Dash12 : I don’t think he exercised it’s to early he would of lost millions on theta if anything he sold or rolled his position all we do know for 100% sure he had 120000 call options as of this morning the open interest at his strike was down to 110000 meaning even if he owned everyone of those contracts which would be weird he’s still down 10000 contracts

Dash12 : Has he showed his position sense that one time ?

Dash12 Dash12 : I guess he did post his position today I was unaware of that my bad

Dash12 starr67 : I’m not down yet but all my unrealized profit is gone again almost time to buy more shares

Dash12 : It’s been green for like a week and is up big on the year I don’t understand the question it did have a bit of a pull back but so did most the market

Dash12 : It will force market makers to buy stock to cover his calls causing a gamma squeeze

Dash12 : Call options gives him the right not the obligation to get the shares once exercised. He has more calls than shares available for purchase from my understanding. So once time to exercise comes the ppl he bought the calls from is gonna be forced to buy shares of Gme to give to him driving the price up

Dash12 OneDirection OP : Yes should be bad as long as the price stays above 21$ sense that’s his strike price if it goes below 21 he’s calls will expire useless

Dash12 OneDirection OP : No problem definitely would look into more if I was you options can be confusing at first but the strike price is just the price he picked saying the stock will be above this price ($21) on what ever date he picked (I think end of the month) so as long as he’s right and the price is above his number (21) he can exercise the call options each option being worth 100 shares. He has thousands of call options creating a lot of shares to be purchased if price stands

Dash12 OneDirection OP : Anytime buddy got any more questions hit me up