Before lunch I put in a buy order at $49.75, intending to sell March 50 calls against the stock. I didn't get it but its been up ever since I placed the order.
Sell GME now or buy puts. GME is not looking good with the Dow and Nasdaq up nicely today.
Lionel- Not what I was expecting. I thought that we would break 51. The dow up 200 points and GME in the red. Oh well.
Matt: Lord knows what's happening but I just CLOSED the March 50's that I sold this morning. Picked up $500+ and am back where I started. I won't be around tomorrow but put in an order to open again at $3.60.This is fun?
We got whooped!
What happened to GME today? Did all the Cramer fans sell?lol
Yea I know and now it can't break $50
The Mrh 50's went before the stock slid.
That sounds like a good call. I may do the same. Still on the fence though.
I'm gonna try to split it.1/2 Apr 60 at 1.401/2 Mrh 50 at 3.60
IF (which I doubt) it's below 50 at March expiration date you keep the stock and sell again.I need to leave for the dentist in a 1/2 hour. Will cogitate until then.