To: MulhollandDrive who wrote (167575 ) 1/28/2021 8:01:38 AM From: TobagoJack Read Replies (1) | Respond to of 217740 Re <<melvin >> Given that the word is a verb these days, am wondering who shall be tee-ed up to be Melvin-ed tonight at invitation of the Reddit mob. I any case, following up on this trade Message 33165310 <<NET-NET HAVE EXTRACTED (61 - 29.50 + 3.15) = 34.65 OF GIGGLES >>, I rolled the short GME Call February 5th strike-120 (originally rolled from short GME Call January 29th strike-115) into short GME Call February 19th strike-125, and extorted 2.00 per share (213.94 - 211.94) for the treasury, before going to sleep and before setting up the NOK trade. After waking up, I tried to buy LEAP Puts on GME to lock-in profit and try to get more profit Message 33167800 ... but was foiled from establishing new GME options positions. Failing to do what I needed to do, and flush w/ loot, I acted to close out the GME trade so as to not overstay the welcome and before the law steps in per rule-by-making-up-rules, and ... (1) closed / bought GME Feb 19 Call strike-125 at 249.43, and (2) closed / sold GME Feb 19 Call strike-115 at 255.00 Net-netting 5.57, increasing profit to date to 34.65 + 5.57 = 40.22 per share, risk-less, but obviously underperformed a straight forward equity buy, never-mind a straightforward-er Call buy. Lesson? In a vertical market, just buy any call option and then take a nap. Application of lesson? The one-day NOK trade Message 33168469 and it did not even require the shares to go vertical, and just a gentle tap on the accelerator resulted in free NOK shares, for the hoped for rocket ride. I must try to learn fast, apply learnings faster, test out by giggles, quickly promote to laughs, and hope to graduate to chortles asap.Even more important learning, that ‘they’ can and do shut down the market table by table, and should one’s financial life depend on functioning market in order to adjust risk-stance, one might as well be dead. ‘THEY’ PLAY ROUGH!!! AND ALL IN THE NAME OF “FOR THE GREATER GOOD”. ‘THEY’ CAN AND DO MESS ‘US’ UP JUST FOR A NOBODY NAMED MELVIN.