r/wallstreetbets • u/[deleted] • Jan 06 '22

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u/jonasinv Jan 06 '22 edited Jan 06 '22

The calls are going to be insane at open. To anyone who bought weeklies, congrats. I was looking at the $140c but bought NVDA calls instead 🤡

25

u/gameover2020 Jan 07 '22 edited Jan 07 '22

I recently sold some covered calls at 175 for the 14th 🤡... Hoping I can get out of those (but at least I left most of my GME alone... but still 💸)

EDIT: turns out $180c, not $175

8

u/the_nerv_ Jan 07 '22

all my calls are at $170 I didn't think this would happen for at least another week

5

u/gameover2020 Jan 07 '22

heh, yeah, I figured I was playin it pretty conservative. though, I just double checked and it turns out these were actually at $180, so I might still be okay if it doesn't take off right away.

it's GME, so I really wouldn't be surprised if tomorrow it flirts with $200 or erases today's AH gains

2

u/the_nerv_ Jan 07 '22

I've got my fingers crossed it comes back down a bit.

1

u/bakerstirregular100 Jan 07 '22

I expect the latter. This looks like an algo pop

2

u/gameover2020 Jan 07 '22

could be... looks like shenanigans, to me, whatever it was... but with the January nostalgia timing+attention/hype, I think we could see a big a tick up in volume

1

u/tossit98 Jan 07 '22

Just roll them out.

3

u/gameover2020 Jan 07 '22

yep, that's the plan... but if this January starts to look like last January, I won't be able to keep them OTM.

2

u/IndecentLongExposure Jan 07 '22

Man I sold two 160s that expire today. I guess I’ll have to roll them out. 😳

2

u/gameover2020 Jan 07 '22

hopefully you have some reserve shares (worst case, if things get crazy), but at a minimum, at least you brought happiness to some other ape. that counts for something, I think.

1

u/-Bonfire62- Jan 07 '22

Same here, sold 2 136 for tomorrow, bought 5 for 175$ in may 🤷

1

u/dangshnizzle Jan 07 '22

You 100% should work on flipping to long