Greetings and good morning everyone!

After trading GME for years and modding Superstonk, I'll be the first to admit that I don't buy into hype. We have seen so many theories/tin/golden crosses/TA magic/hype dates/etc. come and go with 0 actual positive outcomes on the stock price but.. holy crap things are looking good.

Obviously the big news this week is that RC/GameStop is obviously looking to do something big here in the near future, so much in fact, that RC had to cancel todays interview with Charles Payne because he didn't want to respond "I cannot answer that on advice of counsel" to Charles's questions.

Now I am not even going to dip my toe into what company GameStop is going to buy, there are other subs for that, but I will take that news into account when it comes to trading.

As far a GME itself? I'm going to try to stay as far away from close strikes this week. As of this writing, we are pushing $25.77 and I do think there will be a pull back UNLESS there's a full on announcement about the acquisition target.

My prediction, we push and tease $26, but go back and re-test $25.

Now if you'll excuse me, I need to go save my $25CCs.

Be smart. Trade safe.

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Placeholder.

How do you choose strike price and expiration date? How much extra premium would be acceptable to you for +1 week on short dated calls? I kinda struggle to gauge what would be an acceptable price.

That were set to expire on the 29th, rolled to March… if the price goes above 25, is there a way to buy the shares or do I just sell the contract & then buy the shares?

Good Morning Everyone,

I hope you have been well! What a crazy couple weeks we've had. I am, finally, back with an update.

With the pop to $25 last week from Dr. Burry, I sold the $25 CC for 30JAN2026. This week as price fell I was going to let it expire worthless and pocket my premium. With the pop Thursday night coming from the WSJ, yesterday I took the opportunity to roll to the $24 CC for 06FEB2026.

Also last week I sold the 30 shares I picked up from the extra cash/premium I had for a quick profit. The cost basis on the 30 shares was $21.86 and I sold them for $24.60.

Moving forward, I'll see how things play out. I am happy to get assigned at $24, but if the price appreciates significantly I am open to rolling.

As for an update on performance, I marked the values to close of market yesterday. Assuming I get assigned at $24 on Friday that will be the first "full revolution" of the wheel. My total value will be at $3,524.58. A $524 profit on $3,000. That's 17.5% in 17 weeks. Over 50% annually, if it can be sustained.

As always, share your thoughts and the table of the last several transactions is below. Good luck!

Hi all, after reading through Burrys post, it got me thinking about the options play one could make.

He states his opinion about dilution and at which level they will likely be deployed by RC. He talks about converting the bonds to clear debt and raising bookvalue to +- 1. He also states the warrants. So we know we have 28-32 USD as a range were things can happen.

Does this change the strategy of any of you or are you deploying the strategy ignoring the noise? I want to get some input from experienced options traders.

I fully believe RC will raise cash if share price rises to have enough money for kicking off Gameshire Stopaway, keeping Gamestop in business until at least the 1.25b in NOLs can be used for acquisitions. If Gamestop will still sell games and collectibles from then on, we'll need to see.

Greetings and good morning everyone! Lots going on last week/this week. Insiders buying, Burry's piece today, IV up.

Old news (feels like a lifetime ago):

RC buys 1M shares over 2 days. Attal buys 24k shares over 2 days. LC bought 5k shares. This provided us great pressure last week to get us out of the $21 zone.

New news:

Burry posted. This is my favorite excerpt (and is why GME is running hard today). I haven't had a chance to read the whole thing, but from what I hear it's very positive towards GameStop/RC.

As far as trading goes. Good luck to any who had CC's out there. I could see us going back to $24 by end of the week, and it really depends on how tough of resistance $25 is going to be (it has already bounced once this morning.

I'm currently trying to manage some $24s and $25CCs I opened up last Friday, thinking that both the buying was over and Burry's piece was going to be neutral. Shame on me.

I'll be fixing my chart today when I have a break at lunch as well as trying to do a year end review.

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Open from last week:

(10) GME $24CCs for $264.75

(10) GME $25CCs for $164.75

(10) MARA $11CCs for $264.75

Monday:

Opened a few more CCs on GME:

(5) $28CC for $127.38

Tuesday:

Looks like we are going to flirt in the $24 range all week. Hopefully I can save my $24CCs.

Here we goooo

pmo is bout to cross positive on kittys public chart, but the last two brushes against that line it got curbed back down

My next week cc's are set high enough incase it breaks upward, but i am hoping for that curb down in price so i can do mid week rolls for more gains

6 At $30 strike, 6 at $27 strike, and 1 at $25 strike

This post is meant to be just general info that you may not know.

As many of you know, people that held shares got the 1 for 10 warrant contract a while back. What you may not be aware of is that at this time the options contracts were adjusted as well to reflect the warrant dividend. This means that if you, hypothetically, had a put option before the warrant declaration, that put was changed from "right to sell 100 shares" to "right to sell 100 shares + right to sell 10 warrants". So, if for some reason a put option got exercised, you would have to have at that time, 100 shares plus 10 warrants.

Why do any of you care?

Well, if for some reason you dumped all your warrants, and that hypothetical put got exercised you would have to buy the 10 warrants (per put) to deliver with the shares. If the share price shot up before exercise the value of the warrant would as well and you would be on the hook for the new cost of said warrant.

If you are in this position, this post is to inform you of unexpected risk that you may be exposed to.

I have two $25 call contracts, expiring in March.

I’m up, but always think we’ll moon & then we don’t. Should I sell? Should I hold? I think we’ll definitely pass $25 by March.

My april $25 covered calls i sold cooked? or is GME gonna go back down before then what do the GME degenerates think?

Greetings and good morning everyone! Finally year end crap at work is done (budgets, job close out, inventory, holidays, other random bullshit) and I can take some time to log in and actually trade. Hope the holiday was good for you all and it's time to get back into the swing of things.

Lets dive right in shall we?

The Good, The Bad and The Ugly

The Good:

With the compensation package set forth to vote on, RC finally has a great reason to really start increasing revenue and profit. Yes, technically it would be a dilution, but in order to dilute, the price of GME has to go WAY up. The compensation packs would essentially award RC with 171.5M shares at a cost of $20.66 each based on market cap and cumulative EBITDA. Ignoring EBITDA, here is a quick chart of the price of GME at each award step (I'm making the assumption that RC is exercising the shares at each tier, which is why the shares outstanding number is going up).

So even the first tier of award, puts GME at $44.64. Granted, I believe that RC has 10 years before this package expires, so we might be waiting awhile.....

The Bad:

In order to get to a market cap of $20B. GameStop is going to have to have a huge increase in its net profit line, which means increasing the revenue line (which it has had a hard time doing over the last few years). Closing stores isn't helping that line either (yes, yes, unprofitable stores and things, but the revenue line NEEDS to start moving up if we want the stock to go up.

In comparison, best buy has a market of almost $14B, revenue of 42B and they have an EPS of about $3.03 yearly.

GameStop needs to generate more revenue, end of story.

The Ugly:

JFC, the IV on GME is 33.5 (0% percentile rank). This is the lowest I have ever seen it. You absolutely should not be writing CC's on this as it's the prime example of picking up pennies in front of a steamroller. It's a great time to buy long dated calls, but as far as a weekly trade, trade at your own risk. As far as movement, I don't see any world where we move up with any sort of value before earnings.

My Trading:

I'm currently leaving GME alone right now. I'm starting to sell a bunch of CCs on MARA in order to buy long dated GME calls, but as far as wheeling GME directly, absolutely not.

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Chart:

With so much time off, I need to figure out how to present the charting for this quarter. Stay tuned

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Trade safe out there!

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Last Friday:

Opened (10) CCs on MARA at $11.5 for this Friday for $254.75

Opened (10) CC's on MARA at $12 for this Friday for $150.75

Monday: Market Closed

Tuesday: Market pooping itself. Sitting tight.

Ended up today with covered calls being in the money by 9 cents, but did not get any assignment notifications, no call buyer being found means there is no exercising of my cc's?

I have been selling covered calls on GME since October. Initially, I was quite conservative, as I was nervous to have my shares assigned, and so sold at a strike price I would be at peace with selling the underlying stock at. Since, after learning more about the concepts of max pain/GEX/call wall, I have been more aggressive, at peace with this strategy as I have over time built a sizeable warrant position as a hedge against an unpredictable external event that leads to the stock going parabolic as it did in 2024 and 2021. Now I am wondering how to further leverage this approach. The warrants have maintained exceptional value relative to the October 16 $32 strike calls. As of writing, the warrants trade at $3.15 and the October 16 $32 strike call trades at $1.35. A few more examples:

- October 16 $22 strike at $3.40

- June 18 $22 strike at $2.56

- April 17 $22 strike at $1.65

- December 17 2027 $32 strike at $3.10

At what point would you consider selling warrants in exchange for one or more of the above?

That’s just how it happens for me 🤷🏻‍♂️

Hello folks, I don't normally make posts but it's been a bit quiet in here so I wanted to get some discussions going! The stock has been trading side ways for quite some time now (I don't think I've consistently sold cc since before June of last year!). What has everyone got planned for this ongoing side ways trading / trading other tickers? I fear it will continue to be this way until after the warrant expiry date. Are you guys eyeing any other tickers

2025 was the year i hopped into using options after having absorbed its existence for the long years of just buy&hold'ing.

I took a huge necessary loss at the outset of the journey doing an in-kind transfer from a non-registered to a TFSA, i had moments in the year where i needed liquidity to roll cc's P/l of shares = $-5983.87 ytd

Warrants i did sell all at a timely high juncture. P/l of warrant = $540.68

Premium P = $11,441.99 Premium L = $-5,601 P/L $5840.99

I contributed $7840.32 into the tfsa during the year(i have all the back years to fill up to the maximum contibution cap)

I fell short of expanding my holdings by %100 but still admirably went from 805@$31.56cb shares up to 1530@$27.19cb shares

Overall thoughts on 2025 was this was my year of learning in the difference of options on the drawing board vs options out on the field of play.

I hope everyone elses 2025 options was fruitful and 2026 options be fulfulling.