3 ms·
>The expectation that GME will drop back down to Earth over that timeframe remains priced in. Yea, it does seem largely priced in, but perhaps not completely.
by fairity 6y ago
>The expectation that GME will drop back down to Earth over that timeframe remains priced in.
Yea, it does seem largely priced in, but perhaps not completely. If share price is $60 in 1 year, the ROI on that contract would be 9% -- so slightly better than what you'd reasonably expect an index fund to return. A $60 share price is higher than GME's all-time high prior this fiasco.
- chrchang523 6y agoThe inferior tax treatment of put options relative to index funds also matters. Not tempted.