So basically there are these things called 0dte options which expire worthless on the same day u buy them. Last Thursday my 0dte options went up 1000% in value when Tesla dropped by 10 percent LMAO. Basically its free money at this point to buy tesla puts that expire a week out from now or a month from now at open(9:30 no later not even 9:31). Teslas largest manufacturing plant just closed indefinetly and it was announced Saturday. So it’s literally free money to buy weekly’s puts around 100 strike price. Tesla the company is done for and this is one of the very few opportunities to make dhit loads of money with little risk I shorted Luna and made thousands during the crash. I also shorted usdn and made thousands of that as well. I’m basically a career hater investor and it’s worked out well. If enough people do this elon is literally going to go bankrupt in the coming weeks. Then he will be gone from twitter. I will post my positions Tuesday. Doubling down on my monthly’s on Tuesday at open. Wish me luck. I am doing this for the benefit of society as well as to get to be a neet and never work again:D. If you follow my advice for the love of Christman sell when ur 300% up. That’s my price target atm then I’m gone
Edit: btw don’t panic sell if it goes up. Friday it shot up from 122 to 128 in 5 minutes and my puts lost 70% of their value just like that. And then 10 minutes later it was back down to 122. Don’t sell for a loss. If you go to insiderviz.com u can see the mass exodus of Tesla insiders dumping their shares. Any upwards movement is a scam wick designed to trap the stupid Tesla bulls. Don’t paper hand. Hold it and you will be greatly rewarded. Ofc sell somewhere between 300%-1000% gains. Past that is just pure greed. The dead cat bounce is very possible at these levels. However if you buy monthly’s this is completely avoided and you destroy elon as long as you don’t paper hand.
Oh man the options shills are far flung these days
Usually I wouldn’t advise ppl to buy any options they are generally a scam. However elon is on the hindenberg with Tesla as well and it’s worth to bet against him. I shorted Luna for the same reason. Very rare opportunity to bet against him while Tesla still has 400 billion in marketcap. If I get fucked so be it but I believe in milking the Tesla cow dry and drinking elon tears. Will post updates about it on Tuesday with my positions and the results.
I once believed that about :cryptocurrency: when I understood how it was impossible for the janky clunky energy-wasting thing to actually be adopted by the general population because of how long and how costly each and every transaction already was through the blockchain.
That didn't stop credulous rubes from pumping the damn thing into the stratosphere. Similarly, Tesla produces a tiny fraction of the number of cars as its competitors but its speculative value is still sky-high, even now.
I don't think this is as sure of a thing as you're suggesting, not when the markets can remain irrational a lot longer than we can remain solvent.