Getting ever so close....chances of a $250 drop would only happen today, but damn close. Let me guess, no one saw this coming? Haaaa
If we are true traders and like everyone told me to just trade the charts, why would it not end well?
There was someone on this site who new a call option seller who lost $7m at the previous earnings spike to 350 and is now out of the game.
I sold the put spreads since October four times. The plan was to buy the stock with the proceeds. I bought a few shares but should have bought the calls. I stopped watching terrestrial TV in the U.K. as the Brexit debate was moronic and switched to YouTube. The youtubers were well ahead of Wall Street on this stock.
these are mostly option 'players' doing these option strategy nobody or very few people buy these options for speculation the prices for thees out of money options are BS like this market
Interesting take. You make it seem though like there is a fundamental reason for why the stock went up. Seems to me like its just a combination of a short squeeze and a self-fulfilling prophecy. It almost sounds like a penny stock pump and dump but on a much larger scale. Its not so surprising though. If you can get millions of twitter and Instagram followers just for doing stupid shit, then its not a stretch to get thousands to buy shares. Interesting times going forward.
watch YouTube solving the money problem. This Australian sold a 15 stock portfolio to be 80% long Tesla and 10% long googl and amazon. When you actually get the story you will see that is the best stock story you will ever hear. It is even politically correct as long as the elite keep pumping climate change, how can TSLA go bust?