Quote Originally Posted by Not_A_Llama View Post
Terrifying shit that will end in tears for retail investors.

Was surprised to see GME as easy to borrow. I?d short the piss out of it, but with 100% maintenance, I get better ROI and size with extreme OTM puts. Went long April $5 puts, targeting 350-400% if underlying drops to $20-40, with ~500% IVOL.
I guess I am confused how you make money on a $5 put when underlying drops above the strike price. Will the options value alone move that much?