Reputed CNBC report Shares of K-pop agency plunge 9% after Blackpink member reportedly rejects contract renewal

With BP YG would literally be nothing until maybe BM and that isn’t even assured. They would be stupid to let them go. Hell offer the members a share of the company if that’s what it takes and total creative and scheduling freedom

Perfect time to buy

oh wow. CNBC isn't known for reporting unfounded rumors afaik, so there must be some substance to the reports...

We are still discussing contract renewals with Lisa. The rumors that are going around are nothing that is confirmed.

Quote from justscrolling

Perfect time to buy

Imagine buying up now and the news hits they all renewed

CHA CHING

Quote from AyanEva

oh wow. CNBC isn't known for reporting unfounded rumors afaik, so there must be some substance to the reports...

The report is exaggerating tho, bc the naver article (multiple ones) mention yg stock drop bc there been no confirmation of bp contract in general. It's post on naver as of now

Deserved

Quote from killingtime1934

The report is exaggerating tho, bc the naver article (multiple ones) mention yg stock drop bc there been no confirmation of bp contract in general. It's post on naver as of now

Ooohhh. I see. So the CNCB article has combined the actual news with the earlier rumors.

I don't need the rumors to be true to profit!

Keep those doom articles coming

Like Warren Buffet said "be fearful when others are greedy and be greedy only when others are fearful"

Just do a long straddle option strategy. YG shares will move significantly up or down depending on the decision.

You benefit either way.

Again "reportedly"

Quote from VanDamme4Life

Just do a long straddle option strategy. YG shares will move significantly up or down depending on the decision.

You benefit either way.

Yes because this form is full of people who knows what a long straddle option strategy is and also have access to the trade options in YGE.

Quote from VanDamme4Life

Just do a long straddle option strategy. YG shares will move significantly up or down depending on the decision.

You benefit either way.

Never thought I'd see talk of options trading on AKP.

I'm feeling a little more aggressive than a risk adverse play like that though

Quote from BEG4DAWIN

We are still discussing contract renewals with Lisa. The rumors that are going around are nothing that is confirmed.

Translation:

Negotiations with Lisa is not going well.

Quote from YamaChwan

Never thought I'd see talk of options trading on AKP.

I'm feeling a little more aggressive than a risk adverse play like that though

Risk averse? I guess it's way less risky than outright shorting the stock or even buying shares...but arent long straddle options strategies fairly pricey since you're buying both the call and put at the money instead of buying cheaper ootm options? And implied volatility might have already spiked which would make these options even more expensive relative to historical patterns...

Already bounced back to its price earlier yesterday. People are playing games with YG's stock.

Quote from BlackpinkHouse

Risk averse? I guess it's way less risky than outright shorting the stock or even buying shares...but arent long straddle options strategies fairly pricey since you're buying both the call and put at the money instead of buying cheaper ootm options? And implied volatility might have already spiked which would make these options even more expensive relative to historical patterns...

I only meant risk adverse in the sense that I would go all in on one side of the market without using any kind of hedging strategies like straddles. Which was just me throwing caution to the wind.

Honestly, trading on any foreign exchange (which I'd have to do) is already pricey in itself due to the fees and taxes foreign investors have to deal with

Quote from hammerstan

Already bounced back to its price earlier yesterday. People are playing games with YG's stock.

-69% incoming on Monday 💯