system
A chat on subreddit /r/wallstreetbets
human
Explain this to me like I’m someone with no stock market experience but has $500 to burn or make money with
gpt
You may choose to buy calls that have a strike price above the current stock price, expiring on any Friday. 

The further out they are, the more expensive, but also "safer" because the time to expiry is part of the cost. 

*If* it moves enough you can then sell your calls to someone else and pocket some money. They don't even need to be in the money, and the stock doesn't actually need to shoot up, it can just become increasingly volatile and you'll still possibly make money. 

How far out of the money you want to go is up to you, obviously further out being riskier, but with more potential upside. A Call at $50 is going to be dirt cheap, a call at $8 will be considerably more expensive. But if it does explode that much, you would make way more profit on the higher strike. 

And if it goes up more but doesn't pop, the $8 calls will still probably go up (time to expire, volatility, and the strike to actual price difference can move this in ways that may not be intuitive) and you'll make something. 

It could also go sideways or down and you lose. 

So if you want to be careful, either just assume you missed it or don't go too far OTM. If you think you'll strike gold, go wild. Since you are willing to burn the cash, well, figure out how hard you're willing to bet and good luck. 

You'll probably want to go a couple weeks out, and since it has been moving all week, you'll have less opportunity to make money (due to IV being higher and time to expiry being lower). 

In my experience if you're trading options you need to shut your emotions off or you will almost assuredly lose it all. So you do truly need to be willing to burn that money. 

This ain't advice and also this is gambling. So do with that what you will. It could be over or it could be just beginning or it could be a sign that eventually it'll move but if you try now you'll be too early for a big pop off.