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Gelium
Jun 9, 2021 9:12 PM

AMC, GME & other stocks: Pumps and dumps WallStreetBets (WSB). Long

AMC Entertainment Holdings, Inc.NYSE

Description

WallStreetBets (WSB) pumps usually end up losing 80% of their growth within two weeks. You can consider buying put options for the dump phase. Unfortunately, the popularity of the WSB makes options often too expensive:

Long Put: Buy 1x 25th Jun $35,00 Put @ $4,65
Entry cost: $465,00 (debit)
Maximum risk1: $465,00
Est. return1 at target price: $535,00 (115.1%)
Probability of profit: 18.9%


The current pump AMC is interesting in that on call options a strike 40 was previously designated as a level above which the price would be raised:

AMC Options OI.

At this time, there are pumps at many actions, in which the members of the WSB community got bogged down. In this idea I will post examples of pumps and dumps of the WSB community. If the topic is of interest, I will supplement it.

In the long term, the topic of pumps can be profitable for the following reasons:

  • [Pumps and dumps will continue as members of the VSB community got bogged down in these promotions.]
    [Through options, you can get a fairly large profit if you keep up with the pump and dump on time.]

Comment

Current pump on other stocks:



























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AMC expiration summary on June 18: gelium.net/forum/index.php?topic=1501.msg16308

Before expiration, some of the call options were sold - from a maximum of 597K, open interest dropped to 395K. Level above 40, held. The main volumes of options were taken on strike 40. Well done. As they decided, they did so. The remaining call options will receive AMC shares. For the next expirations, less volumes are taken. Perhaps after expiration on June 18, the pump will end and a downward correction will begin. Since WSB has a lot of shares, the next pump of AMC shares is already planned. So to be continued. :)

Comment

gelium.net/forum/index.php?topic=1501.msg16309

GME, CLOV, BB, BBBY - there are good volumes for the next monthly expiration.

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Screenshots with volumes of open interest:

gelium.net/forum/index.php?topic=1501.msg16310

TLRY - while the volumes are not as large as before, but there is still time until the next pump. They are confidently buying options for September.

CVM, GNUS - the volume for the July expiration has been accumulated. It is possible that they will pump before the expiration of the options.

GOEV - gaining volume. Perhaps the pump will be closer to August.

MVIS - volume typed.

PLTR - the stock grows well even without pumps. With a pump, it can take off. The largest volume is taken for August so far.

SNDL - the main volumes were collected for expiration on July 16. But they also gain on weekly expirations. Stocks and options are cheap, so pumping is easy and enjoyable.

RKT - gaining volume. Perhaps the pump will be until July 16.

Comment

Results of the last WallStreetBets pump.

AMC:



BB:



GOEV:



GME:



WOOF:



WISH:



CLNE:


The price did not drop by 80%. Many shares remained with the WSB community. Therefore, pumps will be in the future.

CLOV:

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CLNE:



CRSR:



SNDL:



BBBY:



KOSS:

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MVIS:



NOK:



RKT:



UWMC:



CLF:

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WKHS:

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There is a large open interest in options for AMC, CLNE, SNDL, WISH, CLOV, BB, NOK, BBBY, GOEV shares. It is possible that there will be pump attempts until July 16.
Comments
cpuk2017
Add CLOV and CLNE to the list.. also believe WISH and WKHS are running with these. Didn't realize SAVA was a WSB pump.
Gelium
@cpuk2017, Thank you. Added examples.
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