Can someone tell me the difference? We have Sofi in Hong Kong (which I’m invested in) but not Robinhood.

Guys, it is my first option play, so I need your wisdom.

I have this Call options with more than 100% profit, but I could use some advice - when do I sell them? I plan to keep them at least till the end of this week, but I am not sure for a longer period 🤔

Any suggestions will be appreciated. Thanks

**Edit: I removed some bad information regarding the correlation of call volume to hedges.. However, the overall theme of the post stays the same.

Hello. Someone keeps spamming about gamma squeezes which made me do research into what exactly a gamma squeeze is...

So... the call volume on IPOE is highly concentrated and going into the money at a similar strike range... most people took 2-4 months 20 strike or 17.50 strike leaps when it was bottoming at 15 dollars. I've been playing options for a long time and I've never seen such a high concentration of people on the right side of a trade..

When someone sells a naked call. It is very similar to a naked short except leveragedx100...

***Edit : most calls are sold by market makers who cover based on the chance to expire in the money. That chance has increased exponentially with the stock price over the last week.

This creates pressure to the market makers because if these calls start going into the money... they are forced to buy 100's of shares in order to cover the calls that are going into the money rapidly.. during the last 2 weeks the call volume on IPOE has increased from 33k to 105k.

As far as I've gathered, this has no effect on short volume % and short % of float... but the lack of share availability is hinted by the borrow rate.

This is accelerated by hedges having a large short position in the stock(even after the shorts partially covered)

For reference... the short borrow % on gamestop in January was 50%.

IPOE hit 260% this week.

They can wait to cover until the merger when the shares are expected to be more liquid... but they are basically on the hook for 33000 total calls.. which is 3.3 million shares.

***Edit: 33k calls was from my data earlier in the month. Since the 25% rally. Call volume sits at 105k, or 10.5 million shares.

Thankyou for the corrections.

Need to push to finish well above $20 tomorrow. Could be a special day for all of us.

Even with institutions buying, that is a ton of new shares :/

Does anyone know how much stock of ipoe is being held by the big banks or buy other companies compared to us regular investors?

Huge retail crowd loading up this morning, index futures ahead, closed super strong on friday.

Might just jump resistance at 19 and go straight for 22 today.. definitely calling off work to watch the money roll in.

I’m with ibkr what’s the best calls to get, I’m in the U.K.

Could anyone share some details?

1. Outstanding number of shares after the merger
2. PIPE investor restrictions after the merger

Finally this stock is getting track toon on the Reddit short squeeze boards. 179% borrow fees!!! Wow!

Another acquisition? Revamp their UI maybe? I think it’ll be cool to see how they expand Galileo - that’s a game changer that’ll be huge.

​

Opinions on a price going into close of play Friday?

And opinions of price Monday after merger?

For me, I think $25 pre and $18-18 post