$AMC Entertainment (AMC.US)$ In my opinion I think the reaso...
$AMC Entertainment(AMC.US$ In my opinion I think the reason why Amc has more green than other memestocks, is because other memestock investors don't abuse options like Amc investors do! Buy shares people!!!
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MuscMoo : I respectfully disagree. I think the real reason is that they have the most risk with AMC and therefore their Algos make sure it stays as tight as possible
Chazzy : buy both fuck it, we need both to get moving with the technicals, gamma will be what starts the rip when it turns around and I think we are close to that
Black Star OP Chazzy : See only people who know how to play options should. People buy fat OTM options and just lose the premiums
Chazzy Black Star OP : I agree
Black Star OP MuscMoo : Yeah which makes no sense as to why people are buying far OTM options.
MuscMoo Black Star OP : that i def agree with. have to stay itm with options on this. anything else is like trying to time the market
MuscMoo : *deep itm
Chazzy MuscMoo : gamma is caused by itm exercises along with slightly out the money going in regardless of exercising for those because they have to still hedge for them.
I got a ton of 15$ for September and I'm going to exercise them with money on the side and the money I make when this runs to 25-35 in the coming months.
Chazzy MuscMoo : gamma ramp will probably start after the 15th this month, I don't see them letting it do much before then
MuscMoo Chazzy : yeah I'm just a little skeptical because I bought some options like 6 months ago and theta really killed them before I let them hit their stop loss......
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