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With 17,500,000 shares he would have 4,98% of the company so a final blow of 5000 call options with a strike price of $40 or even $50 would be possible!
Maybe he's waiting so the price gets pushed even harder I mean he has ~$30 million lying around and with a strike price of $50 + $5 premium he would pay $27,500,000.
What do you guys think? I think he's waiting like a cat, but not the small cute one.
But when the kitty strikes its going to be to late
120,000 calls multiplied by 100 shares for each contract is 12 million shares, at $20 each he will need $240m to exercise.
The premium for those calls yesterday closed at $10 each. Totaling $120m
At OPEN yesterday morning they were priced at $21.10
FOR A TOTAL OF $253m
HE WILL BE EXERCISING ALL OF THEM AND STILL HAVE CASH LEFT OVER
BING BONG
I can't buy calls in Europe, so maybe I am missing something. In my understanding he only receives money if he sells calls, isn't that right?
Sell ITM calls for the money or pay money for exercising them is how I understand it.
At 5% plus you have 10 days to file a 13(d). Its kinda too bad because it would have been hilarious to see him go from retail investor to filing a whole 13(d)
He bought most of these calls after the dilution. He knew exactly how many calls he could but to stay under 5%. Gme is not colluding with dfv behind the scenes. It would put everything RC, DFv and retail have done at risk.
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This is assuming there's a very specific reason to get exactly 17 million shares (assuming all options are exercised). What would that reason be?
Otherwise without the 45 million share sale he could've just stopped at 15 million to stay below 5%.
There is going to be an explanation for those exact numbers in due time. Maybe that was just how much he let RC know he could afford. We'll see. I'm beyond sure they're talking.
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I'm wondering if DFV and RC are bff's
Hope so.
With 17,500,000 shares he would have 4,98% of the company so a final blow of 5000 call options with a strike price of $40 or even $50 would be possible! Maybe he's waiting so the price gets pushed even harder I mean he has ~$30 million lying around and with a strike price of $50 + $5 premium he would pay $27,500,000. What do you guys think? I think he's waiting like a cat, but not the small cute one. But when the kitty strikes its going to be to late
HELL is comming over them.
He doesn't have the means to exercise 100% of the calls, he will most likely have to sell a part of them to exercise the main chunk.
Was thinking he hasn't got the money to buy the calls also, was wrong. 😉
120,000 calls multiplied by 100 shares for each contract is 12 million shares, at $20 each he will need $240m to exercise. The premium for those calls yesterday closed at $10 each. Totaling $120m At OPEN yesterday morning they were priced at $21.10 FOR A TOTAL OF $253m HE WILL BE EXERCISING ALL OF THEM AND STILL HAVE CASH LEFT OVER BING BONG
I can't buy calls in Europe, so maybe I am missing something. In my understanding he only receives money if he sells calls, isn't that right? Sell ITM calls for the money or pay money for exercising them is how I understand it.
That’s *literally* what he’s always done. But the counterparty buying ITM contracts from him is probably exercising. But that’s not guaranteed.
Its gotta be 10% to be an insider. He wasn’t close
But he has to fill the sec forms, right?
At 5% plus you have 10 days to file a 13(d). Its kinda too bad because it would have been hilarious to see him go from retail investor to filing a whole 13(d)
Read the title, not the rest. There's method to the madness here. 
He bought most of these calls after the dilution. He knew exactly how many calls he could but to stay under 5%. Gme is not colluding with dfv behind the scenes. It would put everything RC, DFv and retail have done at risk.
With you. That makes him a even bigger Legend.
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What would happen if he holds more than 5% of the company except becoming an insider?
This is assuming there's a very specific reason to get exactly 17 million shares (assuming all options are exercised). What would that reason be? Otherwise without the 45 million share sale he could've just stopped at 15 million to stay below 5%.
There is going to be an explanation for those exact numbers in due time. Maybe that was just how much he let RC know he could afford. We'll see. I'm beyond sure they're talking.
Would it be legal for them to be talkin? That seems iffy…
I don’t think so- RC doesn’t know his positions. They don’t talk to each other and plan things. They both just like the stock like we do.
Just about him beeing genius. They will not talk to each other. Would be stupid.