129 Maybe because they only covered 8% of their shorts. (i.imgur.com) posted 75 days ago by We_Like_The_Stock 75 days ago by We_Like_The_Stock +129 / -0 8 comments share 8 comments share save hide report block hide child comments Comments (8) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 2 ▼ – Staatssicherheit 2 points 75 days ago +2 / -0 Buy back short shares matters much less than buying to cover options. What's the open interest on uncovered calls? permalink save report block reply ▲ 1 ▼ – We_Like_The_Stock [S] 1 point 75 days ago +1 / -0 I agree that naked options are much more risky, but we aren't going to take down hedge funds by exploiting naked options, since the hedge funds are not very exposed to options compared to stocks. Just hold and wait for Wall Street to burn. permalink parent save report block reply ▲ 1 ▼ – AgentGTO 1 point 75 days ago +1 / -0 Now when you guys are saying to hold, are you talking about holding actual shares of GME or options or both? permalink parent save report block reply
Buy back short shares matters much less than buying to cover options. What's the open interest on uncovered calls?
I agree that naked options are much more risky, but we aren't going to take down hedge funds by exploiting naked options, since the hedge funds are not very exposed to options compared to stocks.
Just hold and wait for Wall Street to burn.
Now when you guys are saying to hold, are you talking about holding actual shares of GME or options or both?