Stock went up 300% in a day if you are stupid enough to buy today go back to wall street bets. SELL WHEN YOU ARE UP over 50% in a day! It tanks 95% of the time afterwards
Buying sogp puts right now looks like free money
byu/Wallstreetpoopshit inoptions
Posted by Wallstreetpoopshit
6 Comments
What strike price you think is valid
500% IV bro
There is soooo much extrinsic value in these options, I don’t think you know how free money works. This looks like a money losing machine on the buy side.
Gotta do spreads, or the most likely winner, CSPs.
Dude watch one or two of the one million videos on option terms and how options work. Then trade a paper account for awhile.
“looks like free money”
Love these posts.
You are a FOOL. There is no Open Interest, it is after hours, but the bid/ask spread looks HUGH. It has an NTB flag at Schwab , which means you may not be able to borrow.
The 400% IV (actually only 350 Sept, or 277 Oct , just means the stock Expected Range could go below zero, so while that could be good for you , the stock could double in price.
Frankly the stock looks like a manipulation, and I could see it being shut down.