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AutoModerator t1_iue0bby wrote

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VisualMod t1_iue0btn wrote

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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_iue2gc7 wrote

Total investment?

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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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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? 😆🤪

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

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JustDanYo OP t1_iuf2lsm wrote

Replying to mo2cii (#349,234)

Nah, it wasn’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_iufroa1 wrote

Replying to Cultist6661 (#356,886)

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 he’s done? Isn’t he buying Twitter with a group of rich friends/investors?

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Cultist6661 t1_iufu3fr wrote

Replying to JustDanYo (#362,303)

We don’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 “I need the cash next week” for all we know. Shorting TSLA rn makes sense bc it’s both a general market trend play and a volitile “other stuff going on”. Play.

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JustDanYo OP t1_iufw9n8 wrote

Replying to Cultist6661 (#362,936)

It’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 didn’t look into the numbers so I can’t give you an answer.

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Cultist6661 t1_iug91fo wrote

Replying to JustDanYo (#362,303)

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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