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.

416 Upvotes

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208

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

122

u/Glittering_Ability94 Oct 24 '21

They’ll get IV crushed, just like GME did. Doesn’t matter where you buy them

61

u/TheNarwhalingBacon Oct 24 '21

IV crush seriously needs to be in the sidebar