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Sorry but I do not gamble with weekly options more than a few grand LMAO. I only have like 10000 anyways can’t risk it all sorry to dissapoint u xD
Sorry but I do not gamble with weekly options more than a few grand LMAO. I only have like 10000 anyways can’t risk it all sorry to dissapoint u xD
I made a few grand of Tesla puts basically betting on Tesla to go down with a financial product called options. They have a strike price and an expiration date. The close u go towards or past the strike price the more money u make. However they expire worthless eventually and therefore time will eat up ur profits of u don’t sell.
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
Puts can’t lose u infinite money. Puts are safer lol u can only lose what u put in unless it’s on margin
I believe it already happened
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
I am today. Just waiting for my price target and if not I’m out today. Either way I’m out
I don’t wanna say until I close my position as to not jinx it. It’s a lot
No need kind stranger. I have a good Amt of money like xxxxx u need it more than me I appreciate the sentiment tho
Yes but be careful most resturants closed
This is very sad. I was at one of their festivals earlier this year and had a jolly old time with my frens.
Yeah it’s actually kind of dumb as hell. You can be a communist and just bet against everything captialism and have it work out for you in 2022. Who knows what next year holds tho.
If you bought put leaps over the summer you would’ve easily 100xed ur money. Sorry mate
Yeah u can do robinhood but be warned 0dte puts are basically scratch offs and are worthless if Tesla goes up or stays neutral. Weekly’s or monthly’s a lot safer. However 0dte puts can easily 10x ur money if Tesla goes down 10% or more in a day. Also if u have 0dte puts u gotta sell when ur up because they are worthless by the end of the day, Basicallt the closer to expiration the option is the more you’ll make on an intraday drop. Inversely if it doesn’t drop intraday or weekly you lose all ur money with 0dte puts. That’s why they called 0 days till expiration. With weekly’s or monthly’s tho it’s not the end of the world of the trend downwards continued.
Of course it’s not. It’s just a good risk I’m willing to take. Look at the hedge fund that got liquidated shorting Luna on a scam wick with too high leverage. Anything bad can happen. I just view this as a great opportunity and I’m totally fine with losing my investment in it ultimately. F to ur nikola puts. I lost a lot of money shorting sol for a while too even tho it’s a clear scam lmao
Depends on ur perspective. They just lost their largest manufacturing plant in the world indefinetly lol on Saturday. The stock is yet to react to this. Elon can’t even manipulate the price anymore with his stupid words it just gets eaten up. Look at thursday aftermarket when he spoke on it tried to pump the price and failed. There’s much bad news to come after this monumentally bad news that just dropped that hasn’t been responded to yet. Weekly’s I agree dangerous. But monthly’s or expiration a couple months ago are going to print money. IF you believe the worst of the news has already happened sure. IV crush high. If you believe the worst is yet to come, I mean look at how they just closed down their largest plant and reduced prices 7500 dollars in desperation, and think things will get worse from here news wise. IV crush actually relatively low to the potential future catastrophic news.
TLDR: me buy anti Tesla stock on a timer. Me make stupid moneys
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.
Which house Does that make hexbear the white claws or the glue huffers or the slithery libertarian sneks or the pea tear griffins
Hello all. I am back