JustDanYo

JustDanYo OP t1_iufw9n8 wrote

Reply to comment by Cultist6661 in Meta gain porn by JustDanYo

Itā€™s iffy as to what the fed will do this week. I doubt Powell would want the market to keep on pumping though so he might say something negative to create some downward pressure. Elon selling more shares can potentially be answer by the amount be made off selling shares recently. I didnā€™t look into the numbers so I canā€™t give you an answer.

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JustDanYo OP t1_iufroa1 wrote

Reply to comment by Cultist6661 in Meta gain porn by JustDanYo

We already got Tesla Q3 report though. My next question about your short thesis is does Elon need to sell shares? How many billions does he have from all the selling heā€™s done? Isnā€™t he buying Twitter with a group of rich friends/investors?

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JustDanYo OP t1_iuf2lsm wrote

Reply to comment by mo2cii in Meta gain porn by JustDanYo

Nah, it wasnā€™t a straddle. I did my research and was anticipating a miss in earnings. Ended up buying $1500 worth of puts and got around 1100% gain.

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