You got it backwards mate. There’s a lot you are not seeing. All you are talking about is the far OTM calls and then you say “this is dead”? Go look at next weeks $22c and $26.50c OI….the reason those far OTM were even up and the IV was off the charts has a lot to do with delayed share delivery. Today or yesterday was supposed to be the delivery of a huge number of previously FTDs from may. That didn’t happen now gme will go on the threshold list. This play isn’t like any other options play out there you can’t apply fundamentals or any logic to this stock it’s run by algorithms and synthetic FTD share cycles
I think you're misinterpreting what I meant by "this is dead" - on a relative basis, there's a broad flattening of the IV curve (which is really high still but very low compared to recent GME levels). Literally nothing about GME is "dead" IMO, poor choice of words on my part if it's being interpreted that way. Thanks for the comment
I like this channel I been watching the past week or so you’re honest and give solid takes. Especially Holloway vs gathje 💪🏾 loved the reference keep doing your thing bro I’ll be watching the channel god bless you 🙏🏽
I’m definitely looking 8/16c hopefully a flat week next week should bring down IV so I can start buying… sell those OTM weeklies calls to pay for them for the next month
Ain’t no announcement coming except possibly more share offerings. Kitty knows what’s coming as do many now….follow the FTDs, settlement dates and cycles 😉 . Also…we don’t talk about BRNO…do some DD
Thanks, interesting analysis. Let’s see how it goes over the next couple weeks. Any sense of where the price of most resistance is on the underlying shares?
Good stuff. I love this whole re-awakening of DFV since late April. I think that, unless he changes his MO, I might have a chance of spotting his next play. Of course it could be another 3 years, but watching call volume for the monthly expirations only takes a minute a day.
This guy should’ve been coaching the 🐈 on his posts, unfortunately the 🐈⬛ ate crow! Orrrrrrrrrrrrrrrrrrr did the 🐈 stage the whole thing for GME to gain billions on the average trader 🤔🤔🤔, see you in 3 years 🐈⬛
Hang in there. Kitty is helping us you just gotta be patient..it’s coming. What we have to watch out for is Cohen dropping another share offering when we go. He killed the rocket last time I’m very weary of that guy moving forward
