/biz/ - Business & Finance

>buy 200 shares of GME at $12.25
>Immediately sell 2 $11.50 calls expiring tomorrow
>$97 premium
>by writing the covered calls, it's like buying at $12.25 and selling at $12.47 for a guaranteed $22 profit per 100 shares for a total of $44, unless GME goes below $11.50 tomorrow.

Is this a 'tarded or big brain play? I know it's p-nut gainz but they are basically "guaranteed"

GME frens. Help me understand. If all of these short sales are taking place amongst one "group" or whatever, will the "group" only require they buy to cover once? or multiple times for the same shares that were sold short multiple times? Jew trickery must be afoot somehow

>>22794857
you reckon that will happen? i just hope this bitch hold nine bucks tomorrow.

reckon i'll be assigned on my GME $9 puts tomorrow?

alright frens. i realized that i truly am a retard for owning 0 shares of GME. give it to me straight. has this 'tard missed the train or should i market buy this bitch at open and never look back?