Bill Gross made $10 million selling GameStop options

seekingalpha2021-03-17

Legendary bond trader Bill Gross says he bet against GameStop(NYSE:GME)and the Reddit crowd asshares saw their phenomenalrise and fall, eventually netting $10M. “I got in with options like a good ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（6）

dahae
·2021-03-17
need to have 1 mil to invest in the first place
Reply
Like
Report
LACS
·2021-03-17
Great
Reply
Like
Report
Fold Replies
- Jweikit:
  Nice
  2021-03-17
  Reply
  Report
HOTBE
·2021-03-17
Congratulations!
Reply
1
Report
SekharS
·2021-03-17
Continue to up and down for a while
Reply
2
Report
Fold Replies
- Jweikit:
  Nicegood
  2021-03-17
  Reply
  Report
Allvinnnn
·2021-03-17
Oh my gosh
Reply
4
Report
LJW1609
·2021-03-17
Wah
Reply
2
Report
Fold Replies
- capsulefong:
  Amazing
  2021-03-17
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1178066111?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-17 14:56","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1178066111","market":"us","top_or_hot":-1,"title":"Bill Gross made $10 million selling GameStop options","media":"seekingalpha","content":"<div>\n<p>Legendary bond trader Bill Gross says he bet against GameStop(NYSE:GME)and the Reddit crowd asshares saw their phenomenalrise and fall, eventually netting $10M.\n“I got in with options like a good ...</p>\n\n<a href=\"https://seekingalpha.com/news/3673352-bill-gross-made-10-million-selling-gamestop-options\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill Gross made $10 million selling GameStop options</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill Gross made $10 million selling GameStop options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 14:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3673352-bill-gross-made-10-million-selling-gamestop-options><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Legendary bond trader Bill Gross says he bet against GameStop(NYSE:GME)and the Reddit crowd asshares saw their phenomenalrise and fall, eventually netting $10M.\n“I got in with options like a good ...</p>\n\n<a href=\"https://seekingalpha.com/news/3673352-bill-gross-made-10-million-selling-gamestop-options\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://seekingalpha.com/news/3673352-bill-gross-made-10-million-selling-gamestop-options","article_id":"1178066111","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1178066111","pubTimestamp":1615964161,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Legendary bond trader Bill Gross says he bet against GameStop(NYSE:GME)and the Reddit crowd asshares","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"比尔·格罗斯出售游戏驿站期权赚了1000万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"Legendary bond trader Bill Gross says he bet against GameStop(NYSE:GME)and the Reddit crowd asshares saw their phenomenalrise and fall, eventually netting $10M.\n“I got in with options like a good Robinhood trader, I guess,\" Gross told Bloomberg TV.\nGross says he \"got in too early,\" was down by $10M, but eventually came out ahead.\nThe Pimco founder is still in the trade, as well.\n“I’m still selling call options at $250 and $300,” he says. “I think this is the perfect opportunity for options sellers, not buyers, to take advantage.”\nGross says he was short the 10-year Treasury as it sold off and the yield climbed above 1.6% and he is still short 10-year futures. He adds he sees an inflation number that will have the Federal Reserve second-guessing its new policy to let inflation run hot.\n“Inflation, you know, currently below 2% now is not going be below 2% in the next few months,” he says. “I see a 3% to 4% number ahead of us.”\nGameStop closed down more than 5% today, but had been down much more intraday, whileother Reddit favorites like AMC and Koss also fell.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":324102717,"gmtCreate":1615970926239,"gmtModify":1704789083552,"author":{"id":"3560092322694803","authorId":"3560092322694803","name":"dahae","avatar":"https://static.tigerbbs.com/137beae1f6048901843924ba46796740","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3560092322694803","authorIdStr":"3560092322694803"},"htmlText":"need to have 1 mil&nbsp;to invest in the first place&nbsp;","listText":"need to have 1 mil&nbsp;to invest in the first place&nbsp;","text":"need to have 1 mil to invest in the first place","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324102717","repostId":1178066111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324376856,"gmtCreate":1615969915675,"gmtModify":1704789067328,"author":{"id":"3567759391330726","authorId":"3567759391330726","name":"LACS","avatar":"https://static.tigerbbs.com/e7b1c9adf4bf27d86812b859d1f237c1","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3567759391330726","authorIdStr":"3567759391330726"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324376856","repostId":1178066111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3817455,"gmtCreate":1615984496509,"gmtModify":1680780720443,"authorId":3571822130411286,"author":{"id":3571822130411286,"idStr":"3571822130411286","authorId":3571822130411286,"name":"Jweikit","avatar":"https://static.tigerbbs.com/b483f2ee96e5c438b841f3c0a8e4ccdf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324376856,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":324329033,"gmtCreate":1615966767623,"gmtModify":1704789022312,"author":{"id":"3576325295778787","authorId":"3576325295778787","name":"HOTBE","avatar":"https://static.tigerbbs.com/4f535d0d25c5b9833a0f75cd652fbbcd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576325295778787","authorIdStr":"3576325295778787"},"htmlText":"Congratulations!","listText":"Congratulations!","text":"Congratulations!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324329033","repostId":1178066111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324368770,"gmtCreate":1615965742090,"gmtModify":1704789012556,"author":{"id":"3577756382310448","authorId":"3577756382310448","name":"SekharS","avatar":"https://static.tigerbbs.com/a3cf060bea92d562b2f8dab5564af02f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577756382310448","authorIdStr":"3577756382310448"},"htmlText":"Continue to up and down for a while&nbsp;","listText":"Continue to up and down for a while&nbsp;","text":"Continue to up and down for a while","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324368770","repostId":1178066111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3817458,"gmtCreate":1615984507832,"gmtModify":1680780722184,"authorId":3571822130411286,"author":{"id":3571822130411286,"idStr":"3571822130411286","authorId":3571822130411286,"name":"Jweikit","avatar":"https://static.tigerbbs.com/b483f2ee96e5c438b841f3c0a8e4ccdf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324368770,"type":1,"supId":0,"prevId":0,"content":"Nicegood","text":"Nicegood","html":"Nicegood"}],"langContent":"EN"},{"id":324368801,"gmtCreate":1615965617003,"gmtModify":1704789012070,"author":{"id":"3569744362079614","authorId":"3569744362079614","name":"Allvinnnn","avatar":"https://static.tigerbbs.com/98e403cb9c50c45dea81dc989c3d88bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569744362079614","authorIdStr":"3569744362079614"},"htmlText":"Oh my gosh&nbsp;","listText":"Oh my gosh&nbsp;","text":"Oh my gosh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324368801","repostId":1178066111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324361482,"gmtCreate":1615965474946,"gmtModify":1704789010931,"author":{"id":"3577489264152975","authorId":"3577489264152975","name":"LJW1609","avatar":"https://static.tigerbbs.com/a3608fe9a02d0805427f5a68593c03d7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577489264152975","authorIdStr":"3577489264152975"},"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324361482","repostId":1178066111,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3816082,"gmtCreate":1615973892058,"gmtModify":1680780695932,"authorId":3576880831453882,"author":{"id":3576880831453882,"idStr":"3576880831453882","authorId":3576880831453882,"name":"capsulefong","avatar":"https://static.tigerbbs.com/25f18e70d07b538bd6b81cf112a09cde","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324361482,"type":1,"supId":0,"prevId":0,"content":"<u>Amazing</u>","text":"<u>Amazing</u>","html":"<u>Amazing</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":10,"commentSize":6,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}