Amazing finish. That was a nail biter. We only needed to finish above $5, but landing above $5.50 was huge. The volume at the end is what saved us.
Was there a lot of puts that lost money by it staying above $5?
***Squeeze Alert*** ATERIAN ($ATER) - Don’t Sleep!!!
- Thread starter I Really Mean It
- Start date
Was there a lot of puts that lost money by it staying above $5?
I bought 2 shares at $3.80
Absolut da poet ®
Jubilado
Amazing finish. That was a nail biter. We only needed to finish above $5, but landing above $5.50 was huge. The volume at the end is what saved us.
I feel very encouraged by that close
I'm hoping actual hedgers will jump in and really squeeze it or maybe the company will do a buyback if the shorts come thru and it can really break out with momentum..
The roof right now is about $7 but the sky is available who knows
The Prince of All Saiyans
Formerly Jisoo Stan & @Twitter
I Really Mean It
Veteran
Honestly, I’m not too versed on how puts operate, so I can’t faithfully answer that. But, I’m guessing yes?
yea the puts under 4.99 lost their money
Yeah I know that. I was just wondering how many puts closed out of the money and how many calls closed in the money. Is there somewhere I can see that in the options screen?
I Really Mean It
Veteran
How is $7 the roof? I’m reading that $25.5 is where we’ll get before real resistance is met. We also have to remember that this reached $40 last year without any squeeze. With how high short interest and cost to borrow is, this can go much higher and possibly repeat the feat achieved by GME last year when it ran into the hundreds from low double digits.I feel very encouraged by that close
I'm hoping actual hedgers will jump in and really squeeze it or maybe the company will do a buyback if the shorts come thru and it can really break out with momentum..
The roof right now is about $7 but the sky is available who knows
Absolut da poet ®
Jubilado
How is $7 the roof? I’m reading that $25.5 is where we’ll get before real resistance is met. We also have to remember that this reached $40 last year without any squeeze. With how high short interest and cost to borrow is, this can go much higher and possibly repeat the feat achieved by GME last year when it ran into the hundreds from low double digits.
Current roof.. resistance
I fully expect (really hope) it will break out above that next week by Friday
Last edited:
I Really Mean It
Veteran
Kind of nuts how this came out of the blue to generate buzz comparable to what GME and AMC have stirred up. I’m almost tempted to sell some of my GME on Monday and throw it in this.
I have a feeling this is bigger than we think and could surprise us with the price it reaches.
I have a feeling this is bigger than we think and could surprise us with the price it reaches.
Last edited:
All about your risk tolerance and portfolio. It was at a higher price before so could possibly get up there again. I only got 50 shares and 5 calls which should get me more money, but risk what you can afford. Its a good entry below the 6.50 mark but has to pass that before it can really run. Could be next week. Needs a daily close above it. Could reach $20 by end of month if volume and momentum allow it. Earnings on May 16 so definitely gotta keep a close eye on it day or two before if profit needs to be taken. Gotta determine how much you willing to risk and make. Chart looks decent to me.
Uchiha God
Veteran
Kind of nuts how this came out of the blue to generate buzz comparable to what GME and AMC have stirred up. I’m almost tempted to sell some of my GME on Monday and throw it in this.
I have a feeling this is bigger than we think and could surprise us with the price it reaches.
so there’s still potential to make bread with this?