DISCLAIMER: This is not financial advice. Please do your own research before investing your money.
I see a lot of posts about the drop from $36 to $26 this Friday, but I haven't seen any decent posts explaining what exactly happened. So that's what I'll be trying to do in the next 5 minutes of your time. Strap in!
First of all, no, it wasn't a planned attack by a big hedge fund to create fear and make people sell off. They can still cause flash crashes (free discounts for us!), but they can no longer stop us from going to the moon.
This doesn't mean there's isn't any shady stuff going on in the background, but that it is just not the reason behind yesterday's drop. Instead, it has to do with the basic fundamentals of options trading and market makers.
(You can skip this part if you know how options work)
DISCLAIMER: This is very basic stuff. Please do not start trading options if you don't know what you're doing.
There are two types of options: call and put options. I will explain how call options work, because put options work identical, just the other way around.
If you don't know the basics of options (calls, specifically), here's a very short explanation;
>' Call options are financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period. '
Which basically means that a call option allows the holder of the contract to buy 100 shares at a specific price, called the strike price. So for example: You buy a call option with a strike price of $20. If the price of the stock raises to $22, the contract holder can buy 100 shares for $2000 and sell them right after for $2200, with a profit of $200. The call option is now In the Money (ITM). If the price goes below $20, the contract is useless, which is commonly referred to as Out of the Money (OTM), and the holder loses whatever they paid for the contract, which is called the premium.
Options have expiry dates. This is the date that contracts expire, which means the trader is required to either exe... keep reading on reddit ➡
The Carlsberg AKA Carl Hagberg nod was cool and all, but we missed the juice of it, which was sitting right in front of us.
u/WardenElite and all our crayon wizards keep talking about triangles and wedges. So I deep dived into it.
This is the Wikipedia entry for triangles:
A triangle is a polygon with three edges and three vertices. It is one of the basic shapes in geometry. A triangle with vertices A, B, and C is denoted △ABC.
And what is the Alphabet’s stock ticker?
Google, alright, but what about Google? Why is GameStop talking about Google? What breadcrumbs did they leave for us? So it got me thinking...
The astronaut in the picture is clearly in space. So why the fuck does he have a beer he can’t drink? If he takes off his helmet then he's dead. BUT WHAT IF it wasn’t a beer, and instead it was a clue! It’s pointing up! What didn’t Google do today? It didn’t go up! So much red!
Because ad growth is slowing. And everybody knows that the Asian markets are the largest source of advertisement revenue in the world. And who owns the Asian markets? ASIAN MONEY.
That’s right. The GameStop social media team just gave us Citadel’s Achille’s Heel. They told us to stop, relax, and just trust the mayo and we’ll all be on the moon soon.
Thank you for coming to my TEDxTalk.
Admittedly, Im All in GME. But really wanted to say congrats on the 20% increase, very impressive Diamond Hands. Keep it up and GME Apes will meet you on the Moon or Alpha Centuri.
Edit: thank you all for the kind comments <3 absolutely, Ape help Apes, always has been.
Please save the medals for more amc shares and let's make a positive impact to society to help those who can't stand up for themselves <3
Lol, i love this coin. Swole doge! They redesigned the website, looks sick. https://www.swoledoge.biz/
They got audited, and got cmc/cg listings coming soon (i know, everyone says that, but the team has gotten their previous coins on both and seems they know how to actually get listed) Their stuff is hilarious too, look:
Swole doge wants to pump your wallet, are you gonna let him or you gonna keep being a weak little regular doggo? Regular doggo apes into crappy coins and rugs, then cries while Swole Doge only buys coins that go parabolic. STOP BEING REGULAR DOGGO!
Look, you’ve seen other reflection tokens, you know the deal. 10% tax (set your slippage to 11% or higher), 8% goes to liquidity and 2% is split to hodlers. Why did we choose those numbers? CUZ IT FUCKIN WORKS! A 10% tax punishes people who try to paper hand or swing trade. Putting 8% of it to liquidity helps stabilize the price (fuck you, whale price manipulators!) 2% gets split to reward all our swole hodlers. We did the research, these numbers work best for maximum pumpage, period. It’s real simple, you buy, you hodl, you make money. Stop overthinking it.
Beast mode marketing. We got everything lined up, twitter, youtube vids, tiktoks, reddit.. You name it, we’re probably doing it.
Coingecko/CoinMarketCap application and listing. We applied already, and Swole Doge himself is talking to them to push it through faster.
Website visual updates. Swole Doge told us we needed to get this coin launched ASAP, so we got our webguy to just get a website up. This isn’t even our final form.
Logos and verification on PCS, BSCscan, Trust, etc.. These things can take a little time, cause the other sites are lazy and take forever to update, but we promise it’ll happen soon.
Reaching 5,000 holders. Swole Doge told us we had to spread the wealth to the masses. He speaks, we listen.
Contract: 0xf4bd4f939b9030700726f13adb7980238ea34689 Website: https://www.swoledoge.biz/ Telegram: https://t.me/SwoleDogeToken Ownership renounced: https://bscscan.com/tx/0xe0f34c72734b94331fc45defdd3cda51e712ed8b2af1f063179ed29d1a81c03a
Ok so in order to get any moons ever from this sub you need to open your reddit vault.
In the app at home screen pull from left and access the vault, then open.
Once done if you make a comment, others can tip you moons.
I see many new faces and older faces with no vault. I often want to send 1 or 2 to help get someone off 0 but cant.
Open vaults to receive moons
Edit: kinda spent almost 2 and half hours giving moons out. Its 3:26am now so have to try and sleep. (For real this time). P.s 3.48 phone buzzing like nuts and im not dozing yet. Ill distribute some more tomorrow . anyone wishing to help me can rest assured it will be redistributed.
10 moons from u/its_ya_boi_wulf
50 moons from u/tfren99
60 to be distributed minimum (amounts will have to be 1 each to maximise payout) those in yesterday were lucky and more active i guess. Cant believe it sorta became a thing now
Alines moon is ready for its Journey to Aliens World , Discover the next step in evolution. It is a deflationary Token on BSC with ultra-fast yield generation , Alien Moon protocol is a community driven token. Amoon is native token.
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2% Redistribution reward to holders
1% Burn on every transaction
2% Auto Liquidity
1% Alien fund , every day fund will be given to one lucky Alien
All users who will join presale will be eligible for this contest. Just hold Aliens tokes and get BNB as rewards. 10 lucky participants will be selected..
Presale is on 4th June 12 PM UTC on Dxsale
Contract : 0x580ce768646d718d384fcdeb093d443074defed7