doctorpot1
Excellent Contributor
joined discussion · Aug 8, 2022 22:03
I'm officially a meme stock trader now, to the moooooon
My first ever meme stock betDespite 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"
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
doctorpot1
OP
ButterBull
:
yea 36% short interest from official data 1 month ago. I wonder how much more have it grown hahahaha and how much burn will they feel
ButterBull : Welcome
Cordy720 : welcome to the team!
doctorpot1 OP ButterBull : see you on the moon captain ape
doctorpot1 OP Cordy720 : hope the team will live long and prosper
steady Pom pipi :
ButterBull doctorpot1 OP : All those pp who short made the worst decision!
doctorpot1 OP steady Pom pipi :
doctorpot1 OP ButterBull : yea 36% short interest from official data 1 month ago. I wonder how much more have it grown hahahaha and how much burn will they feel