GME Shenanigans Massive June call position

Discussion in 'Options' started by FSU, Jun 3, 2024.

  1. wxytrader

    wxytrader

    LOL I just saw this...everyone already asking about it.

    "Open interest data is published at the end of each day. Additionally, every Friday afternoon, the CFTC publishes a report called the Commitment of Traders. This report details open interest from different classes of market participants and whether they are holding a long or short position."

    $GME#GME HUGE UPDATE: DFV MAY HAVE EXITED HIS 20c's AND THERE IS STILL A HUGE POSITION AT 40c CALL YOUR MOM NOW!!!

    [​IMG]
     
    Last edited: Jun 12, 2024
    #141     Jun 12, 2024
    TrailerParkTed likes this.
  2. maxinger

    maxinger

    As of now, the chances of GME going up significantly is quite slim.

    Roaringkitty has to come up with creative ways to move the market up massively just before
    21 Jul options expiry date.

    Roaringkitty is a smart investor.
    If he were a day trader, he would have been a billionaire by now.
     
    #142     Jun 12, 2024
  3. wxytrader

    wxytrader

    Oh so you guys are doing technical analysis now? :)
     
    #143     Jun 12, 2024
  4. wxytrader

    wxytrader

    I could see this going to $38 if it respects the triangle. Money to be made in this high volatility...why not keep the party going? lol
     
    #144     Jun 13, 2024
  5. wxytrader

    wxytrader

    upload_2024-6-13_5-55-40.png

    From 166k OI to 112k OI. Somebody unloaded 54k contracts. Is volume calculated by closing a contract is 1 or is closing a contract 2 because you are selling and someone is buying? The volume was 93k...if you have more volume than OI changed what's that mean??? Somebody decipher this! :)

    166k contracts opened
    54k contracts closed
    Volume = 93k
    OI = 112k

    Ok so we know 54k of the volume was closing contracts, so that leaves 39k of the volume unaccounted for...?
     
    Last edited: Jun 13, 2024
    #145     Jun 13, 2024
  6. mervyn

    mervyn

    did you get out?

    theta is kicking in fast 2 weeks prior the expiration.
     
    #146     Jun 13, 2024
  7. wxytrader

    wxytrader

    Never! Diamond hands baby lol. No seriously, I'm holding shares so not concerned about theta. No stops! At this point even if they went bk I'd still be at a break even. :)
     
    #147     Jun 13, 2024
  8. wxytrader

    wxytrader


     
    #148     Jun 13, 2024
  9. mervyn

    mervyn

    meager shares don't count, not going to make you headline
     
    #149     Jun 13, 2024
  10. wxytrader

    wxytrader

    upload_2024-6-13_8-42-41.png

    Why doesn't IBKR just have 8251 for OI instead of 8.25K??? They are taking up 5 characters instead of 4 just to be more confusing. :)


    Anyway it looks like 30 is the new 20...for Jun21. Looking at Unusual whales if my math is correct the OI for the Jun21 30 calls has increased by over 30k.

    upload_2024-6-13_8-55-54.png
     
    Last edited: Jun 13, 2024
    #150     Jun 13, 2024