WOW 5 - Down to the Wire
Good Morning Everyone,
Well, I am glad the price is finally starting to move. I expect a great earnings.
From my last post I had sold the $23C for yesterday. I sold it before the price climbed so only got a little over $16 in premium. I was a little worried when it broke $23 and considered rolling out. However, I know we typically will pop M-W and then fall back down by Friday.
I held out and let theta decay. I didn't want pin risk so I bought back around 13:00 Friday to close. I also cancelled my $23 sell order for my 30 shares to see if I can get a better price next week.
I am considering selling an OTM call on Tuesday while IV is high to get the most premium. But I am debating waiting until Wednesday. On one hand IV will crush, but on the other price will be higher. I think I will just wait and see how things go. Either way, good luck to everyone!
The last month's transactions are below and I decided to make a chart showing the performance. It shows cash value, equity value, total value, and GME price at close when transactions were placed. Let me know if the chart is useful or not.
Thanks!
| DATE OPEN | SECURITY | EXPIRY | SHORT/ LONG | STRIKE | QUANTITY | NET INCOME (OPEN) | DATE CLOSED | NET EXPENSE (CLOSE) | GAIN (LOSS) | SHARE COUNT | COST BASIS (TRANSACTION) | ACCOUNT VALUE | CASH BALANCE | EQUITY VALUE | GME PRICE(OPEN TRANSACTION) | GME PRICE (CLOSE TRANSACTION) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 07 November 2025 | CALL | 21 November 2025 | SHORT | $23.00 | 1 | $41.39 | 11 November 2025 | ($23.61) | $17.78 | 130 | $0.00 | $2,960.96 | $172.46 | $2,788.50 | $21.50 | $21.45 |
| 11 November 2025 | CALL | 21 November 2025 | SHORT | $22.00 | 1 | $45.39 | 14 November 2025 | ($18.61) | $26.78 | 130 | $0.00 | $2,885.04 | $199.24 | $2,685.80 | $21.45 | $20.66 |
| 19 November 2025 | CALL | 28 November 2025 | SHORT | $21.50 | 1 | $21.39 | 24 November 2025 | ($7.61) | $13.78 | 130 | $0.00 | $2,876.72 | $213.02 | $2,663.70 | $20.42 | $20.49 |
| 26 November 2025 | CALL | 05 December 2025 | SHORT | $23.00 | 1 | $16.39 | 05 December 2025 | ($4.61) | $11.78 | 130 | $0.00 | $3,214.80 | $224.80 | $2,990.00 | $21.63 | $23.00 |
Posted Dec 6, 2025, 6:20 PM UTC