If people stopped being complete retards in this sub and spent 3 weeks studying how options, gamma, hedging actually works you guys would never be surprised by how much or how little a stock moves on earnings or which direction. You can literally see where they are positioned the day before earnings are released. AFRM today, there was literally no downside hedging it was stacked calls on calls all the way up to, you guessed it 75 dollars. Where did the stock go to on good earnings? Exactly 75 dollars, if the earnings were horrible the downside risk was to exactly 54 dollars. Soun on the other hand had most of the gamma built up between 14-14.50. Downside was to 11-12.50 and upside was around 16.50 call walls. Look at the Soun chart, whipsawed to exactly those walls and then the algos bought back up to pin it to become delta neautral at 14.5 as that was the highest concentration. Options drive the entire market. Not price action, not volume. Options. Price moves based on where dealers have to hedge. Learn how they actually work from a dealers perspective. Tomorrow TSLA + LLY top watch. Calls are stacked and open interest has been increasing all week. Almost no put pressure overnight, obviously that can change in the morning, so watch the net put and call premiums

---

#Ban Bet Lost /u/AxemanFromMA made a bet that SOUN would go to 20.0 within **1 week** when it was 17.195 and it did not, so they were banned for a week. Their record is now 12 wins and 56 losses [**Join WSB Discord**](https://discord.gg/wsbverse) | [**⚔**](https://www.reddit.com/r/KarmaCave/)

---

Anyone else lose about 70% of their gains since August in the past 5 days? The meme stocks absolutely got cratered, every single one of them(ASTS, RKLB, APLD, SOUN, BBAI, JOBY, ACHR, LUNR, OKLO, RGTI, QBTS, etc)

---

Which popular stocks/crypto with high % drop from all-time highs are good buys at current prices? * $BMNR –73% * $RDW –76% * $BTQ –56% * $ONDS –54% * $MSTR –50% * $ZETA –46% * $RCAT –44% * $BITF –44% * $UMAC –43% * $SOUN –42% * $HIMS –40% * $RGTI –40% * $SMR –40% * $OKLO –39% * $ALAB –37% * $QBTS –37% * $OUST –36% * $NNE –33% * $CCCX –32% * $ASTS –32% * $TEM –31% * $IONQ –31% * $RKLB –30% * SOL –30% * $KRKNF –27% * ETH –26% * BTC –22% * $NBIS –20%

---

Soun look at that

---

Soun bragging about being able to order food through your tv with your voice. In what world is this progress? 

---

SOUN and DKNG comeback lol

---

soun going to $1.5

---

Check out soun huge squeeze coming

---

oof what happened with soun? the earnings hasn't been released yet but massive dumping going on

---