Put over 20k into AMC calls

    https://i.redd.it/zdrhgcycpr2d1.jpeg

    Posted by Vasco_ND

    36 Comments

    1. Well that’s fucking stupid.

      Grats on the bags and thanks for the liquidity I guess.

      It’s amazing how many people are falling for the same shit three years later. Absolute morons.

    2. Plus_Seesaw2023 on

      Do you like money?

      Wouldn’t you have had better luck with SPY puts?

      I hope for your sake that $IWM is in a consolidation phase ready to squeeze… that will help you…

    3. outoftownMD on

      this is an important lesson on timing. This 20k before the hype would have brought you home nearly 400k-3M on the $5 and the 7$ depending on entry.

      This was a fomo late entry. Feeling for ya, and hoping you catch the next one long before others become aware.

    4. killerbeeswaxkill on

      LOL the CEO would never let it run that far before diluting. He diluted the first day of the meme run before it even took off.

    5. Silver-Imagination39 on

      Should of done it other way around, brought more of $5 calls ![img](emote|t5_2th52|4271)

    6. OP, since you claim you’re a good trader and you’re only gambling some of your gains this year, why don’t you show us your all time performance chart?

    7. I thought you got a put worth over 20k and said to myself finally someone sane around here. Then I saw you meant you PUT over 20k in AMC calls, lmao $22 strike price

    8. BustANutHoslter on

      Hahahahahaahahahahahahahahaahahahahahahahahaha everything I owe – all my debt – would be paid off with the $11K you lost (minus my mortgage but still).

      And you lost it on call options for a dying movie theater chain that is stuck in a death spiral. AA will never be able to dilute them out of debt, but he’s going to damn sure try. And people are bullish? 😂

      I’m sorry, I think all meme stock holders are fucking stupid, but AMC really takes the cake. Theaters are dying. Covid killed them. Like for sure. You’re just witnessing the last gasp. Then we had a writer/actor strike that further delayed things. And box office numbers have been mostly fucking terrible this year. 😂

      Like, seriously, do you people consider anything at all before you spend twenty fucking thousand dollars on a gamble?

      You belong here.

    9. Good timing as the box office for Memorial Day weekend just hit a 41 year low! Buy high, sell low!

    10. Lol, the $22 strike is crazy. AMC/GME seems to be setting up for a swing to the upside, but $22 strike is pure gambling. Hope it works out for you, though.

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