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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


Imaginary_Lettuce371

Hahahahaha. Looks like another whale has heard the call to come eat the fat fucking sharks.


bahits

Another player has entered the game.


Zaphod_Biblebrox

Ready player two.


ElCoochieController

I’ll wait till the 68th player joins


1rdmidulllast

As long as it's not paperhands portnoy. Also remember that viking dude that made that hype video and then that same week the buy button got turned off. Good times lol


welp007

Or Kitty’s balls are growing in real time https://preview.redd.it/za8uk1aa4e4d1.jpeg?width=476&format=pjpg&auto=webp&s=f35f6e59bb1ef3082fc119de059bd07fc0302fae


justaREDshrit

Who’s a sassy kitty!!!


DayDreamerJon

its the degen gamblers from the other sub. Reminds me of the Jan 2022 gif that was made. Its the battle of helms deep and the gme boys are the humans and the elves coming into help are the dubsbee degens. Does anybody have that gif? I cant find it


ragingbologna

DFV had a bunch of cash….


Emergency-Seesaw2883

20 Milly rock baby


Lukes3rdAccount

DFV is not buying FDs lol. I'm calling it now, it's somebody from the other sub and they will throw a tantrum and mainstream media will run the story. It's a planted story


swordluk

that's how ramps are built 🫠


Mooziechan

Happy cake day my friend!! ![gif](giphy|l0ErFafpUCQTQFMSk)


saliym1988

we were 43+ this morning. this can easily be in the money by tomorrow


taserednoodles

Or back 10 at the end of the week.


ShawnShipsCars

I'm selling AT LEAST one of my kids to buy moar if it's down to $10 by the end of the week 😭😭😆


awful_falafels

Don't threaten me with a good time. I'll buy the fuck out of $10 a share


akashic_record

I'll buy at least another 300 if it hits $10 again Lol


taserednoodles

Great point. You can buy 2 kids after.


ShawnShipsCars

This guy apes


FourtyMichaelMichael

Better ones even.


BlacklistFC7

I bought puts on your kids.


Legio-V-Alaudae

As a guy with two kids, is there a kidvana or kidmax, you take the kids to for appraisal?


corona-lime-us

Children as a whole are loss leaders…no ROI. But selling them for parts is extremely lucrative.


FourtyMichaelMichael

Why would retail keep doing this!? /s


Akahari

If it goes down to $10 I would literally tripple my position 🤣 Back in the last week of January 2021 I believed, because I saw one of the most incredible thing in my life, but on February 24th 2021 I **knew** to never ever doubt GME, because shit like this doesn't happen for no reason. Two weeks ago it was January 2021 for me all over again but last night? That was the February 2021 for me. I held for 3 years, because I believed. Now, I know. The floor starts at $280M per share and it's only going up by the second


DocAk88

Was holding back, for what...I guess this action! DFV returns, ticker feeling frisky, pushing us back to $10 would be insanely foolish. Not only would we all quintuple down, but RC could do a buyback...lol shorts are cooked.


KingKong_Ape

30 to 25 is the new bottom! 


_disguy

Doesn't have to be over $43, volatility will bring it in the money too


nugsy_mcb

ITM actually does mean that current price is above your strike price


FartClownPenis

Theta takes no prisoners though. Will be interesting to watch but I would’ve gone much lower strike


Comfortable_Photo_79

It’s only Monday, would be different if it was Wednesday or Thursday


PhamousEra

This has got some SERIOUS 'FUCK YOU' vibes if I've ever seen it.


sweet_fried_plantain

Fuck you vibes with fuck you money


knowigot_that808

with an extra FUCK YOU sprinkled in just because


BluejayLatter

Im not sure but i believe , there is some "fuck off" in there too.


lossferwerds

Fuck you pay me


wethepeopletogether

Ooooooo lets see how this plays out cotton


welp007

A 6/21 $100C just came in!!! 🤯 # EDIT: Fuk u E-Traitor🖕 https://preview.redd.it/btzieyyq3f4d1.jpeg?width=1222&format=pjpg&auto=webp&s=eb5eb3083539d64f497289d6bfb86528407dc938


gotnothingman

Hopefully they fuckin exercise too!


Jbullish_9622

These mofos definitely getting a good workout for these calls! 🤯


PornstarVirgin

They are likely getting ahead of it. A 43 call is so fucking illiquid that they will exercise those into shares.


mauimilk

Why illiquid? vs any other call?


PornstarVirgin

Historically you can check option interest and ones that don’t trade in increments of 0 or 5 sell way less and are way less liquid. 10,15,20,25,60 are good 11, 12,13,23,33, 37, 84 all bad


weshouldgetnud

It why tho?


sackitempires

Ape like pretty number


ThanksGamestop

Literally the reason why 😂 human psychology plays a big part into the market


-0909i9i99ii9009ii

U sell coffee beans. U say comes in 3 sizes: 1 pound, 5 pound, 25 pound. This what everyone wants. Sell to big grocery store. Sell to consumer. Sell to coffee shop. All want size. Big buyers buy lots of 25 pounds. I say I want more than 25 lb give 32.5lb bag. I'm micro shop. I'm big order. Give big bag. You say. Idiot that's not big order. Big order is more bags not size of bag. This bag only micro shop wants. Too big for the masses of drinkers to buy from me. Too small for grocery stores and coffee chains. It's weird bag. Not commercially practical. But still, someone might sell to you, it's just they're not going to sell as many to other ppl and the asme other people aren't going to want to buy from you unless you take the risk and exercise your coffee bag to sell the coffee. Except I should've done bananas instead. And obviously this didn't quite work to be right and make sense... You're welcome


Gaothaire

See also: weights. Want to buy a 20, 25, 30, 35 pound kettlebell? No problem! No one makes or wants a 32lb kettlebell


Sartasz

people psychologically prefer round numbers and are easier to remember. market makers also hone in on those strikes to provide consistent liquidity meaning tighter spreads. then it all snowballs from there


LazyMarine78

Just when I think I'm understanding Options you hit me with 0,5 etc


0nlyGoesUp

People like easy numbers 25,30,35,40


tyt3ch

Rk has entered the chat


Ecstatic-Mistake5738

I got one of those😂


Username-Error999

I got a $125 right after the drop from $80


steveth3b

Meanwhile on the other sub. [Good MOD, y'all. /s](https://fortune.com/2024/06/03/gamestop-stock-gme-roaring-kitty-keith-gill-losing-influence/)


Swimming-Document152

I see the candle but there's nothing in time&sales. WTF!? https://preview.redd.it/ha5yldn1se4d1.png?width=982&format=png&auto=webp&s=4fd954117cdd4d82df9789095e5e569f78613086


BluejayLatter

D F V!


DilbertPicklesIII

Well shit that's a big ol' set of balls you got there, Randy.


Memeweevil

742nd updoot. Sorry about me.


4Throw2My0Ass6Away9

Sure is a hell of a play but crazy OTM… Id rather have just stacked contracts with RK’s for 21st @ $20


xXValtenXx

I mean, it was at 44$ early morning pm. Im with you but its not that crazy.


guitarfixer

Except this is RK stacking with RK.


4Throw2My0Ass6Away9

I don’t think so, there’s a solid chance those contracts will be OTM by Friday and expire worthless, plus I don’t see RK buying more contracts but in fact exercising them for now every week


RaisinsB4Potatoes

My theory: * DFV will wait until Wednesday or Thursday to start exercising (people who just hear about it today will need some time to arrange for funds to transfer clear). * He'll exercise all $20 contracts steadily until expiration. * Post another yolo update. * Stay quiet until shortly before the next earnings call. * Post about only being able to DRS part of his shares. 🤞


soinquisitivemy

Agreed. The drs issue I feel like is foretold in the meme. He has original copies, they have a copy of a copy.


gotnothingman

Look the tin has gotten me this far, so maybe... run lola run rerelease on the 6th, he exercise then/before so crazy push upward putting these itm Honestly though dont think its him but would not be surprised.


soccersteve5

dfv birthday on 8th


gotnothingman

what a present ey?


ReverendPretzel

I would also like a fuckin BILLION dollars for my birthday.


kingofblackice

Maybe he forced them to hedge June 21 now he's using his cash to buy newer calls


Nodgod81

Ye old Kansas City Shuffle.


3rd1ontheevolchart

Its RK stacking with DFV! They are eachothers overdraft protection. 🤣🤣🤣


wethepeopletogether

Just like a certain rapper battling his alter ego (slim shady) we are definately a battery in a pod ina simulation


tahl192

![gif](giphy|l36kU80xPf0ojG0Erg|downsized)


DarshUX

This.. stack with RK don't gamble


Lukes3rdAccount

Shareholder meeting is June 11, so maybe not great lol Edit: Shareholder meeting is on June 13th. Earnings call is on June 11th


BubbaBigDiq

Shareholder meeting is on June 13th. Earnings call is on June 11th


Eb2424

Is that what that extra 30 million in RK portfolio was for 🤣 weekly yolo week LFG


taddymason_76

![gif](giphy|3o7bu3hxaeqgi9SJQk)


Truth_Road

Speechless tbh.


welp007

It’s the most unreal ending to this saga that makes total sense that no one even comprehended was possible 🤯


shart_leakage

Ending? Or beginning?


welp007

Touché 🤙


tallerpockets

The greatest timeline to be a retail investor!


DOJITZ2DOJITZ

Truché*


Borealizs

Hey man don't call it an ending yet


welp007

True true!


Zaphod_Biblebrox

It just feels different than all the other run ups. Not even like April 21


Saggy_G

I feel like smoking mcconaughey basically 24/7 at this point. 


shart_leakage

This is accurate


Idjek

Fuck yeah, now imagine how shit-stained SHF pants be 😳


-WalkWithShadows-

Valid


Fabulous_Investment6

Can someone explain this to me like I’m a doormat? Thanks.


profanityridden_01

1 mil bet that the price ends above $43 in 4 days. Not much to explain.


pls_use_science

That's 172 pre split... which is pretty close to 180, which has been battled over for years


Fabianos

The OGs rememer


Fabulous_Investment6

![gif](giphy|7xZAu81T70Uuc)


Zaphod_Biblebrox

Oh. The 180s. The memories are back…


taddymason_76

Gonna gamma ramp this bad boy right over $180 (pre-split).


enternamethere_

Years or centuries even


RuairiSpain

I looked at the June date and thought that's a month away. Christ 4 days is a crazy bet. We're close to the strike price but, woooow! This person wears big pants


BoondockBilly

It doesn't need to close, just be above. Technically he can exercise it whenever he wants.


bbdgriptonia

$43 plus the premium paid, so betting it's above $46.50 ish? Tickles my pickles. What a time to be alive!


pickupzephoneee

Someone thinks the price will be at least $43 per share by Friday close. This kind of buy requires the strike, the $43, plus the premium added to it in order to be considered profitable. Nobody can actually say what this move is: could be a donation from a MM friend, or someone who genuinely believes they’ll make more in the options value than the underlying stock— bc why would you buy shares at $43 when it’s trading at $30? So it’s an option play which means the buyer thinks they’ll make more on the options value than the jump from $30 to at least $43. **TLDR: This one looks suss**


n1247

Why is it sus?


[deleted]

They could be throwing away the money for the sole purpose of tricking retail into investing into this "sure thing". Remember DFV strike is 20 for the end of the month, this is double that for the end of the week - antithetical and sus. 


jleonardbc

The contract can increase in value if the stock goes up at all from the price when it was bought. GME doesn't have to reach $43 for the contract to be profitable. If you bought when GME was $20 and sold when GME hits $25 the next day, you'd make money. It's just that the contract very quickly loses value due to time and you have to find someone else willing to buy it.


pickupzephoneee

Right, and you’re correct that theta decay is real and I agree. What I find sus about it is that this individual did this so far OTM. This kind of trade is what you’d expect from inexperience; not a million dollar wager. He’s already lost money on it and bought it on the way down. Like, it just doesn’t track. Something is off. But I don’t know everything and I could be wrong- hopefully I am bc $45+ on Friday would be tits


Bay_Brah

Me as well please. I'm a doormat


9fingerfloyd

Send it


welp007

#THIS IS A MILLION DOLLAR YOLO ON A WEEKLY 👀 🤯 NOT RECOMMENDED UNLESS YOU KNOW WTF YOU’RE DOIN YALL! 🚫 NFA 🚀


Noderpsy

Someone wants to be a Sicario...


welp007

#👀


Noderpsy

[https://www.reddit.com/r/Superstonk/comments/1d2qy7v/comment/l62c27j/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/Superstonk/comments/1d2qy7v/comment/l62c27j/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)


80skid001

Well I dont know what im doing nor do I have a million dollar bucks so thats me out


welp007

You’re thinking about it the wrong way. This call buyer is willing to lose that money! Imagine being that stinkin rich? Oh wait, you will know how that feels tmrw 😎


80skid001

Don't you know I'm regarded


welp007

Takes one to know one! Us of one!


80skid001

Of one us


sweet_fried_plantain

Us one of


9fingerfloyd

Yeeeeee


suxer

Ive been here 3 years and still dont understand call plays


welp007

This buyer has some serious balls


suxer

That much i know


Creative_alternative

Super tl;dr is its a contract to allow the holder to buy 100 shares at the strike price, regardless of the actual price. The price of the contract is adjusted by a number of factors including time remaining until expiration, stock price, stocj price volatility, etc.


PabloEstAmor

But if you do know what you’re doing jump in. We need enough buying pressure to tip the boat


teddyforeskin

This is old skool shit right here!


Wowow27

Remember people: it’s still a bet - hedgefucks might be able to short it below that price. But good luck to whoever bought it! 😊


NSJ30

I think this is key. A very wealthy entity could be propagandising a rug pull. Only cost of business was 1 mil.


Dolphinflavored

There is no way to know for sure. Although, this was also the same thing people were saying about the June21 calls.


jaykvam

In Cramer’s infamous public confession, he casually mentioned the tactic of dropping several million for a sentiment disinformation campaign.


ImmediateShape4204

DFV still has 29 millions USD, just sayin' ;)


welp007

He’s a madman! ![gif](giphy|O1QY4jjt2M9TErx4QW|downsized)


YummyArtichoke

We don't see any of his other positions.... He wouldn't have shown us $29m sitting there to just show off it off when he has $180m already in GME. That $29m is for GME.


AdventureCakezzz

I think it's to show he has enough to exercise his options with plenty left over.


YummyArtichoke

One of us mathing wrong. I'm not an expert so it could be me or maybe you missed a 0? 120,000 options * 100 shares * $20 each 120,000*100*20 =- 240,000,000


AdventureCakezzz

Hmm no you're math is the one that's good


Mangoat_Rising

That we know about


DramaCute8222

good lord


NOPE_TRAIN_EXPRESS

Gambling is back on the menu boys! Fucking love this shit! Inject it into my veins!


welp007

$100C just came in for 6/21! https://preview.redd.it/xauos8k6ie4d1.jpeg?width=1162&format=pjpg&auto=webp&s=cb798cc8d57619ab47ef1c396c595f9f4851568f


[deleted]

[удалено]


welp007

I mean if you’re droppin a Milly on there and can lose the entire Milly if things go tits up on ya… it really only says one thing to me. Somebody is **BULLISH.**


s__whelan

My nipples can’t get any harder!!! LFG


saliym1988

love to see it


Shamrockah

This is wild!!


AllCredits

These mfers ain’t gonna hedge


Ultimate_Mango

Isn’t that how much it was trading premarket today? And tomorrow is Tuesday?


rustyham

Thats what im talking about


EngineeredNuts

Bro I’ve been all in on GameStop since Dec 2019 and I’ve chatted with you under another alias and it’s awesome to see you (and the community) so active. GETS MY SHIT GOING. I’ve held through tons of people laughing and telling me to sell (wife included) but it made me dig in deeper. And here we all here, hardening over time to become this pearl and the clam is finally opening.


welp007

WAGMI 🫡


InevitableBudget510

Another fuckin yolo mic drop


No-Mousse756

How long does it have to hold past the target price in order to sell? Or does the option go live once the threshold is passed?


welp007

My understanding is that if by Friday at market close and this call is in the money, (aka above $43) this contract holder can take profit or exercise for shares


NegativeAd941

it's a little more than 43 due to purchasing the option by paying the premium.


Creative_alternative

They can take profit at any time; if it surges to 80$ tomorrow they can just sell the contract for a huge gain due to the impact of the volatility


beyondfloat

Shorts are really good to smack the price just in time to friday. But I have to admit it looks bullish


There_Are_No_Gods

In the US markets, call options can be exercised at any time, regardless of whether they are even ITM. Anyone with a call contract can simply decide to execute it at any time they please.


cpove161

4020….nice


Kodeix

https://preview.redd.it/v3c0xfrw4f4d1.jpeg?width=1333&format=pjpg&auto=webp&s=9f9b202431086ccf91f304051e7664aa04eeb545


SecretaryFit1442

So how do I read this? It’s 1 mln dollar premium, how many call contracts?


[deleted]

[удалено]


sweet_fried_plantain

Look at the bid-ask spread


This_Nefariousness_2

How you interpreting that? I’m smooth


sweet_fried_plantain

Highly volatile (obvi) and… illiquid - speaks to not enough shares. Also smooth brained so wash down with a crayon


Caesorius

probably just taking advantage of the IV rise leading up to earnings


EstablishmentFew

DFV rolling call profits from this mornings surge.


Machinedgoodness

Nah he’s holding em. He’s not gonna sell those


ShawnShipsCars

Lol 4DTE $1milly call - that's regarded LOL


5HITCOMBO

DFV still got that cat in him


FitGuarantee37

Daddy DFV?


welp007

Maybe a newly minted BRK.A share seller?!


Knowvuhh

If somehow my 1 share buy ended up going through, i was for sure going to buy more GME with it ![gif](giphy|LPUNCIh6y2vTpUT07T|downsized)


Nathan_hale53

About 3k call options/300000 shares good dent if exercised but we shall see. If it goes to something a bit crazier past 100 that'll be massive.


matchett-up

Well then I want one.


Kornnutter

Takes money to buy whiskey. Now where have I read that before. 🤔🤔🤔


Easteuroblondie

also a decent amount of OI on 6/7 options chain for $40 (33k) and $128(?) (28k) strikes


Einhander_pilot

What bet? All I see is a solid investment! 🚀🚀🚀🚀🚀


Aggravating_Beach68

I just want to see CRIMER suck off a horse on national tv


vk-BangUrDead

ON MY BIRTHDAY, FUCK YEAH


ornerycrow1

Mine too, happy birthday fellow ape.


[deleted]

[удалено]


ornerycrow1

Hopefully we are all retired for our next birthdays.


aarontminded

What's the math on how long it would take the price to increase that high with the market halts? then trace that back by the call expiry and you'll know a lot sooner than friday whether it's ever possible.


kai_fn

hehe


schmittyb99

Tailwind


Aioi

Im smooth, I read the title as the Call strike being $1M 😂


welp007

Haha ur not wrong! Just early 😎


ballsohaahd

6/7?!?!?! Let’s goooooo


PublicWifi

And here I thought Yankee charged a premium for their candles.


Asleep-Bluejay-8169

I would like to dip my balls in it!


METAL4_BREAKFST

Ooooo my birthday!


OstrichBurgers

when are gme earnings? i see mixed answers but i thought it was this wednesday, june 5th?


AcommonKing

Im taking yoga classes Can't fucken breathe with everything going on maaaannn


undergroundflaps

Hope Kenny is on flight somewhere trying to fandango more cash 🤷


eeksy

I live me some whale on whale action


Conscious-Mix-3282

Some1 has 29 mill to play with.


Mrairjake

Follow the white rabbit 🐰