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Do y guys remeber my Tesla put yolo from 2 days ago
Removed by modHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHE. 113.26 as we speak down from 123 this morning
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I've considered shorting Tesla but it's such an irrational stock that it's hard to gauge where the breaking point for his cult will be. I can clearly see its material contradictions and how those will undermine it. Musk counters that through announcing that he's building a magic car that sucks your dick. People buy based on that instead of being sceptical of the failure points, and there's nothing stopping Musk from making an even more outlandish announcement the next day.
Puts can’t lose u infinite money. Puts are safer lol u can only lose what u put in unless it’s on margin
Buying Puts/Calls can't cost you infinite money. Selling them can.
So you're normally paying a risk premium on options. In this particular moment, its lucrative. But - much like with any gambling house - buying options is very easily a losing game long term.
I have learned to only buy options when something dumb is happening. Which is rare. Like how I shorty crypto when something dumb is happening as well. The key is to only trade a few times a year off of cataclysmic events like Luna or usdn depegging or elon musk going insane on Twitter
I mean, if it works then that's great.
I've been burned enough times to be shy when it comes to calling downturns.
I don’t wanna say until I close my position as to not jinx it. It’s a lot
I am today. Just waiting for my price target and if not I’m out today. Either way I’m out
Dis why I’m out today lol. Any good news could squeeze it. Gonna hold a monthly just for shit and giggles but my weekly’s are gone
Will you tell us after so we can bask in your :melon-musk: winnings?
I mined some bitcoin a decade ago with my PC cause I heard about it on the internet, I'm sure as fuck not going to tell anyone to get into crypto
