anyone who wants 35000 dollars of stock put to them in a downtrend has no clue what they are doing!! lmfa. buying into a bear mkt. china holds the keys to this electric and satellite car maker who us underwater and has been for years!! just exit your trade and move the f on with whats left of your ego
play stupid games win stupid prizes selling puts short after a 900% rally in a stock. wow. fing retarded also i doubt you actually even did this because the margin involved and if your brokerage would even allow it naked
50 a share ok ill give u that and thats probably low. a 50% retrace n i would look to buy it if no china stuff come up. china only wants it there to learn and also use tesla as a baragin chip. they do not need it
Yes. I meant to say short stock to offset the long put exercise. I usually do the opposite (sell stock to hedge short puts or buy stock to hedge short calls).
This is such a great thread for demonstrating what can happen when trading options. Especially for newer traders, but also those who have traded for awhile. It's a classic "Everything is fine. It's closing time on expiration and my short ops are safely OTM." Nope! My market moto is if the market can hurt you, it will hurt you. Don't let it!
@pointbob, it would be much appreciated if you could let us know what happened. Did you get margin call? Did you try selling calls? Just share whatever info you’re comfortable with please.