tsla shorts lost 1.5 billion dollars.
today.
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tsla shorts lost 1.5 billion dollars.
today.
so obviously this is some sort of glitch but i had a 1000 share put on netflix at 355 today and if im reading two (2) separate pages correctly, they just dumped $66 to 291.
like zero chance this holds fast until i can cash tomorrow morning its still wild to look at:
glitch, nm, already back to 357
Tine, I just seen a IG vid of Fedor Holz saying he didnt make money the 1st 4 years playing poker so dont feel bad if you dont make money the 1st 4 years of options trading or whatever.
18 minutes until SHCOMP:IND opens.
i read an interesting take today on twitter
something along the lines of tesla has been committing fraud (think FTP not keep player funds in separate accounts), but their stock has shot up to the point where they can now offload like $25 billion worth of shares to get out of the fraud (like if the feds never shut down FTP and they made enough money to where they can start segregating player balances and square up their books)
and you wonder why your boy be buying up those JUN 900 CALLS...
you literally cannot take this much pain as a short seller if you don't have that kinda protection...not saying the guy who bought those is necessarily short the stock, but it's definitely in play as a thesis...
h/t twitter:
BILLIONAIRE INVESTOR RON BARON SAYS IN 10 YEARS, TESLA'S REVENUE WILL BE MORE THAN $1 TRILLION
$TSLA
And their net loss will be $500 billion a quarter LOL
also people heads up from now on plagues = bullish because banks will respond to them by printing money out of the ether.
chapter two:
when the second biggest economy on earth is imploding and banks prop up the market with magical cash, its not exactly a "market" at that point.
If you’re that kid, what are you gonna do with your free cash? Put it in the bank?
Interesting times
Just saw that there is a Robinhood emoji/pictograph kind of feature that alerts you to you daytrading status .... number of trades allowed
Mind blown. Daytrading used to be a small subset of degens. That too is democratized
Those 900 calls might be in the money today.
royal caribbean cancelled china cruises through march 8.
stock up in premarket over 3%.
Also I’m sure it’s been said but Tine if you’re going to start quasi-seriously day trading it’s a must you have access to Level II quotes. You’re still at a huge disadvantage to the institutional algo’s but it at least it narrows the gap.
carnival cruise lines had a passenger with coronavirus.
+4.7% in premarket.
Wynn - we just shuttered you’re biggest store
Gap up.
I just have this image of a wheelbarrow full of water on the move. Sloshing all around and spilling on the ground
I wake up to Tesla up ANOTHER 12% 9 minutes into trading.
Go to work? What for? Elon, my nigga, is printing money for me. Im good.
I couldnt get better gains even If I put Timothee Chalamet on the corner
well those JUN 900s are in the money...
yeaaaaaaaaaaaaaaaaaaaah…
makes me wonder if the guy who has those actually had the chance to trade around that position if he just bought the premium to trade the stock around his options position...
by the by, there is an effective antiviral cocktail for the treatment of coronavirus that features a medication made by GILD, who will be having an earnings announcement after 4pm tonight.
in this market i mean, who knows what that will yield, but its something to consider.
What’s going up faster?
Tesla or coronavirus infections?
JUN 900s
$2M in premium bought at roughly $20/contract on jan 31st...1000 contracts...
1000 contracts at $170/contract...worth a cool $17M right now...
AMERICA, WHAT A COUNTRY!
im sure this growth will continue unabated after the state of the union tonight.
tsla could drop 50% and still be up 8% for the year.
Saudia Arabia's Public Investment Fund sold all of their shsres end of last year.
8.2 million worth.
Bet their kicking terrorist scarves now arent they.
consider how little 8.2m means to pretty much anyone saudi tho.
E Musk has made $20M a minute in 2020. That was before this morning.