I'm officially a meme stock trader now, to the moooooon
My first ever meme stock bet ![]()
![]()
Despite 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 ![]()
![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
crawled out of poverty, working towards FIRE!! (financial independence, retired early)
14KFollowers
104Following
16KVisitors
Follow
ButterBull : Welcome
Cordy720 : welcome to the team!
doctorpot1OP ButterBull: see you on the moon captain ape
doctorpot1OP Cordy720: hope the team will live long and prosper
steady Pom pipi :
ButterBull doctorpot1OP: All those pp who short made the worst decision!
doctorpot1OP steady Pom pipi:
doctorpot1OP 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 
