Played the AMC stonk
Comments
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I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.backthepack said:
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!HHusky said:Some enjoy the casino.
I bought SYY and NYCB this week. I prefer investing.
#tortoise -
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).HHusky said:
I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.backthepack said:
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!HHusky said:Some enjoy the casino.
I bought SYY and NYCB this week. I prefer investing.
#tortoise -
I think I’m jumping in tomorrow after this little dip
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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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From sleeping on couches to investment adviser to the Olds. What a long strange trip it’s been for Fudgie.
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I’m glad to see you can afford a phone charger.backthepack said:
Sold off 13.5k earlier today and put 5k into cardano butGreenRiverGatorz said:
If you're going to pop off about those kind of gains then we're going to need to see screenshotsbackthepack said:I’ve made 48k off AMC...
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squeeze hasn't happened?backthepack said: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)
I thought the squeeze got us to where we are -
Naw they haven’t covered yet and there’s naked shorts that have gone unreported. Melt up was strictly based on consumer demand.greenblood said:
squeeze hasn't happened?backthepack said: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)
I thought the squeeze got us to where we are
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 -
Could this get over $100?backthepack said:
Naw they haven’t covered yet and there’s naked shorts that have gone unreported. Melt up was strictly based on consumer demand.greenblood said:
squeeze hasn't happened?backthepack said: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)
I thought the squeeze got us to where we are
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 -
Yes, if there is as many naked shorts as believed to be.greenblood said:
Could this get over $100?backthepack said:
Naw they haven’t covered yet and there’s naked shorts that have gone unreported. Melt up was strictly based on consumer demand.greenblood said:
squeeze hasn't happened?backthepack said: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)
I thought the squeeze got us to where we are
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 -
$sens for puts btw.backthepack said:
Naw they haven’t covered yet and there’s naked shorts that have gone unreported. Melt up was strictly based on consumer demand.greenblood said:
squeeze hasn't happened?backthepack said: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)
I thought the squeeze got us to where we are
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 -
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 isbackthepack said:We got a gamma squeeze during the melt up with so many calls going into the money + demand.
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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.
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My buddy works at Hedgeye. Love their stuff.HoustonHusky said: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.
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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%.HoustonHusky said: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.
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I saw somewhere it's around 21%HoustonHusky said: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.
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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 -
Cause im backthepack?Sources said:
Why do I feel like you're talking about a gamma squeeze without understanding what it isbackthepack said:We got a gamma squeeze during the melt up with so many calls going into the money + demand.
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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.backthepack said:
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).HHusky said:
I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.backthepack said:
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!HHusky said:Some enjoy the casino.
I bought SYY and NYCB this week. I prefer investing.
#tortoise -
BleachedAnusDawg said:
I'm in the NVDA and it's jumped $100 in 4 weeks with people talking about $1,000 price targets.backthepack said:
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).HHusky said:
I wish you good luck. But I’ll remind you that you have oodles of time to let things grow.backthepack said:
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!HHusky said:Some enjoy the casino.
I bought SYY and NYCB this week. I prefer investing.
#tortoise
I'd take profits at $850 or sell ATM or ITM calls.
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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.backthepack said:I don’t care. Money is money. Market fundamentalists are weeping.
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’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.UW_Doog_Bot said:
As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.backthepack said:I don’t care. Money is money. Market fundamentalists are weeping.
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. -
Bought back in on AMC @ $49.30. Let's see if I can make a quick $3-4 a share by the end of the day.
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Sold at $51 and change. Not much, but it pays for a nice meal out.BleachedAnusDawg said:Bought back in on AMC @ $49.30. Let's see if I can make a quick $3-4 a share by the end of the day.
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Bought the dip
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Yea?PostGameOrangeSlices said: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 -
I think sodirtysouwfdawg said:
Yea?PostGameOrangeSlices said: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 -
I’m holding then…PostGameOrangeSlices said:
I think sodirtysouwfdawg said:
Yea?PostGameOrangeSlices said: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 -
A nice summer salad with crisp green apple slices, blue cheese crumbles and candied walnuts and an oaky Chardonnay? That’s a nice meal defined.BleachedAnusDawg said:
Sold at $51 and change. Not much, but it pays for a nice meal out.BleachedAnusDawg said:Bought back in on AMC @ $49.30. Let's see if I can make a quick $3-4 a share by the end of the day.
