these options, possibly taking profits from a prior position.
2. After the $20 calls were unloaded, a large number of out-of-the-money (OTM) call options were bought for strikes at $24, $27, $28, and $30. This activity is referred to as building a gamma ramp.
3. Gamma: This is a measure of the rate of change of an option’s delta (the sensitivity of the option’s price to the underlying stock price). When traders buy OTM call options, market makers who sell these options often hedge their positions by buying the underlying stock.
If enough OTM calls are bought, it forces market makers to buy more of the underlying stock as a hedge, which can drive the stock price higher. This effect is magnified if the stock price approaches the strike prices of the options being bought, creating a feedback loop of buying pressure on the stock.
4. The large premiums (millions of dollars) being paid for these OTM calls suggest a strong bullish sentiment or a strategic move to influence the stock price upward.
The short time frame until expiration increases the risk but also the potential reward if the stock price moves significantly towards or above these strike prices.
5. The buyer of these options might be making a bold bet that the stock price will surge significantly in the next two days.
It could also be a strategic move to induce a gamma squeeze, causing market makers to buy shares and push the stock price up, potentially benefiting other positions the buyer holds.
To summarize, the significant purchase of OTM call options with close expiration is a high-risk, high-reward strategy that could be aiming to cause a gamma squeeze, potentially driving up the stock price due to the hedging activities of market makers. This kind of activity can create substantial volatility in the underlying stock in the days leading up to the options' expiration.What you are observing is a substantial amount of options trading activity, particularly focusing on call options for GameStop (GME) with strikes at $24, $27, $28, and $30 that expire in two days.
1. Initially, there was a significant unloading of $20 call options. This means someone sold a large number of these options, possibly taking profits from a prior position.
2. After the $20 calls were unloaded, a large number of out-of-the-money (OTM) call options were bought for strikes at $24, $27, $28, and $30. This activity is referred to as building a gamma ramp.
3. Gamma: This is a measure of the rate of change of an option’s delta (the sensitivity of the option’s price to the underlying stock price). When traders buy OTM call options, market makers who sell these options often hedge their positions by buying the underlying stock.
If enough OTM calls are bought, it forces market makers to buy more of the underlying stock as a hedge, which can drive the stock price higher. This effect is magnified if the stock price approaches the strike prices of the options being bought, creating a feedback loop of buying pressure on the stock.
4. The large premiums (millions of dollars) being paid for these OTM calls suggest a strong bullish sentiment or a strategic move to influence the stock price upward.
The short time frame until expiration increases the risk but also the potential reward if the stock price moves significantly towards or above these strike prices.
5. The buyer of these options might be making a bold bet that the stock price will surge significantly in the next two days.
It could also be a strategic move to induce a gamma squeeze, causing market makers to buy shares and push the stock price up, potentially benefiting other positions the buyer holds.
To summarize, the significant purchase of OTM call options with close expiration is a high-risk, high-reward strategy that could be aiming to cause a gamma squeeze, potentially driving up the stock price due to the hedging activities of market makers. This kind of activity can create substantial volatility in the underlying stock in the days leading up to the options' expiration.
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
This is just a few of the strikes, but after those $20C were unloaded, someone decided to build their own gamma ramp. With MILLIONS of dollars. THAT EXPIRE IN 2 DAYS. OUT OF THE MONEY.
So uh… what doin
@TheRoaringKitty
What you are observing is a substantial amount of options trading activity, particularly focusing on call options for GameStop (GME) with strikes at $24, $27, $28, and $30 that expire in two days.
1. Initially, there was a significant unloading of $20 call options. This means someone sold a large number of these options, possibly taking profits from a prior position.
2. After the $20 calls were unloaded, a large number of out-of-the-money (OTM) call options were bought for strikes at $24, $27, $28, and $30. This activity is referred to as building a gamma ramp.
3. Gamma: This is a measure of the rate of change of an option’s delta (the sensitivity of the option’s price to the underlying stock price). When traders buy OTM call options, market makers who sell these options often hedge their positions by buying the underlying stock.
If enough OTM calls are bought, it forces market makers to buy more of the underlying stock as a hedge, which can drive the stock price higher. This effect is magnified if the stock price approaches the strike prices of the options being bought, creating a feedback loop of buying pressure on the stock.
4. The large premiums (millions of dollars) being paid for these OTM calls suggest a strong bullish sentiment or a strategic move to influence the stock price upward.
The short time frame until expiration increases the risk but also the potential reward if the stock price moves significantly towards or above these strike prices.
5. The buyer of these options might be making a bold bet that the stock price will surge significantly in the next two days.
It could also be a strategic move to induce a gamma squeeze, causing market makers to buy shares and push the stock price up, potentially benefiting other positions the buyer holds.
To summarize, the significant purchase of OTM call options with close expiration is a high-risk, high-reward strategy that could be aiming to cause a gamma squeeze, potentially driving up the stock price due to the hedging activities of market makers. This kind of activity can create substantial volatility in the underlying stock in the days leading up to the options' expiration.What you are observing is a substantial amount of options trading activity, particularly focusing on call options for GameStop (GME) with strikes at $24, $27, $28, and $30 that expire in two days.
1. Initially, there was a significant unloading of $20 call options. This means someone sold a large number of these options, possibly taking profits from a prior position.
2. After the $20 calls were unloaded, a large number of out-of-the-money (OTM) call options were bought for strikes at $24, $27, $28, and $30. This activity is referred to as building a gamma ramp.
3. Gamma: This is a measure of the rate of change of an option’s delta (the sensitivity of the option’s price to the underlying stock price). When traders buy OTM call options, market makers who sell these options often hedge their positions by buying the underlying stock.
If enough OTM calls are bought, it forces market makers to buy more of the underlying stock as a hedge, which can drive the stock price higher. This effect is magnified if the stock price approaches the strike prices of the options being bought, creating a feedback loop of buying pressure on the stock.
4. The large premiums (millions of dollars) being paid for these OTM calls suggest a strong bullish sentiment or a strategic move to influence the stock price upward.
The short time frame until expiration increases the risk but also the potential reward if the stock price moves significantly towards or above these strike prices.
5. The buyer of these options might be making a bold bet that the stock price will surge significantly in the next two days.
It could also be a strategic move to induce a gamma squeeze, causing market makers to buy shares and push the stock price up, potentially benefiting other positions the buyer holds.
To summarize, the significant purchase of OTM call options with close expiration is a high-risk, high-reward strategy that could be aiming to cause a gamma squeeze, potentially driving up the stock price due to the hedging activities of market makers. This kind of activity can create substantial volatility in the underlying stock in the days leading up to the options' expiration.
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
1/1
If GME MM doesn’t hedge it could negate the gamma squeeze yes. but who would rationally do that unless they truly think if the the buyer of the contracts can’t exercise the contracts due to a lack of liquidity. That’s a big gamble.
The issue with this major gamble is it’s a bet MM’s usually wouldn’t take. It hinges the financial capability of the buyer to exercise the options in the case they do have the capital.
If market makers believe the buyer does not have sufficient funds to exercise a large number of call options, they might be less inclined to hedge aggressively, further reducing the likelihood of a gamma ramp.
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
If GME MM doesn’t hedge it could negate the gamma squeeze yes. but who would rationally do that unless they truly think if the the buyer of the contracts can’t exercise the contracts due to a lack of liquidity. That’s a big gamble.
The issue with this major gamble is it’s a bet MM’s usually wouldn’t take. It hinges the financial capability of the buyer to exercise the options in the case they do have the capital.
If market makers believe the buyer does not have sufficient funds to exercise a large number of call options, they might be less inclined to hedge aggressively, further reducing the likelihood of a gamma ramp.
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
1/1
Was thinking the same thing this morning...
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
Was thinking the same thing this morning...
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
threattonature
Veteran
1/1
Was thinking the same thing this morning...
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
This all makes me curious on what's up with Roaring Kitty for a couple of reasons.
1. Why come out and expose his positions and all the options instead of just laying low. Was he trying to trigger a run to put his options in the money by starting with the tweets again? I forgot what the price was when he first returned.
2. When showing his positions one thing I noticed was the 29 million in cash he had sitting there. I wonder if that was intentional just to show he has a nice amount of cash to actually exercise the options.
Leavingtheecstasy
All Star
Lmao shareholder meeting was postponed due to technical errors preventing shareholders from connecting.
That's how many people were watching this.
The guys who see conspiracies in everything are going to go rampant now lmao
But come on, they can't even connect for a meeting.
That's how many people were watching this.
The guys who see conspiracies in everything are going to go rampant now lmao
But come on, they can't even connect for a meeting.
Leavingtheecstasy
All Star
I’m fine with no news
Let the stock do what it do
x.com
x.com
They may have been hit with a ddos attack
x.com
They may have been hit with a ddos attack
even more dramaThis movie about this saga will be
Black Mamba
Superstar
Ride the worm? 
