Stock discussions

[pandemkodi]

Usually you don’t need hedge j less you go big . But hedge is always safe . 

[MRI]

GME repu 40%+ vuntundi anukuntunna.. market opening ee 20% tho start avvochu.. Friday roju all optionis profitable..

emantaaru @Vaampire and @BeerBob123 / @MiryalgudaMaruthiRao?

[Anta Assamey]

10 minutes ago, MRI said:

GME repu 40%+ vuntundi anukuntunna.. market opening ee 20% tho start avvochu.. Friday roju all optionis profitable..

emantaaru @Vaampire and @BeerBob123 / @MiryalgudaMaruthiRao?

Naaku endure doubt ee... But what do you think will be the reason for increase.. 

[pandemkodi]

Gme mostly go up but very dangerous to play . Friday gamma squeeze happened which means stock go up cos so much options got bot  so MMS has to buy the stock to hedge . The actual short squeeze is yet to happen but at this pace gme could be looking at 200 or 20 anything can happen so play both sides if you want to . Otherwise you are toast . 

[RULER]

5 minutes ago, Anta Assamey said:

Naaku endure doubt ee... But what do you think will be the reason for increase.. 

Reddit community is pumping the stock ...There is fight going on between citron research Reddit group 

146% short interest on the stock ..  Reddit wallstreetbets community group buying call option  which in return market maker are force  to buying the stock ... That’s causing Gamma squeeze ... stock is going up ..

After Stock pump yesterday ... citron released a video that they never going to comment on $GME

 

[Anta Assamey]

9 minutes ago, RULER said:

Reddit community is pumping the stock ...There is fight going on between citron research Reddit group 

146% short interest on the stock ..  Reddit wallstreetbets community group buying call option  which in return market maker are force  to buying the stock ... That’s causing Gamma squeeze ... stock is going up ..

After Stock pump yesterday ... citron released a video that they never going to comment on $GME

 

Thanks bro ... was just reading this ...

GameStop Mania Fueled by Record Options and White-Knuckle Shorts

Katherine GreifeldJanuary 22, 2021, 12:56 PM PST

• Over 700,000 calls on GameStop trade Friday as shares surge

• Short-sellers have lost over $1.74 billion on the stock: S3

GameStop store in the Herald Square area of New York.

Photographer: Gabriela Bhaskar/Bloomberg

Frenetic options trading. A sea of shares sold short. Chat room range wars. Pretty much everything with the potential to slingshot a stock into the stratosphere was at play in GameStop Corp. Friday.

“GameStop is a true animal,” said Steve Sosnick, chief strategist at Interactive Brokers. “It’s a rare convergence of a short squeeze combined with some fundamental news and an army of fast money traders.”

If any single fact explains the histrionics, it’s this: GameStop stock equal to 141% of its available shares has been borrowed and sold short, a bearish position showing mark-to-market losses of over $1.74 billion, according to data from financial analytics firm S3 Partners. (A single share can be shorted multiple times.) Gains beget gains when shorts are under that kind of pressure, forcing them to buy back stock as it rises.

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In the options market, where dealer hedging also has the potential to fuel rallies, a record 913,000 GameStop calls traded as of 3:43 p.m. on Friday, as a showdown between short-seller Citron Research and hordes of Reddit day traders ended with the stock soaring as much as 79%. A bullish GameStop contract with a strike price of $60 expiring Friday was the most actively traded option across exchanges, according to Bloomberg data. It jumped 2,700% to roughly $1.97, from just $0.07 on Thursday.

GameStop’s brick-and-mortar, often mall-based presence has made it a favorite among short sellers for years -- it has rarely left the list of their top targets on the New York Stock Exchange. That, along with its relatively small float, made it tempting for crowd-sourced chat-room cadres who naturally glom to shares trading in the single-dollars.

Which GameStop used to do, but does no longer. At $57, the stock now trades for 50 times annual earnings in the next year analysts forecast it will be profitable -- its fiscal 2023. But trading heated up Friday, with more than 175 million shares changing hands during the session, 21 times the daily average of the past year.

The GameStop frenzy comes after a Tuesday tweet by Citron, in which the short seller wrote that “buyers at these levels are the suckers at this poker game.” That spurred a wave of backlash of the 1.9 million-member-strong Reddit forum r/wallstreetbets, prompting Citron managing partner Andrew Left to say Friday that the firm will stop commenting on the stock.

Amid the battle, GameStop surged as much as 116% this week, with Friday’s surge triggering a trading halt for the stock and marking its most volatile 10-day period on record. Shares have rocketed over 200% higher so far this month.

Traders are also chasing those gains in the options market, according to Susquehanna International Group’s Chris Murphy.

“It’s an epic combination of retail traders chasing momentum on a highly shorted stock,” said Murphy, the firm’s co-head of derivatives strategy. “Those investors may be viewing the January $60 calls for a max loss of about $2 as a better way to express their opinion than buying the stock for $58.”

 

 

[MRI]

1 hour ago, RULER said:

Reddit community is pumping the stock ...There is fight going on between citron research Reddit group 

146% short interest on the stock ..  Reddit wallstreetbets community group buying call option  which in return market maker are force  to buying the stock ... That’s causing Gamma squeeze ... stock is going up ..

After Stock pump yesterday ... citron released a video that they never going to comment on $GME

 

+1

Friday options performance an indicator..  

[trying_telidu]

20 hours ago, divvu said:

PTON: added Friday morning(157.6) will close on Feb 2nd EOD. No need to monitor in between also 😀. Will update whats my p/l %
 

I have added bigly on 150c on friday for earnings. Lets if drops to below 150 will add more

[Sreeven]

Tnsp stock gurinchi edo pedda discussion nadustundi

[Piracy Raja]

 

[MRI]

last week AMZN $3100 ki konnanu anukunna.. execute cheyaledu.. thu naa bathuku..

[MRI]

mee andari utshaham choosi.. chaala yella taravata malli stocks lo koncham pettanu.. sanka naakipoye lakshanaalu malli vachinattunnayi..

[BeerBob123]

1 minute ago, MRI said:

mee andari utshaham choosi.. chaala yella taravata malli stocks lo koncham pettanu.. sanka naakipoye lakshanaalu malli vachinattunnayi..

MG

[MRI]

10 minutes ago, BeerBob123 said:

MG

arey nee insider trading connections tho oka stock cheppara.. 

[BeerBob123]

28 minutes ago, MRI said:

arey nee insider trading connections tho oka stock cheppara.. 

buy RLFTF and forget