Gamestop Corporation (GME)

[janice shell]

And average people are thinking in terms of 6/21 cause that’s when they expire but a person really needs to sell those calls earlier if not a week earlier. Cause time decay starts snowballing days before expiration and it erodes the prices (to where the price evaporates the last couple days)

Exactly. Time decay can be devastating. And if he really wants to exercise all his calls, that will cost him $240 million. Can he raise that much?

He could also roll over the calls, but that would also be risky and expensive.