(Non-political question) Anyone planning to short DJT?

Discussion in 'Stocks' started by Picaso, Mar 26, 2024.

Are you planning to short DJT at some point in 2024?

Poll closed Apr 5, 2024.
  1. I'm already short

    0 vote(s)
    0.0%
  2. Yes, in the next 1-3 months

    0 vote(s)
    0.0%
  3. Yes, shortly before the election

    2 vote(s)
    25.0%
  4. Yes, if/when he loses

    1 vote(s)
    12.5%
  5. Yes, if/when he wins

    1 vote(s)
    12.5%
  6. I don't trade "meme" stocks

    5 vote(s)
    62.5%
  7. DJT to the moon! (Already long and planning to hold)

    1 vote(s)
    12.5%
Multiple votes are allowed.
  1. Picaso

    Picaso

    This is not a political question, about whether you love Trump or hate him, just about the stock valuation in the middle term.

    I see the trend is up in the market, but the bear-ssimist in me thinks we're in bubble territory, so I'm looking for a few stocks to short, no yet, but when/if the market starts turning.

    I'd appreciate your *technical* thoughts on this.
     
    murray t turtle likes this.
  2. notagain

    notagain

    Trump sold out to Wall Street = Swump.
     
    Sprout likes this.
  3. Robert Morse

    Robert Morse Sponsor

    April 19th 70 conversion mid-point is 80.04 for a cost of $10.04 for 24 days.

    upload_2024-3-26_12-12-7.png
     
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  4. ZBZB

    ZBZB

    Could offer tickets to his rallies within the app to get people to download it. Maybe book a round of golf in the app. This could run if the news flow is good.
     
    Picaso and murray t turtle like this.
  5. %%
    $500 m ,well about half that now \$175,000,000 helps/ no panic selling .
    MOST likely be a big winner/long term/DJT ;
    but for today BIG bid\ ask \mostly goin' down\down on hour candles .
    SPXL + spy + sso doin' just a bear hair or bull hair better than SH + SPXU;
    but better bid/ ask before lunch anyway LOL:D:DMoney market pays good =MAR also
    TECH a bit tired , back to my nice colored charts
     
    Picaso likes this.
  6. newwurldmn

    newwurldmn

    do you have that backwards?

    I have the forward like 8 dollars lower than spot.
     
  7. Robert Morse

    Robert Morse Sponsor

    All I did was put in Buy Put, sell call, buy stock. In that picture, the mid points are 66.27 + 24.58 - 10.80 = 80.05 for the 70 strike. On Silexx, right now, 80.69
    upload_2024-3-26_12-41-23.png
     
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  8. opt789

    opt789

    Go short how? Stock is impossible to borrow and will stay that way.
    You can buy puts but they are insanely expensive.

    Just look at synthetic stock via Jan 25 options. DJT is trading about $35 right this minute. Anyone going long the underlying is dumb or crazy, just go long via options for half the price.
     
    Picaso likes this.
  9. newwurldmn

    newwurldmn

    ah. Yes. Makes sense. The borrow is 10 dollars.
     
  10. Robert Morse

    Robert Morse Sponsor

    Yes, if you can get net $80, that is $10 to borrow for 24 days or about $0.417/day.
     
    #10     Mar 26, 2024
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