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Old 03-09-2021, 08:11 AM   #821
BishopMVP
Coordinator
 
Join Date: Oct 2000
Location: Concord, MA/UMass
Quote:
Originally Posted by sterlingice View Post
I've been reading way too much of this yesterday. I had a bad dream that I bought stock options and had no idea what I was doing and lost thousands of dollars. Fortunately, Fidelity does not allow me to do this.

That said, I was reading about options last night because if I could make a bet on GME hitting $200 sometime before the end of the week, it would have been easy money, I think.

A) Options are a very, very dangerous thing - especially with high IV stocks like GME. Stock could go up and you'd still lose money due to theta decay.

B) I have also been researching this, and we'll see if they grant it but I did apply for L2 options trading through Fidelity! (Btw idk if you know but if you're on Fidelity you can get access to pre/AH trading as simple and quickly as filling out a waiver under settings. Definitely worth it imo, especially with a stock like this that has occasionally shown massive movement outside of 930-4.)
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