GME up over 100%.... what is going on now?

Discussion in 'Stocks' started by Saltynuts, Feb 24, 2021.

  1. donnap


    Compromised a bit here. Completed the 6/25 200/190 bear put spread for 3.90

    That's it for me.
    #991     Jun 16, 2021
  2. traider


    leg into the call vertical at a favorable price so you have a good IC
    #992     Jun 16, 2021
  3. donnap


    Well that'd be OK, but this a directional trade.

    I'll be looking for some hedging below 200. Otherwise....
    #993     Jun 16, 2021
  4. KCalhoun

    KCalhoun Sponsor

    Not a trade recommendation but if I were swingtrading GME I'd short tf out of this pos at 207 & 197 cover stop 210 target 160

    Currently at 213 prefed 1pmET
    #994     Jun 16, 2021
  5. donnap


    Out this one for 7.50. Lousy leg out. +100
    #995     Jun 21, 2021
  6. Tavurth


    #996     Jun 22, 2021
  7. donnap


    Leg out this one for 2.20 yesterday at around 11am EDT. -170. I was fortunate to get this much out of it.

    Roughly -80 overall.

    Teaser trade with GME barely dipping below 200 twice. First time, Monday, the spreads had an OK little profit.

    This is my fourth GME trade. The front week options, while still having large volumes, did not seem to have the same "in play" fills as with previous trades.

    Wide B/As and intraday IV fluctuations made getting prices challenging and time consuming.
    #997     Jun 26, 2021