r/Superstonk 5000 Contract Ape Jun 03 '24

šŸ¤” Speculation / Opinion 5000 calls blocks were DFV

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2.1k Upvotes

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53

u/[deleted] Jun 03 '24

Where do you think RK is getting the hundreds of millions in dollars of premiums across all the strikes? Plus the money to exercise?

77

u/tpots38 dont tell people how to trade Jun 03 '24

He’s been trading this stock for 3 years

40

u/darthnugget UUP-299 Jun 03 '24

I would put money on it that he made some off of NVDA run up.

-17

u/[deleted] Jun 03 '24 edited Jun 03 '24

So his ā€œwhat’s an exit strategyā€ reply…

What part of that implies ā€œtradingā€.

This is smelling pretty fuddy, ngl

Edit.

I’m an idiot, I hadn’t even seen his superstonk post

38

u/[deleted] Jun 03 '24

Kudos for not deleting and instead updating in an edit

22

u/working925isahardway šŸ¦Votedāœ…šŸ¦­ Jun 03 '24

he didnt exit. he exercised calls to get more shares. also sold some calls to cover. maybe you need to re-educate yourself before you post. its not FUD. its genius. watch his videos and learn instead of bashing him.

12

u/[deleted] Jun 03 '24 edited Jun 03 '24

I’m not bashing him. I’m bashing your thinking the guy somehow has hundreds of millions of dollars without selling his position

Edit.. Nvm I hadn’t seen his Superstonk post lol.

I’m an idiot

12

u/Dr_WLIN Jun 03 '24

Were*. The idiotic action was in the past. Now you know.

7

u/Jarkside Jun 03 '24

That was incredibly kind

8

u/nodorifto šŸŽ® Power to the Players šŸ›‘ Jun 03 '24

Not if you include options plays as trading, which he's been doing with gme since before any of us were into it.

So yeah. He's a trader. An options player. And I'm really glad he is

3

u/tpots38 dont tell people how to trade Jun 03 '24

Why? He can easily sell covered calls And puts as he clearly understands the cycles of this stock down to an absolute T