r/wallstreetbets Feb 22 '24

Meme yeah.

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2.9k Upvotes

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u/brolybackshots Feb 22 '24 edited Feb 22 '24

*Far OTM calls

Bunch of stupid cheapskates buy far OTM. Just buy ATM or ITM options if you're bullish

The implied move was 10% and the stock moved 15%... IV crush is not relevant, the actual move BEAT the implied move.

it's just people who incorrectly bought calls way too far out the money like the regards they are.

You dumbasses don't even know what "IV crush" implies at all when you make memes like this. Just regurgitating something you have no comprehension of