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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence

Posted on 5/14/24 at 10:48 am to
Posted by BCreed1
Alabama
Member since Jan 2024
1370 posts
Posted on 5/14/24 at 10:48 am to
LOL!

Ok.. I, for the first time ever, purchased a PMCC on GME. It's a short term. I sold a call on it at the 57 strike for $1200.

My total cost for entry is at $1300.

If this goes up to the 57$ I will make $1600. If I have another opportunity to sell another call It will mean I have all of my investment back with the ability to sell more calls until it's done.

Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26076 posts
Posted on 5/14/24 at 10:53 am to
Slackster shows up on Fox Business and reiterates his position at the 1:36 mark.

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I think it hits mid 60's around 2:30 PM
This post was edited on 5/14/24 at 10:55 am
Posted by BCreed1
Alabama
Member since Jan 2024
1370 posts
Posted on 5/16/24 at 9:11 pm to
quote:

Ok.. I, for the first time ever, purchased a PMCC on GME. It's a short term. I sold a call on it at the 57 strike for $1200.



An Update.

The sold call was purchased by for $33.

quote:

My total cost for entry is at $1300.



That leaves me with $1333 invested. I will sell another cal tomorrow between $250 to $1000, depending on the Diamond hands. :)
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