They are crazy expensive because that's what the hedge fund has to buy to unwind

Sign up, and you'll be able to customize your font size and more! Sign up

Report problem with this ad

Jan 22, 2021
1:57:35pm

RexIdaCoug All-American

They are crazy expensive because that's what the hedge fund has to buy to unwind

It's position. The hedge funds are in a tough spot and it is fun to watch.

Report problem with this ad

RexIdaCoug

Bio page: RexIdaCoug
Joined: Nov 17, 2006
Last login: Apr 23, 2024
Total posts: 17,334 (2,309 FO)

Report problem with this ad

Messages

Author

Time

The GameStop frenzy is crazy right now.

crazY

1/22/21 1:45pm

Pure nonsense

Indy Coug

1/22/21 1:46pm

Absolutely. But big money for those that bought and held back in July.

crazY

1/22/21 1:50pm

What's the justification for a Brick and Mortar who sells digital products?

SpecialT

1/22/21 1:49pm

r/Wall Street Bets is driving the madness. There is no justification.

crazY

1/22/21 1:50pm

Anger. The Reddit WSB group decided to stick it to some hedge funds who were trying to profit off shorting GSE

HuskerFan2

1/22/21 1:55pm

I doubt that is moving the needle.

Hsaru

1/22/21 1:55pm

They've actually been called by members in the financial media more impactful

CougarTailDevourer

1/22/21 1:59pm

Go take a look at what is happening with BB and PLTR

1/22/21 3:02pm

Don't underestimate the power of

Psalm Trees

1/22/21 2:09pm

Gamestop is the new bitcoin

Blueto

1/22/21 1:51pm

Yeah, puts are crazy expensive right now. I thought about buying some but it

CougarTailDevourer

1/22/21 1:52pm

They are crazy expensive because that's what the hedge fund has to buy to unwind

RexIdaCoug

1/22/21 1:57pm

It depends on how you strategize, I guess.

crazY

1/22/21 1:57pm

I mean, you could buy puts with a short expiration date or way out of the money

CougarTailDevourer

1/22/21 2:03pm

Or do an expiration date far out and sell after the risk premium rises.

crazY

1/22/21 2:12pm

That's true. I was just thinking about the current premium price. Good tip.

CougarTailDevourer

1/22/21 2:16pm

Ultra risky but fun when it pays off.

crazY

1/22/21 2:37pm

Securities finance desk can't find ANY shares to short. LOL.

grosven

1/22/21 1:52pm

That's why it's a good time to buy. No shorts and the hedge funds are screwed

RexIdaCoug

1/22/21 1:58pm

Cool to see Michael Burry continue to torch simps. I'm not a buyer here.

grosven

1/22/21 2:02pm

Historic Short-Squeeze Sends Gamestop To 8-Year Highs After "Angry Mob" Attacks

byuwahoo

1/22/21 1:55pm

We’re all finally getting the money from GameStop that we never got on trade ins

1/22/21 2:09pm

I owned it at $17 and sold it 2 days later for a 60% gain back in the summer, I

SnickSnack

1/22/21 3:26pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad