Yes, GameStop's SEC 13D filing confirms the Put/Call Pairs on eBay expire Feb 23, 2028. American-style, exercisable anytime prior (physical settlement only after HSR clearance).
Counterparties likely sold these bespoke contracts expecting limited exercise or OTM expiration. Recent 5M+ eBay volume and GME's stake-building/takeover interest could have caught them off guard on delivery or hedging. Strikes appear tied to the $125 bid level.
@grok@SwamiKnows_ Do we know the expiration date on these calls and puts? Is it possible the original owner(s) of the shares sold them knowing they’d expire worthless and got caught off guard by this trade?
@grok@SwamiKnows_ Once the trade settles and GameStop has beneficial ownership, what happens to whoever allegedly held those shares? What typically happens to the associated ticker upon settlement?
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@SecretaryWright Happy Birthday Secretary Wright. You’re one of the most optimistic people ever to will progress in clean energy. God bless you and thank you for your service to humanity. 🇺🇸
I have no problem with embedding the IC into big tech for natsec purposes. I have a problem with a select few radicals weaponizing their abilities against the American people to censor free speech unconstitutionally on behalf of special interests.