GameStop Frenzy: How Much Has Roaring Kitty Made? Is It Legal? 🤔

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Jazz Wealth Managers

Jazz Wealth Managers

Ай бұрын

Jazz Wealth Managers helps individuals and families achieve financial security through retirement planning and investing strategies. Our videos offer actionable guidance on navigating Roth IRA's, 401ks, IRAs, Social Security, and more. Whether you're approaching retirement or just getting started, learn how to make informed financial decisions for a prosperous future. Subscribe for more!
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Пікірлер: 9
@Jesus_Lied_ReadTheBible
@Jesus_Lied_ReadTheBible Ай бұрын
It doesn’t take a professional to be bullish on a stonk that has a 100% short interest!
@brucesmith6868
@brucesmith6868 Ай бұрын
Great topic thanks Dustin and Eric to many people jump in with out knowing
@swamprat9018
@swamprat9018 Ай бұрын
The thing that gets me is the after hours trading that takes place when 90% of people can't trade and that is where the highest prices hit.. Then falls before 7am. trading opening.
@theonlyallan
@theonlyallan Ай бұрын
If you own options, you can sell short the stock in AH and close everything out when market opens.
@PorfirioCastro
@PorfirioCastro Ай бұрын
Alien vs Predator....lololololol that was a good one.
@marcusg2553
@marcusg2553 Ай бұрын
😅😅
@GoaltoGo
@GoaltoGo Ай бұрын
Let's see here.. the June 28th $20 call is worth 11 bucks. I'm going to assume that's what he has. There's a rule with options with accelerated theta (money) decay within the last 2 weeks of the expiration day.. so in that case being that this Kitty is the most intelligent options player on the Earth apparently, that means June 13th will be the day he has zero position. He could also roll this as well so there is that. I don't believe this is going to be hitting a Delta 90 position anytime soon so I'm sure he's not going to be shooting for that.. I would buy some cheap puts say the June 28th 15th through $20 strike range.. perhaps even a low-cost butterfly would be a good strategy here with wide ranges.. If nothing comes of that then the kitty decided to roll the options out for an extended period... In that case I would do a put diagonal with the long position in the short-term and the short position in the long term..
@markconner7611
@markconner7611 Ай бұрын
Great explanation! Thank you!
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