1 Invests/trades them and gains more, the master praises him.
1 Invests them and gains more, the master gives the same praise.
1 hides them out of fear (calling the master "a hard man") and in the end has the same amount that was given to him. The master calls him "wicked and slothful/lazy", takes his away and casts him into outer darkness.
$AMC - The calm before the storm -- and Calls still stacking. $3.50 is definitely the pivotal point to break. There is still not a complete dumping of ITM/OTM Puts, but if AMC can manage to close positive today, we may start to see Puts closing which will mean it's game on for the $3.50 range.
Max Pain this morning is $2.50.
$GME - Also another calm before the storm -- I see day over day change very balanced but still focusing on a neutral ground of $26. As of the writing of this we are already seeing price above $26.50, each strike price above that neutral ground is pain for somebody. Speaking on pain, Max Pain for GME this week is currently at $25, so somebody is getting hurt already.
For reference, when I see % day over day increasing on ITM Puts like we saw back on the 15th (see link below) it looks like bets are being made that price is about to fall. Sure enough the price fell over 3% the next day and we saw those positions close, then price resumed moving upwards.
There is always ebb and flow (range) within a directional price trend. Losing sight of that disadvantages investors seeking to find discounted entry/exit points in trades.
xitter.cf/amkcshaw/status/211109…
$AMC - This, this is just beautiful. The wall at $3 still exists, but notice the bigger wall building at $3.50...upwards and onwards. Still a lot of ITM buying of puts which leads me to believe a sharp movement down before the up.
PSA: if you have $GME warrants ($GME-WS), please make sure and contact your broker asap to see what options you have and until when those options are granted to you.
As a side note. 59,153,963 warrants distributed and the price is now around $1. That’s an insanely low price to buy them all.
I’ll be surprised but admit I was wrong. I don’t think Ryan Cohen has any intention in extending the warrants.
If GME receives $1.9B from exercised warrants and retail shareholders have expired warrants reporting in their accounts it sets precedent for litigation for all parties involved.
This is where we will get discovery. You can’t possibly understand how large and valuable that discovery will be, or maybe you can.












