Last week we got to watch the angry young investors invest irrationally making billions of dollars for their favorite hedge funds and the ultra-rich to the tune of 17 billion dollars! Wasn’t that fun? “Ironically, the army of anti-establishment Reddit traders fattened the fortunes of some of the world’s ultra-rich: Chewy co-founder Ryan Cohen added […]
Tag Archives: GameStop
RobinHood Investors Steal from the Poor and Give to the Rich (GME / GameStop)
Posted in Business, Education, Finance
| Also tagged GME, Hedge Funds, options, puts, short selling, stocks, Wall Street
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Selling Short / How a Put Works Using GameStop (GME) as an Example
By Daniel Brouse January 30, 2021 This is a more detailed answer to how puts work using GameStop (GME) as an example: There are two entities. One owns 100 shares of GME. This entity believes the stock price will remain stable or go up. Lets call this entity U. Another entity thinks the price of […]