I'm officially a meme stock trader now, to the moooooon
My first ever meme stock bet ![]()
Despite knowing it is overvalued. Despite knowing the liabilities is way too high. Despite knowing the cash burn rate is way too high. Despite everything in my bones saying NOOOOOO. I still bet that $Bed Bath & Beyond Inc(BBBY.US$ will go up and apes will say "because I like the stocks" ![]()
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The IV of 200% is just tooooooo hard for the tetha gang in me to resist.
Position
Sold 5 PUT options at a strike price of $4 for $55 each. I'm keeping the $275 (13.75% gains) regardless. But if on 18 Nov, the share price of $Bed Bath & Beyond Inc(BBBY.US$ is above $4, I don't need to buy 500 shares at $4 each. So hope the apes will do your thing and bring it to the mooooonnnnnnn ![]()
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![I'm officially a meme stock trader now, to the moooooon](https://sgsnsimg.moomoo.com/feed_image/101592816/1ecf18a011dc382eba372412d6885e7f.png/bigmoo)
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ButterBull : Welcome
Cordy720 : welcome to the team!
doctorpot1 OP ButterBull : see you on the moon captain ape![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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doctorpot1 OP Cordy720 : hope the team will live long and prosper![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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steady Pom pipi :
ButterBull doctorpot1 OP : All those pp who short made the worst decision!
doctorpot1 OP steady Pom pipi :![](https://emoticon.futunn.com/rich_big_face3_mm/78.png)
doctorpot1 OP ButterBull : yea 36% short interest from official data 1 month ago. I wonder how much more have it grown hahahaha![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
and how much burn will they feel ![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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