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.
I've never invested before (red flag) but I've thought about the ethics of this. I wanted to borrow some money from wealthy relatives and short tesla stock back in the summer. I don't know exactly how it works, but at this point it's obvious I would have come out on top if I had gone through with this. I googled "does shorting stocks destroy capitalism" and found a bunch of articles from like 2008 pleading with people to stop doing this to save the economy. As Marxists all we need to do is target over-valued meme stocks and we should come out on top, reinvesting some of the money in shorting other meme stocks while also donating to mutual aid.
edit: if there's a big stock market selloff in the coming weeks the government will probably just bail out companies like tesla, in which case we would be fucked.
If you bought put leaps over the summer you would’ve easily 100xed ur money. Sorry mate