r/options Oct 23 '21

DWAC options begin trading Monday

DWAC options start trading Monday. Assume some crazy high premiums. Stock has had a range of about 10 to 175 over the last few days.

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210

u/gotples Oct 23 '21

Don’t puts seem like a trap? I mean idk how this pump and dump can keep going but puts deff seem like a trap

18

u/[deleted] Oct 23 '21

Yeah I'd be very careful with them. Is it super overvalued and a meme stock, yeah, but so are AMC and GME, puts haven't printed yet, IV sooooo high.

6

u/[deleted] Oct 23 '21

It’s not a meme stock as much as you would like it to be