What is DJT worth if Trump loses on Tuesday? My guess it drops 80+%. Instead of buying these "who will win the election" futures contracts on IB, Kalshi, etc. just buy DOTM puts, however the IV on the puts are crazy high.
It was a SPAC so its almost by definition a worthless POS. I remember when it was under the DWAC & DWACT symbols and I traded it the day it was officially Trump Media. I held the warrants for a long time until recently but I still don't think its worth anything. But GME is still around and its also POS worthless company. Trump should buy a collar for his position like Cuban did when that worthless Broadcast.com was bought by the idiots at Yahoo!
Commentary: I made a Trump trade so you don’t have to ....... "Jim Bianco of Bianco Research recently joined the YF Capitol Gains podcast to explain how betting markets work. At the time, betting markets gave Trump 60% odds of winning and Harris 40%. If that were a poll, Trump would have a huge lead. But Bianco explained that betting markets are probabilities, not poll margins, and anything less than 66% for Trump is the equivalent of a toss-up." ....... https://finance.yahoo.com/news/commentary-i-made-a-trump-trade-so-you-dont-have-to-100051390.html
Worse, polling inverted when musk and co impacted the digitals. Self fulfilling. Once it was picked up by the press the "go with the winner" opinion prevailed. These people aren't voting ideologically (or likely voting at all).
GOP "polling is rigged/doesn't matter/HRC's polls showed her winning!" GOP "look at the polls! You've already lost!" GOP "betting markets are rigged. Look at HRC's wagers before she lost!" GOP "look Trump dominating the wagers!