Played the AMC stonk

Im letting these call options i bought at $13, $14, $15, $20, $25, $35 and $45 run until this motherfucker squeezes. I placed them all way out into September or December. Have 370 shares ( exercised 3 contracts in the money on Wednesday)
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squeeze hasn't happened?

I thought the squeeze got us to where we are
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Naw they haven’t covered yet and there’s naked shorts that have gone unreported. Melt up was strictly based on consumer demand.

In other note made some good on $WYNN $SPY and $CLOV options calls today. Made some money from a $GTT put option. Monitoring $sens $leds $anvs and $ally
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Could this get over $100?
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Yes, if there is as many naked shorts as believed to be.
 
Im letting these call options i bought at $13, $14, $15, $20, $25, $35 and $45 run until this motherfucker squeezes. I placed them all way out into September or December. Have 370 shares ( exercised 3 contracts in the money on Wednesday)
Click to expand...

squeeze hasn't happened?

I thought the squeeze got us to where we are
Click to expand...

Naw they haven’t covered yet and there’s naked shorts that have gone unreported. Melt up was strictly based on consumer demand.

In other note made some good on $WYNN $SPY and $CLOV options calls today. Made some money from a $GTT put option. Monitoring $sens $leds $anvs and $ally
Click to expand...

$sens for puts btw.
 
We got a gamma squeeze during the melt up with so many calls going into the money + demand.
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Why do I feel like you're talking about a gamma squeeze without understanding what it is
 
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Short interest on AMC now down to 11% or something...it’s strictly the algorithms and high-frequency and day traders piling on the back of the Reddit crowd. Can’t picture any of them sticking around for a long period of time but assuming the craziness could continue for a little while.
https://twitter.com/hedgeye/status/1401270600870645760?s=21
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There's little to no short interest on AMC. Karen Finerman worked the phones yesterday and found ample supply to borrow for shorting from Goldman and Morgan Stanley and quoted interest rates between 1% to 7%.

 
AMC is going to get to $100

Hurts my heart to see GME back at $300. Cost basis was $30 and sold during the crash at $88 to salvage something. Was up 100k on a ~8k initial investment
 
Some enjoy the casino.

I bought SYY and NYCB this week. I prefer investing.

#tortoise
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I got a fuck ton of free capital (taxable ofc) to invest with! Im a broke college kid so this actually gave me a head start!
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I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.
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I know. I turned ~ 8.5k into 48k+ through dogecoin, various cryptos, gtt options calls and amc. Im doing well. Probably going to get into some blue chips when i feel they’re being undervalued. Im in some ETFs and nvidia (cant wait for the split).
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I'm in the NVDA and it's jumped $100 in 4 weeks with people talking about $1,000 price targets.
 
Some enjoy the casino.

I bought SYY and NYCB this week. I prefer investing.

#tortoise
Click to expand...

I got a fuck ton of free capital (taxable ofc) to invest with! Im a broke college kid so this actually gave me a head start!
Click to expand...

I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.
Click to expand...

I know. I turned ~ 8.5k into 48k+ through dogecoin, various cryptos, gtt options calls and amc. Im doing well. Probably going to get into some blue chips when i feel they’re being undervalued. Im in some ETFs and nvidia (cant wait for the split).
Click to expand...

I'm in the NVDA and it's jumped $100 in 4 weeks with people talking about $1,000 price targets.
Click to expand...

View attachment 9953
I'd take profits at $850 or sell ATM or ITM calls.
 
I don’t care. Money is money. Market fundamentalists are weeping.
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As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

The real value is that you're learning to invest and play the game at a young age.
 
I don’t care. Money is money. Market fundamentalists are weeping.
Click to expand...

As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

The real value is that you're learning to invest and play the game at a young age.
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I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
 
AMC is going to get to $100

Hurts my heart to see GME back at $300. Cost basis was $30 and sold during the crash at $88 to salvage something. Was up 100k on a ~8k initial investment
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Yea?
 
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