Those puts have got to be expensive right? Even /r/wsb switched to shares because premiums were so high.
Re:The Battle of GameStop
by ALittleLight on Tuesday January 26, 2021 @02:10PM
(#25919902)
Yes. I suppose time will tell if it was a good bet or not.
Personally, I'm buying in the money puts expiring in 2023. No way Gamestop is doing better now, or has a better future now, than it did five or ten years, yet their stock's at an all time high? These hijinks may continue for some time, but I doubt it'll last years, price will settle and I'll hopefully make a modest profit.