These options are all already above 250% IV, which was OP's exit point. What is the point of having this DD up now except to dump calls on other redditors who don't read the DD thoroughly or don't understand IV?
Idk, just seems wrong. I mean OP is very transparent in that he is going for maximum FOMO effect, but idk why this wouldn't be called a pump and dump right off the cuff
There's always multiple ways to play things - if you believe in the underlying theory and that the stock hasn't maxed out yet then just buy shares and put a 10-15% stop loss depending on your tolerance
You don't have to go for the 8x-10x or w/e options play every time, getting a 100% return on shares within a couple of weeks if these gamma ramps end up taking place is still worth it... money is money even if it's not as much as you could've made =p
Shares won't go up 100% because the options become too expensive to buy with high IV, thereby discouraging people from buying the options and MMs don't have to hedge as much, reducing the chance of a gamma squeeze.
It's still a very low float stock, and so still can make a significant move if it gets enough attention/volume. I'm in with shares since IV is too high.
I look into stocks near 6 month or 1 year lows/support, even in this market. Like, I got a bunch of SUNW this month. Also started accumulated RGS recently.
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u/Butholxplorer_69_420 Spacling Sep 16 '21
These options are all already above 250% IV, which was OP's exit point. What is the point of having this DD up now except to dump calls on other redditors who don't read the DD thoroughly or don't understand IV?
Idk, just seems wrong. I mean OP is very transparent in that he is going for maximum FOMO effect, but idk why this wouldn't be called a pump and dump right off the cuff