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Re: RNsidersbuying post# 83612

Monday, 02/01/2021 3:45:18 PM

Monday, February 01, 2021 3:45:18 PM

Post# of 130331
When call option volume goes through the roof (as in the case of GME where it far exceeded stock volume in terms of 100 shares per contract), that puts a lot of upward pressure on the stock as market makers hedge their short positions in the call options by buying the stock.

Check out the option premiums for GME, AMC and SNDL. They are HUGE, even for just 4 days out .... they all trade the weekly's.

I have a sizable position in SNDL and am 100% hedged. Beware, it's a money losing marijuana stock that's gotten very high, so could crash at any time once the euphoria wears off. LOL

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