It seems like buying any options is just giving the “market maker/hedgies” money. With all the crap they’re pulling like delaying buys, routing through dark pools, etc, we don’t really have a chance. I have an option for months out and I’m worried that they’ll still be doing this stuff by then. Seems like we should just keep buying the stock and pause options. At the very least, it seems like any options bought should be deep in the money so it would be impossible for them to short the stock enough to drive the option out of the money. What do you think ?
I mean, bigger risk, bigger reward, but it seems like the hedgies do have full control right now, so just owning more AMC at all times is my preference. I will still buy options to hedge a play, but that’s about it until the system changes big. I mean, if your option call predicts the squeeze it will help us all, but so will buying and holding to a lesser degree, and with more certainty.
I a person buys an option the hedgies have to pay, that is a win. If the option expires out of the money that is a loss. Placing a call option that is out of the money and expires soon is a way to give hedgies money. Buying that same option with a long expiration period is a way of taking their money.
That IMHO is why we lost the battle (for the moment) for $60.01. The hedgies looked at the number of calls in the money at 60.01 and decided it would cost less to drive the price down to eliminate those options being payed out. Instead they were able to use the premiums for the options they caused to fail in order to fund the attacks on the price.
An out of the money call for one or two years out, however, is an entirely different animal. All of those calls will be exercised or traded during the squeeze, and there is no benefit to the hedgies in attacking calls with distant expiration dates.
As always, the best choice IMHO is to just buy AMC and hodl. Then buy one more share and hodl, then buy one more share and hodl.
If 3 million apes bought one share each week then 3 million shares a week would disappear from the available shares. If we could buy ten on average, that is thirty million shares that would disappear from the available amount. I believe that there is not one real, legitimate share being sold anywhere. Each share we buy will have to be purchaced by the hedgie that bought it from the market maker and who must return it. Every share bought from this point onward is worth whatever the buyer is willing to sell it for. Each person will have their very own moon. IMHO.
Playing risky options when they have so much control is just a way to add to their income. I felt worse about that then the actual loss I took on one of my options a couple weeks ago, and it wasn’t even that risky. I just underestimated the tools they had to manipulate.
The longer range options are safer and will likely pay off, but at the same time they don’t need to hedge for them until we get close to that date. So they don’t add to the buying pressure and actually may not add if we squeeze well before then.
Buying real shares and HODL is the pressure we can exert. Options may help make you more money on the road that you can then use to buy more shares than you otherwise would have. This is something I did earlier to add a few hundred that I would not have been able to buy otherwise. But at this point I have one more set of Aug options that I hope to at least make profit off of, and some Dec/Jan options that I expect to sell when they spike. But I REALLY hope the squeeze itself is over well before then. 🙃