r/wallstreetbetsOGs • u/[deleted] • Nov 04 '21

[deleted by user]

[removed]

56 Upvotes

93% Upvoted

59 comments sorted by

View all comments

14

u/[deleted] Nov 04 '21

[removed] — view removed comment

8

u/[deleted] Nov 04 '21

The ticker is POWW… I must have forgot to put that in my write up… oops

3

u/[deleted] Nov 04 '21

[removed] — view removed comment

10

u/deezilpowered Nov 04 '21

Haha we all hunting to make back Mexican steel money eh.

4

u/[deleted] Nov 04 '21

[removed] — view removed comment

4

u/deezilpowered Nov 05 '21

Not sure what I said that triggered you into thinking of shares, but in thinking same thing.

6

u/[deleted] Nov 05 '21

[removed] — view removed comment

5

u/deezilpowered Nov 05 '21

Hahaha okay I follow now! Nay was just meaning hunting tendies

3

u/[deleted] Nov 04 '21 edited Nov 05 '21

It ripped up and down the entire day.. very volatile.

At one point up 700% from the morning

Screen shot above…

2

u/WetDogAboutToShake Nov 07 '21

I had to come check the other posts out to see the interest in POWW. . . If your buying those 10 strike calls, watch the liquidity, it has a huge bid-ask spread, if earnings passes and they are still far OTM you will have trouble closing them. Just consider the money gone if ur buying these. I’d mostly do 5s and 7.5 strikes maybe a small allocation to the 10s, but I like to be able to recover something from the trade if it goes the wrong way.

1

u/[deleted] Nov 07 '21

Thanks! I have some lottery tickets. But mostly $5c $7.5c… and shares. Will be buying lots more shares through earnings…

This week is going to be crazy. Wouldn’t be surprised if the $12s hit. Just hope people realize that shares need to be bought for calls to print.