$GME - Nov 1 Single Day Run

The first Tuesday after monthly options expire there will be some price movement for the entire market due to option T+1 and Share T+2 settlement from Friday's monthly expiries. As always, this will probably be a single day event.

There's a possible downside of $19-21 before anything, or this may be the bottom, up to you to decide. I only know that there will be movement on Nov 1, no idea what happens before or after that. I don't know if this is the correct buy in area, i only know the price goes up on Nov 1. If i knew what happens beforehand i'd be rich.

I'm more confident in the 1'st of Nov than i am for Nov 22.

Comment:

Beware of a breakdown of the price before Nov 1. It's usually a nice way to shake out early buyers. Don't expect the breakout after Nov 1 to continue, it'll likely be a fake breakout too.

So, fake breakdown and fake breakout. Play safe.

Comment:

It begins. I can see this lasting today and tomorrow. It should fizzle the day after tomorrow.

Comment:

This is it, it's either liftoff at these levels or it's done.

Comment:

Nope, it's done. Come back and play again on the next cycle.

Comment:

I might not make a new post for this next cycle. For once i want to keep everyone in the dark and see how people not knowing affects the cycle.