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Re: Jimmy Joe post# 139039

Tuesday, 05/07/2024 6:22:31 PM

Tuesday, May 07, 2024 6:22:31 PM

Post# of 140318
I am not a short. I do sell calls against my AMC shares that I temporarily hold in order to sell calls against them and that is bullish move because the person buying my Call wants the AMC share price to go up. Also selling or buying Calls have no affect on the underlining AMC share price.
I find with the AMC share price most of the time wanting to go down that selling their Calls is much more profitable then buying Puts. In a ratio of 95% success selling Calls and 5% success buying Puts that both expire within the same week.
Some of the AMC market makers when they there are more interest in calls then Puts they somehow get the calls to expire outside their strike price as worthless.
If that is not manipulation I don't know what Is?
Right now I am neither a bear/short nor a Bull/long. I am an AMC day trader and nothing more since this stock is not worth holding more than a few hours/days. A $6000 (2000 shares) AMC position can net me $500 at expiration by selling their Calls usually takes a few days to a week at best to hold the AMC shares. Best money ever for this Dog with Fleas AMC stock. I cant complain making profits even with this AMC stock.

GLTY JIMMY YOU WILL NEED IT.

GLTY BUDDY HOLDING THIS STOCK FOR A BIG SQUEEZE THAT NEVER COMES.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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