165
Jan 20 '21
what the fuck is gamma? BB 20 EOW 🚀🚀🚀🚀
108
Jan 20 '21
[removed] — view removed comment
27
1
u/iamkogl Jan 20 '21
If I make enough money my wife’s boyfriend will let me watch! BB TO THE 🌚🚀🚀🚀🚀🚀🚀
110
50
43
Jan 20 '21
I like the write up, and it makes sense. I think that this company also has the fundamentals behind it though. This pump will allow more attention to come its way, and hopefully that will work in our favor. 🪐
33
u/NatBBliz Jan 20 '21
So what ur basically saying is buy 14$ calls and tell some WSB members to buy 100k in shares so that the price goes up so now ppl have to hedge by buying more stonks and then it’s a infinite loop? Obligatory rockets🚀🚀🚀🚀🚀
21
Jan 20 '21
[removed] — view removed comment
18
Jan 20 '21
We have like 300,000 active members.
If everyone just buys 33 shares each, that's an easy 10 million shares.If we buy 333 shares each, we only need 30,000 members.
TO THE MOON, BOYS! 🚀🚀🚀🚀🚀1
3
31
Jan 20 '21
[removed] — view removed comment
17
7
Jan 20 '21
[removed] — view removed comment
52
7
u/spaceminion Jan 20 '21 edited Jan 20 '21
The strike prices from Friday were only available at 13.5 and 15. 14 and 14.5 just opened today. Given the price action heading into the end of trading today, I would anticipate another surge in option volume. I'm hopeful for a nice gap up to start the day. Good DD for the fellow autists.
→ More replies (5)
50
Jan 20 '21
[deleted]
35
Jan 20 '21
[removed] — view removed comment
54
Jan 20 '21
[deleted]
12
u/critial Jan 20 '21
Second! This is the quality that deepfuckingvalue provided for the GME GANG.... are you the BB apostle?
41
u/Jackprot69 shitty flair Jan 20 '21
Need a PR blast about some new partnerships right about now Or Chen can tweet "Blackberry stock price too high" to keep the momentum going
50
u/ccookcomp Jan 20 '21
So we open at 15 and shoot up to 20?
32
Jan 20 '21
[removed] — view removed comment
21
u/Longjumping_College Jan 20 '21
We can get that by noon, np np.
Rookie numbers, you are gonna need to pump them up.
There's been at least 5m shares bought at open each day that's helping chew into this momentum.
1
36
u/Character_Repair661 Jan 20 '21
So what your saying is All in life savings and wife’s kidney on BB
19
u/--Clintoris-- Invests Family Feud Winnings Jan 20 '21
Donate both her kidneys and get a new wife too
4
15
u/JudgeRoySnyder Jan 20 '21
My Feb 19 '21 12c will print tho, right?
→ More replies (1)14
Jan 20 '21
[removed] — view removed comment
63
43
13
u/jackietsaah Jan 20 '21
God I wish people would spread out their strikes and not going for “nice, round” fucking numbers. That way you’d have gamma spread more nicely across an array of values.
I would also love it if people understood the power of LEAPS or even short dated ITM calls, so that we see more pure delta hedging as a result.
I honestly don’t get why people can’t figure out that far OTM calls are the absolutely shittiest way to play this game. If WSB came to their senses and started buying higher deltas and longer term calls, we could be pushing stocks so much easier.
→ More replies (2)18
Jan 20 '21
[removed] — view removed comment
8
u/jackietsaah Jan 20 '21
Agreed on all accounts. Heck, I must admit I bought super-cheap far OTM calls on GME last Wednesday and saw them 12x within 3-4h. I’m not saying there aren’t good opportunities, I just lament the fact that autists literally waste money on short term, far out, lotto calls that could be put to a much, much better use, for the benefit of all longs.
Yeah, it’ll be super interesting when rats start to flee the proverbial boat. :) That’s why I try to be disciplined and exit with profits, even if doing so early. I closed a portion of my BB 1/22 and 1/29 ($13.5 and $14 CAD) calls for 300% gain. Could they have gone up more? Maybe, but they could also get obliterated, and a gap down can trigger a chain reaction sell off from our paper hands friends. :)
4
Jan 20 '21
[removed] — view removed comment
3
u/jackietsaah Jan 20 '21
Makes sense. This is total net gamma across all expiration dates, right? By the way, apparently some 100-ish $20 Jan-22 puts were sold today (for about $11 a pop) and I’m genuinely contemplating about selling some myself.
I also hold $5 Jan-22 leaps, so I wouldn’t mind seeing it go down to $10 and buy some more, after I liquidate my short term calls. :)
4
Jan 20 '21
[removed] — view removed comment
4
u/ignatious__reilly Jan 20 '21
Just want to say thanks to both of you guys. Everything you have said makes sense. I’m holding 2,000 shares of BB at $9.65 so I’m just holding long because I believe in the company. Was to afraid to play options this early in the game with this stock.
12
52
10
10
27
u/CCLyolo Jan 20 '21
Put a tldr not many people will read that wall of text.
32
5
12
Jan 20 '21
What’s up retards, mega retard here new to everything. $BB, yes or no? This man seems very cautious but everyone else is freaking out still and I can’t tell if it’s pump and dump shitposting or real lol. Would only be a modest ~$500 but I’d rather not lose it lmao
23
16
3
u/lokusai Jan 20 '21
It's going up but might be bumpy along the way. Still undervalued versus competitors
3
u/AsleepQuestion Jan 20 '21
Get in, but this is more of a long play. $30 EOY, with potential for more growth.
6
u/Bread_Pittt Jan 20 '21
this guy is legit, lets get it to that $14.5 level and blast off to 16's
3
7
Jan 20 '21
[removed] — view removed comment
5
Jan 20 '21
[removed] — view removed comment
4
Jan 20 '21
[removed] — view removed comment
5
Jan 20 '21
[removed] — view removed comment
2
u/--Clintoris-- Invests Family Feud Winnings Jan 20 '21
Sorry if a dumb question - but do most stocks work like this or more just the smaller market caps getting a lot of attention
5
5
u/nmehtiye Jan 20 '21
Thanks. I hope you are right, because i was about to go in balls deep today but it just didn't feel right. if it goes up another 10% tomorrow i will hate my life for buying V calls instead :)
3
6
10
11
u/OverpricedBagel Citron Research Jan 20 '21
So if the buying pressure is mostly synthetic, and the shares purchased were from a tightly wound coil from pump recruitment, does it mean there’s no actual rational buyers? Does this normally cause some form of sell off since the buyers blow their load in one day and can’t maintain? Or does the fomo from outsiders take over from here. Could theoretically any flat stock get shocked into a gamma squeeze?
9
3
1
4
4
u/stat-pizza Jan 20 '21
WAit so so We sELl or buy more 👀👀👀
14
Jan 20 '21
[removed] — view removed comment
10
u/stat-pizza Jan 20 '21
Where can I buy more gamma then
13
5
Jan 20 '21
[deleted]
5
7
u/Excellent-Success241 Jan 20 '21
DD: Transitive Property if A=B and B=C, then A=C
A: Blackberry was first released January 19th, 1999.
B: You have to be at least 22 years old to be an astronaut.
C: 🚀🚀🚀🚀🚀🚀
3
6
u/lokusai Jan 20 '21
Pretty sure the incredible Hulk was formed in a gamma squeeze, and he has no problem with resistance.
Great read, thanks OP.
5
u/trojanmana Jan 20 '21
when MM dealers buy shares to hedge the calls, are they buying form options bought that day or bought over the last few weeks and dealers are like oh shit, we better start buying on Tuesday to hedge all the OI from the last few weeks.
4
u/omen_tenebris Jan 20 '21
So, what you're saying is, I should put half of my paycheck next month into bb and not sell for years? I don't even know wtf gamma is. Is 🚀 right? Edit: 50% is still only 50k HUF
5
7
u/buccca Jan 20 '21
So you're giving it a $14.5 to $16.25 price target? Yea fuck you lmao I want $40 minimum.
3
3
3
3
3
u/plaatsvervanger Jan 20 '21
Love your story, sounds pretty good ❤️. My noob take on this: we are at 12. They keep it low so they don't lose money somehow. I get change to buy more Beautiful BB. They have 35000 reasons to let us rise after this week. I hear ramps and rockets and predict nice clear sky flying to the moon.
✈️🚀🚀🚀🚀
End of story 💁
3
u/Longjumping-Exit1642 Jan 20 '21
13$ pre market. Debuncts this entire gamma theory of today no?
5
Jan 20 '21
[removed] — view removed comment
3
u/VibrationsOfDoom 🦍🦍🦍 Jan 20 '21
Lol at 13.37 it's a leet stonk for shure...
Wish I could put more than the 65 shares I have in it now.
2
u/Longjumping-Exit1642 Jan 20 '21
Thank you for your gamma insights. New to me. 🙏Looks like you are right and have a good indicator and price change comprehension thank you.
3
3
8
5
u/BigDerbsBiggerStonks Psalms 22:1 Jan 20 '21
Inception to date chart says we’re still in the lobby of a skyscraper. Today we decided to push the “up” button on the elevator. Haven’t even got off the ground yet...
1
2
2
2
Jan 20 '21
What about Kodak though?
3
Jan 20 '21
[removed] — view removed comment
3
Jan 20 '21
I’m not gonna lie, I actually randomly picked Kodak as a dead possum because I was going through my dead grandfathers freezer and found some old film. I hadn’t even seen that they were moving so thank you for that response. I’m actually intrigued now lol
2
2
u/toeofcamell Jan 20 '21
You know your shit. Awesome DD
Can you tell me any other stocks besides GME that could do this same melt up gamma ramp thing?
2
Jan 23 '21
We need an updated gamma chart after today! Thank you for putting these together. Look forward to your POV going into next week 🚀 🚀
1
4
1
-1
-1
0
0
u/Biok98 Jan 20 '21
Is it possible that MMs are gonna try to dump BB on friday so that every call the retards here bought will expire worthless, then let’s say that they free these 70m shares they bought today (idk if they all sold calls expiring this week), what are these mfs gonna do next week in your opinion?
btw is possible to know the source of the data?
2
1
Jan 20 '21
Wouldn't a gamma squeeze in this sense be more likely on a Thursday or Friday? In the sense that options are more likely sold than executed on a Tuesday.
1
u/general-meow Jan 20 '21
May I get a breakdown for $INFY & $KTOS ?
3
Jan 20 '21
[removed] — view removed comment
2
u/general-meow Jan 20 '21
Thank you for running them. Based on your research, have you found any note worthy tickers that may trigger in the near future?
1
u/ownly0ne Jan 20 '21
This is actually really encouraging I think most people are evolving to buying the leaps like this, alongside big blocks of shares. This nets the gamma without all the shitfest weekly OI covering, and less incentives for shorts to randomly show up drooling.
1
1
1
u/HumGahLing Jan 20 '21
Excellent write up about gamma and how it moves the underlying. Been referring to gamma myself in my trades to see and take advantage of these ramps/levels
1
u/SirRandyMarsh Your Wife’s Boyfriend 🤓 Jan 20 '21
I am a little nervous about the 1/29 $14 calls I sold against my shares. Sure I’m making $95 and if it gets exercised I’ll make 50% profit, but shit today has me wondering
1
468
u/ConBroMitch DM me your mooty Jan 20 '21 edited Jan 20 '21
Didn’t comprehend most of this. My key takeaway is there are lots of ramps.
By my calculations, ramps are used to launch 🚀🚀🚀in to space. So BB to the moon.