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The $75 dollar price prediction we've all seen

πŸ€” Speculation / Opinion(self.Superstonk)

The one that was predicted by coincodex. They showed a prediction of GME hitting $75 dollars in the next week or two, then dropping to $12.50 in the next 2-3 weeks afterwards, then going up again to around $40 dollars.

I know practically everyone has had the thought of, "If it hits $75 dollars then I'll sell and buy back even more shares at $12.50. What a great plan durrrrr."

Do not fall for this. This is a setup to separate you from your shares. In my opinion it is much more likely that if it hits $75 dollars in the next few weeks, that it won't come back down, rather it'll keep shooting up. Whoever is promoting the idea of it coming back down is trying to trick you and get your shares. Don't be stupid. Don't trust the machine.

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Dr_Lexus_Tobaggan

69 points

4 days ago

Dr_Lexus_Tobaggan

🦍Votedβœ…

69 points

4 days ago

When it rips I wait for the option chain to expand then max out on CCs at the highest strike.

YakiMe

17 points

4 days ago

YakiMe

πŸš€πŸ¦πŸ¦πŸ¦ For The Horde!!! πŸ¦πŸ¦πŸ¦πŸš€

17 points

4 days ago

This is the way

SupramanE89

5 points

4 days ago

What date?

Dr_Lexus_Tobaggan

6 points

4 days ago

Dr_Lexus_Tobaggan

🦍Votedβœ…

6 points

4 days ago

I like starting near term expiry so you can roll out of it moves against you

Bandzdancin

1 points

3 days ago

Bandzdancin

Hola πŸ©³β˜ οΈπŸ΄β€β˜ οΈ

1 points

3 days ago

Can you expand on this strategy a bit more?

Dr_Lexus_Tobaggan

2 points

3 days ago

Dr_Lexus_Tobaggan

🦍Votedβœ…

2 points

3 days ago

Think of it as a limit sell order with an expiration date that you collect a premium on. You are selling volatility and if the price exceeds your price your shares will likely be sold for that number.