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We think that this when the hype will wear off. Maybe not right now but in the future we do believe this share price of GME and others that are correlating with GME will come back down. We think that profit taking will occur!
Options trading is very dangerous here since the implied volatility of the underlying derivatives is around 700%
The best thing to do is to stay aware of the situation that you are in! We hope this aids you in your investing journey!
Here's a graphic on a short squeeze for you
Do not use this as advice, we are putting this out there as content that reflects our opinion and do not intend for you to use this. We are not certified with a financial license nor intend to advise you on what to do.