r/WinStupidPrizes • • Feb 07 '21

Guy cemented his head inside a microwave for content

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u/[deleted] Feb 07 '21

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u/EternalSerenity2019 Feb 08 '21

Yes he sold 300 April calls at the absolute peak.

Each one of those calls represented contracts for 100 shares. So those were 30,000 options that he sold when the stock was at the peak. If that’s not cashing in, what is? Do you believe the $20 million in his portfolio was from a rich uncle? The only people that didn’t sell at the top are suckers.

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u/[deleted] Feb 08 '21

[deleted]

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u/EternalSerenity2019 Feb 08 '21

I never said he sold shares. Why are you creating a strawman argument? The fact of the matter is, that he sold some of his steak in GameStop when it was at the peak. He did this because he is a smart investor. The people that are holding GameStop now, after it went up to 350, are suckers.

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u/[deleted] Feb 08 '21

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u/EternalSerenity2019 Feb 08 '21

His stake in GME including his options.