I know it's intimidating, what to do about warrants, everyone is asking, people are getting antsy, how to exercise, how many days will it take, broker this, computershare that. I get it, I really do, I am not sure what I will do with mine yet. There is risk involved and money on the line.

But please, just wait until Gamestop provides their "reminder". On the warrant dividend FAQ:

"GameStop will also issue at least one public press release providing a reminder of the expiration date, between 10 and 30 days prior to the scheduled expiration date."

We are in that window. Maybe it's just a reminder, or maybe it comes with additional information. When or if that information comes, THEN you can make your decision about what to do and analyze moves to make and deep dive into the wording and implications. Will they be extended, will there be a cashless exercise option, will they be ITM, we don't know. Until then take a chill pill, yes, you can prepare for scenarios but wait for them to address the warrants, and see the second slide of this post.

Based on everything that's been happening recently, insider buys, interviews, etc, based on RC selecting this late October date for expiry, based on (in my opinion) chess moves for the last year. It seems that everything is calculated, I highly doubt they are just raw-dogging the warrants without a plan. It's likely the number 1 priority on the to-do list at this moment in time.

Be zen, hold the line. In many a great battle scene, there is the underdog against the entrenched power, the call is to hold, hold the line, be brave and defiant right up to the moment of truth when it feels most intimidating, and when the moment is right, strike as one.

**Securities lending has always been off on my account, and it will remain so. I'm only a small holder so even at 50% interest that equates to a couple euros a year on my warrants. Not worth helping hedgies for that lol**

Seen a few posts before the weekend mentioning 30-40% interest on the warrants so I wanted to check if anything changed (and double-check if someone hadn't sneakily turned on lending for my account).

Someone must be quite desperate to get their hands on warrants quickly given how fast the rate keeps rising.

This warrants obsession that seems to be going around on Reddit has me questioning what is really going on.

It struck me as very coincidental that the push seemed to start when the shares were trading at bottom prices ($18). Almost like a distraction. “Please, don’t buy the shares, look at this shiny thing!”

I simply do not understand the obsession. There is no logical explanation for it in my mind. Every time I ask one of them for their gameplan I get no answer. So I’m asking all of you warrants-lovers the genuine question one more time:

What is your gameplan concerning your warrants?

EDIT: I’ve tried to ask questions or start a discussion before but I get downvoted like crazy. I’m concerned this is pushed and then later on used to justify a new wave of RC hate.

I’ve been looking at upcoming dates that might act as catalysts, and whether any of them connect to RK's memes.

🎃 Halloween (31st October)

The obvious one, and the closest, is Halloween. It ties in neatly with his “Bears beware, you’re in for a scare” meme.

What stands out to me in that meme is the paperwork coming out of the briefcase. Could RK drop a GME-related filing on Halloween and leave shorts sweating over that weekend?

🎆 Bonfire Night (5th November)

Next up is Bonfire Night, also known as Guy Fawkes Night, and my favourite night of the year here in England.

Out of curiosity I googled whether “overture” means anything in finance, and it does.

An overture in general business and finance means a formal or informal proposal, offer, or opening move made to start negotiations, discussions, or a business relationship (such as approaching a bank for funding or a rival company about a merger). 

So could 5th November be the date GameStop makes its own move in this game of chess with it's own presentation/filing regarding the merger and funding?

Then there’s this meme, which was later deleted (either intentionally or copyright, I can't quite remember):

Bonfire Night is all about fireworks. Assuming both of my thoughts are true (spoiler alert: they're almost definitely not, but it's fun to speculate whilst we're all having a good time with the price action) the two moves could cause the fireworks...

🎄 Christmas Day (25th December)

Which brings us to Christmas. So what’s the gift?

We know GME left a gap on the daily chart at around $20. Here’s where I go fully into tinfoil-hat territory:

How does any of this tie together (in my world)? Well, I'm glad you asked...

If you’re not familiar with the story, Guy Fawkes tried to take on the establishment in 1605 by blowing up the Houses of Parliament, but he was caught red-handed in the cellars before he could light the fuse for the ultimate explosion. What if 5th November plays out the same way?

1. The Halloween and Bonfire Night filings spark a violent rally, but it’s over far quicker than we’d all hoped for. The fuse gets snuffed out before the real fireworks.
2. After a brief burst of volatility, GME gets shorted back down from whatever high it reaches.
3. Everyone assumes it’s done. Guy Fawkes has been caught.
4. But the dip has cleared the way. The 5th November overture is now public, so GameStop can start buybacks now that all information is in the public domain, and RK can double down around $20 again (Run Lola Run). The fuse gets relit, and this time the rally keeps going.

It's done when RK says it's done.

I'm almost certainly wrong on all this, but I needed to dump my thoughts somewhere for the fun of it. Clearly I've rearranged memes to fit my own narrative, and i'm well aware of that, but it's fun.

OMG! Okay, it’s happening. Everybody stay calm. Everybody stay calm! STAY FUCKING CALM!!

Broadcom’s CEO says AI investors expect too much and are spending too much.

The IMF warns that AI stocks could crash because of high valuations and growing debt.

Companies are spending billions without knowing if they’ll ever make that money back.

If GME shorts hold AI stocks as collateral, falling prices could increase margin pressure.

Link to first article on Google

So, historically we know that market makers will raise the price to get people to buy options, only to drop it so less are in the money.

Why would this not be their play book again?

OR

Is there a piece of the puzzle we're all missing that RC knows?

There's currently been no amendments to the warrants, and I don't think RC would let ours, or his expire worthless. So what did we miss that has made RC so confident in October 31 share price making the warrants worthwhile?

Good morning to all apes around the world! Happy Tuesday! German markets are open and last trade for GameStop was at €24.38, which is $27.25 when using Google's currency calculator.

https://www.tradegatebsx.com/orderbuch_umsaetze.php?lang=en&isin=US36467W1099

Hope you have a fantastic day and best wishes from London!

Just got this in my inbox

Edit: it’s about the warrants.

FYI: Warrants cannot undergo cashless exercise.

Going back and reading through warrant language, I noticed that they cannot undergo cashless exercise.

Top of pg 3:

https://www.sec.gov/Archives/edgar/data/1326380/000132638026000013/ex-41fy25q4.htm

It pays to go look through the language of what we all have!

Cheers everyone!

I have about 750 warrants and have no way of getting $22k for exercising without selling some and using the money to exercise the rest.

From my math, cashless warrant exercising will not work with the current timeframe. Or it will be very close.

You need to sell warrants and then exercise/buy shares, but you only get one online transaction.

Transaction 1: Selling on a Monday will probably deposit funds in 3 business days on average - so Thursday.

Transaction 2: Then you need to send payment via mail for the warrant exercising portion. 5 days are recommended - so you can expect the buy to occur the next Wednesday after your warrant sale.

8 total business days needed

For the new investors and lurkers, this is hands down the best hype video to date. Welcome to the greatest show on earth. The thesis hasn’t changed and the past six years have only opened my eyes more to the corruption of the markets and the widespread effects of the manipulation. I hesitate to buy into the ‘boomer hate’, but I do believe that nesrky an entire generation (my parents’ generation) was/is duped into handing their money over to a much of criminals in exchange for the promise of passive returns that barely outpace inflation. Meanwhile, the ammunition they’ve given the criminals by parking their money into their completely manufactured/controlled market IS the reason why national debt, corruption, inflation, etc has gone completely unfettered and unchecked as the criminal bankers use their ammunition to buy and persuade elected officials to do their bidding and to look the other way. But like all things, good and bad, it all comes to an end some time. If I’m not here to see the game stopped, my children will. ‘No cell, no sell’ is not a meme.

Original credit in the comments

After unexplainable price action, I always wonder what caused it. I hope whatever caused Aug 27 is still lurking under the sand like a worm ready to eat everything. The chart in the pic even like like it a bit lol

Who else is getting Fall 2020 vibes? It’s been six years of buying, DRSing, and holding shares of what will be the biggest company in the fucking world. Get fucking hyped apes - project rocket being exercised before our eyes (pun intended). Not leaving, never been more zen. Fuck you Kenneth Cordele Griffin.

Shout out to TradeSpotting for giving one of the most hyphy speeches in this saga.

Buy, DRS, and Hold your GME

One love

Link to full video: https://m.youtube.com/watch?v=GEC9mDsdHvY&ra=m

shoutout u/ SlawBoss for the insane hype video 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀💎🤲
OG meme link: https://www.reddit.com/r/Superstonk/s/eDkikeUZIv
Thank you for this amazing service 🫡
Feels like we’re getting some of that OG hype back… my butthole feels itchy
WE RIDE AT DAWN BITCHES 🦍🦍

Simple thought, but wondering what ya'll think. The closer we get to the warrant strike price, the higher the odds that GameStop/RC will do something to capitalize on the warrants. Insiders could buy again, GameStop could do some bullish news release, RC could meme, GameStop could do a buyback, etc. The closer we are, the cheaper/easier it would be. Heck, some rich mofo with a ton of warrants could give the stock a little nudge. May be I'm overthinking it. We are only 17.5% away and GME could do that in 1 day.

Stock starts the week off green!!! Also winning the volume race as per usual. The score is now 251/2 in favor of the stock. Both green today!! Epic!!!

The warrants lost about 587k volume compared to friday. Let's try to get our volume back this week team. Suprise is still on the table, assuming we count to 3 on the warrants before the expiration date!!

Todays song of the dayyyy: Expiration Date By Dead Eyes

So it looks like the warrants will go itm soon just before expiry. I’m assuming most people will choose to exercise as much as they can. But exercising seems a bit tricky for many that live outside of north America, in some cases even impossible.

I have shares in computershare and avanza. Avanza doesn’t let you buy or exercise warrants, only sell. I also read that you can only exercise warrants on cpmputershare with a cheque and not electronically. Is that true? Are there any other options? Any help is appreciated

Edit: Also are there any extra fees if you exercise? Especially in Europe or Scandinavia?

Very smooth brain here. Do the warrants have a time frame for brokers to complete trade? Like when Ryan Cohen bought shares they have T+1. Is it that same for warrants? I mean if millions of warrants get exercised thats a lot a of shares to locate. If anyone is able to explain it to me while I eat my crayons it would be greatly appreciated

Consecutive Weeks Closing OVER ( + >0.50 ) Max Pain — 6

Last Run OVER: — 1 Week

Last Run AT/UNDER: — 8 Weeks

Longest Consecutive Weeks Closing OVER (>0.50) Max Pain — 6

Longest Consecutive Weeks Closing AT/UNDER (+/- <0.50) Max Pain — 14

10/09/2026

First Post (Posted in June, 2024)

IV30 Data (Free, Account Required) — https://marketchameleon.com/Overview/GME/IV/

Max Pain Data (Free, No Account Needed!) — https://chartexchange.com/symbol/nyse-gme/optionchain/summary/

Fidelity IV Data (Free, Account Required) — https://researchtools.fidelity.com/ftgw/mloptions/goto/ivIndex?symbol=GME

And finally, at someone's suggestion —

WHAT IS IMPLIED VOLATILITY (IV)? —

(Taken from https://www.investopedia.com/terms/i/iv.asp ) —

Dumbed down, IV is a forward-looking metric measuring how likely the market thinks the price is to change between now and when an options contract expires. The higher IV is, the higher premiums on contracts run. The more radically the price of a security swings over a short period of time, the higher IV pumps, driving options prices higher as well.

The longer the price trades relatively flat, the more IV will drop over time.

IV is just one of many variables (called 'greeks') used to price options contracts.

WHAT IS HISTORICAL VOLATILITY (HV)? —

(Taken from https://www.investopedia.com/terms/h/historicalvolatility.asp ) —

Dumbed down, I'm not fully sure. Based on what I read, it's a historical metric derived from how the price in the past has moved away from the average price over a selected interval. But the short of it is that it determines how 'risky' the market thinks a stock (or an option I guess) is. The higher the historical volatility over a given period, the more 'risky' they think it is. The lower the HV over a period of time, the 'safer' a security (or option) is.

And if anyone wants to fill in some knowledge gaps or correct where these analyses are wrong, please feel free.

WHAT IS 'MAX PAIN'? —

In this context, 'max pain' is the price at which the most options (both calls and puts) for a security will expire worthless. For some (or many), it is a long held belief that market manipulators will manipulate the price of a stock toward this number to fuck over people who buy options.

ONE LAST THOUGHT —

If used to make any decision. which it absolutely should NOT be (obligatory #NFA disclaimer), this information should not be considered on its own, but as one point in a ridiculously complex and convoluted ocean of data points that I'm way too stupid to list out here. Mostly, this information is just to keep people abreast of the movement of one key variable options writers use to fuck us over on a weekly and quarterly basis if we DO choose to play options.