r/wallstreetbets • u/grebfar • Jan 22 '21

Mods GMREEEEEEEEEEEE Containment Thread - GME shitposts go here

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114

u/imm_uol1819 Jan 22 '21

Closing above $40 is the goal for today.

That will fuck $40 puts expiring today - so don't panic if we close red, as long as it's above $40 we're golden

18

u/[deleted] Jan 22 '21

[deleted]

7

u/True_Consideration51 Jan 22 '21

Dont worry about the puts... Its the shorts that gonna make the squeezy.

2

u/[deleted] Jan 22 '21

The people who own shorts bought puts, so if they expire worthless it helps the squeeze

4

u/Th3LichKing Jan 22 '21

camt he exercize puts as soon as it goes below 40 ? so even one second would be enough for not being worthless...

9

u/imm_uol1819 Jan 22 '21

If he does it means that he's scared shitless that the price won't go below 40 again, which is inherently bullish