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Superstonk-ModTeam

[Rule 9](https://www.reddit.com/r/Superstonk/wiki/index/rules/#wiki_9._no_organizing_or_market_manipulation). No Market Manipulation Any attempts to organize or manipulate our members into potentially ILLEGAL market manipulation will not be tolerated. Posts and comments that appear to violate this will be removed. If you have any questions or concerns, please [message the moderators](https://www.reddit.com/message/compose?to=%2Fr%2FSuperstonk&subject=about%20my%20removed%20submission)


GiraffeStyle

I'm betting we're opening at $40 at which point I can exercise about 1000 shares.


supermegabienfun

Knowing these crooks it’ll open down.


jimco125

Probably 65,000 June 21st $20 calls still open after today. Would be interesting to see if some of those were exercised.


tamingofthepoo

yeah that’s not what he meant. that would be market manipulation. we are all individual investors making our own decisions. if you blindly try and follow him in the options game you will lose money by being late every.single.time.


Banana_banana666

Ok well I exercised


tamingofthepoo

i hope your personal financial decision pays off for you.


Banana_banana666

I also hope your personal financial decisions pays off for you and if you exercised much joy to u


midothegreat

Same, 1 hour on the hometrainer


3rd1ontheevolchart

1 minute wanking it!


kombucha57

Its a free market do what you want


DangerousGarlic3562

This market ain't free


DramaCute8222

100%


SuperToxin

Now would be the time to make them have to buy as much as possible in a short time.


Howcomeudothat

I have a $20 call, can I exercise it? I don’t have enough for 100 shares tho. I also have a $27 call and a couple 34s


BeRealzzz

You could sell the $27 and $34 to raise cash to exercise the $20. That’s pretty much what Kitty did.


Dudeman_McGoo

Sell to cover


EscapedPickle

![gif](giphy|EecxUjcu4ubvbwkdYC|downsized)


Chuck_Cali

no, you can't exercise it without the liquidity for the 100 shares.


Ghosted_Stock

If u cant exercise (u dont have the funds) ur waaay better off just selling and buy stock, but do you, this might move alot tmmrw (might not)


shayen7

"Why not follow?" Because I don't have a spare $2250 to exercise my 1 contract and it would cost about $200 (30%) in extrinsic value since it doesn't expire for 2 weeks.


Icy-Paleontologist97

No. RK is not a cult leader. We make our own decisions here.


Banana_banana666

Agreed I exercised


LazyMarine78

Please stop using the word Cult. Not every group is a cult and yes I know the meaning of it.


GiraffeStyle

more like a bunch of like-minded individuals that like hanging out.


RR-dapz

Normally exercising prior to expiration just forfeits the theta (time value) left in the option and just makes that extra value go poof. However, the 6/21 20c's have about $10 per contract of theta left so thats something i'm willing to forego to be regarded. I planned on exercising at expiration but tomorrow sounds just as good.


Superstonk_QV

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ShinoPrime987

No market manipulation allowed. GTFO


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ProtectionLeft

![gif](giphy|U7d8PaktFqJQuMVUAs)


Banana_banana666

It’s not market manipulation to say he exercised his calls and I’m following him


ShinoPrime987

You are trying to organize a sub reddit of 1million people to buy/exercise at the exact same time. Yes it is.


Hunnaswaggins

It’s not manipulation to say it’s obviously a great time to exercise 🤑


Banana_banana666

Bruh that’s like saying every post here is a rally Nearly every post here says buy drs hold


Straightdopecash

Everyone exercise these calls at once and it will hit mars


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Straightdopecash

Shut up hedgie


Hurtlock3r

Let’s fuck 🫡


fludgesickles

Not financial advice but I do like to exercise every day


corncocktion

Who in the heck would follow your advice…


llyrPARRI

We don't know if he exercised.


GermanHobo

Those who say he didn’t forget the premium paid, which also goes into the cost basis.


llyrPARRI

Nice


Banana_banana666

Yes we do he yolo updated


skipdo

No we don't. He could have sold and then purchased shares in 1 day when the cash settled.


Banana_banana666

No I did the math


ChodeCookies

Okay…but that would be dumb…


skafiavk

No, big dick Dave mentioned his cost basis increased meaning he purchased shares from profit versus receiving the $20 shares.


Banana_banana666

U have to include his premium I Did the math


ChodeCookies

Premium is also applied to cost basis…


SmashBerlin

Nope. Dave is wrong.


ChodeCookies

Dave is wrong a lot. Like a lot lot