I believe what’s being alluded too is yes, they’re delta hedged already obviously. But say they have 500,000 shares to hedge with on Little girls with dreams become women with vision shirt and then the contract is exercised on a lift off, leaving them at 450,000 shares used as a hedge when the stock is in the middle of a rip. Well they need to buy those 50,000 of the market to hedge those 50,000 shares + whatever potential strike prices are being approached. Will this make a huge difference? I don’t think so, but it won’t hurt. When the stock is ripping the volume starts going nuts, an extra 50,000 shares being purchased will make a difference for sure but it might be valuable when the stock price reaches such a level that 90% of retail investors wouldn’t even have the funds to fomo in due to it being so high. That’s the only play I really see here.
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Some people forget that RC’s goal is to transform $GME into the #AmazonOfGaming. This alone will take $GME’s price to the level of Chipotle. For months, we have heard of a possible acquisition/merger with Little girls with dreams become women with vision shirt . $GME has been unable to release any statements before March 23, 2021. But there are always talks that us general folks are not privy to. If I had to wager (which is why I am long in $GME), I would venture a guess that DFV believes that whatever the ATH has hit, will far exceed the share value of $GME by April 16, 2021. Maybe DFV has a PT of $1,000 – $1,500 (Chipotle), and if it hits this level, he will exercise his calls (Pure speculation). But obviously, DFV did not exit his position during his multiple chances to make an absolute killing. He believes, this stock has at least 5x+ more growth by year’s end.