GameStop
Long
Updated

$GME - Another one

Hi guys,

Seeing a ton of short covering in the last 2-3 weeks for GME in my data.

What i expect to happen:
To keep things simple, i estimate that there will be about 30 days of $22-27 on GME, more likely on the lower end of those prices, then a 11% price increase around early early to mid march, a small drop from profit taking and possibly another 12% price pump mid-end March.

The reasonable thing to do is to wait for you guys to drop it to $22-$23 range before buying in.
imgur.com/a/FvPfrGC


The trade:
Not entirely sure from where the +11% pump will start, it could be from 22, 25 or even 27. Due to that i'm buying at $25 call expiring in around 45 days from today and then another one once you drop it to $22 ish. Basically ATM calls expiring before GME earnings as that seems to be the timeframe for what i see in my data.

Will update this if the data changes excessively due to strange and excessive buying/selling caused by this post that may skew this play.


Other:
My AI training on this is still in progress. Will announce my website that uses my strategy on trading GME and a lot of other tickers soon.
Trade active
My AI was able to capture the move and suggested the following trades several days in advance.
imgur.com/a/akZLFbD

Other than that, in my more traditional data, i see weird stuff i can't really explain. Only seen moves like this when a massive move is imminent within days or when a a small insignificant pump happens and then corrects back to normal. I can't tell what is what to be honest which is why i made the AI so i can get clearer signals than have to figure out what's happening by eye.

So for now i'll be waiting on changes reported by my AI. Meanwhile i'll stick around in the trade until my AI tells me not to.

Disclaimer