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0 pointsthrowaway-5715y ago0 comments

He'd have to find some other very cheap stock with very cheap far out of the money calls with a high potential for rising 11000% in a year.

I'm taking suggestions.

I don't know if there is anything cheap available on the options market these days.

I don't think GME is going to stay at this price for very long, but on the other hand the retails trader are only ~25% of the volume (Matt Levine's latest column) and on balance selling, so I think the stock price is driven by big players, and "what do they know that I don't?"

0 comments

paulpauper5y ago

Even if the options are super-expensive in terms of IV, if something goes up 200% in a week, you will make a very nice return.

j / k navigate · click thread line to collapse

0 pointsthrowaway-5715y ago0 comments

He'd have to find some other very cheap stock with very cheap far out of the money calls with a high potential for rising 11000% in a year.

I'm taking suggestions.

I don't know if there is anything cheap available on the options market these days.

0 comments

paulpauper5y ago

Even if the options are super-expensive in terms of IV, if something goes up 200% in a week, you will make a very nice return.

j / k navigate · click thread line to collapse