GameStop Is Rage Against the Financial Machine

Re:GameStop Is Rage Against the Financial Machine by fny on Wednesday January 27, 2021 @06:43PM (#25935764)

Just buy an lower priced call as a hedge to define your risk. If you get assigned you could land a pile of GME that goes to zero.

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Re:GameStop Is Rage Against the Financial Machine by base698 on Wednesday January 27, 2021 @08:13PM (#25936788)

No one is dumb enough to sell a call. Apparently we found one guy.

Opening a spread would make you a ton of money for sure, but seems unlikely one would be sold.

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Re:GameStop Is Rage Against the Financial Machine by dmurray on Wednesday January 27, 2021 @07:57PM (#25936651)

That would give him a bull position and cost money, which probably is not what he had in mind.

Perhaps you mean he could buy a higher priced call.

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