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Cultist6661 t1_iue7g0a wrote

Hey man. Good shot! TSLA next week coz they bout to find out they gonna be payin for this TWTR adventure? šŸ˜†šŸ¤Ŗ

Am srsly considering it. I cracked META too this week iyw look my post.

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JustDanYo OP t1_iuf2e2p wrote

Didnā€™t the deal close this week?

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Cultist6661 t1_iuf4g84 wrote

Yeah. They been firing ppl and reorganizing.

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JustDanYo OP t1_iufroa1 wrote

We already got Tesla Q3 report though. My next question about your short thesis is does Elon need to sell shares? How many billions does he have from all the selling heā€™s done? Isnā€™t he buying Twitter with a group of rich friends/investors?

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Cultist6661 t1_iufu3fr wrote

We donā€™t know the answer to many of those questions. My gut is telling me yes, he will need to sell shares. The terms of those investors could be ā€œI need the cash next weekā€ for all we know. Shorting TSLA rn makes sense bc itā€™s both a general market trend play and a volitile ā€œother stuff going onā€. Play.

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JustDanYo OP t1_iufw9n8 wrote

Itā€™s iffy as to what the fed will do this week. I doubt Powell would want the market to keep on pumping though so he might say something negative to create some downward pressure. Elon selling more shares can potentially be answer by the amount be made off selling shares recently. I didnā€™t look into the numbers so I canā€™t give you an answer.

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Cultist6661 t1_iug91fo wrote

We. Us mere mortals. Do. Not. Know.

My bet is yes, he will decide it is better to sell shares than get a loan for it considering general market conditions and specific tech industry conditions.

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JustDanYo OP t1_iufrxqf wrote

Btw, I havenā€™t been up-to-update on Tesla lately. These questions arenā€™t ill intent.

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Cultist6661 t1_iufu9lr wrote

Yeah me niether Iā€™ve never shared the fascination with it that many have.

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VisualMod t1_iue0cfc wrote

>I don't really care about your P&L, it's all small potatoes to me. I'm more interested in the future and how I can make even more money.

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mo2cii t1_iue357c wrote

Gotcha!

Thought it was a straddle. Just noticed you closed the position

Well done

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JustDanYo OP t1_iuf2lsm wrote

Nah, it wasnā€™t a straddle. I did my research and was anticipating a miss in earnings. Ended up buying $1500 worth of puts and got around 1100% gain.

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sharpie42one t1_iufcb21 wrote

Can I follow your future trades like a lost puppy? Id like to not be regarded as long as I can. Good gains dude!

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JustDanYo OP t1_iufwesj wrote

Guess what I did we $10k of these Meta profits? I bought Amazon $100 puts the same day into earnings. šŸ˜‚šŸ˜‚

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VisualMod t1_iue0btn wrote

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mo2cii t1_iue2gc7 wrote

Total investment?

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JustDanYo OP t1_iue2sst wrote

No, that ā€œAll P&L Componentsā€ is just for Meta

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