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It doesn’t take that many puts in Tesla to make a killing. If you bought 5 Tesla puts at 1700 and then sent out a tweet from Musk saying “I’ve contracted corona
by remote_phone 6y ago
It doesn’t take that many puts in Tesla to make a killing. If you bought 5 Tesla puts at 1700 and then sent out a tweet from Musk saying “I’ve contracted coronavirus and am expected to be hospitalized due to the severity of the symptoms. I am temporarily stepping down from my position as CEO until I am healthy enough to lead this company.”
The price of Tesla would plummet by 75% for at least 30 mins while the mess was sorted. If it dropped to 500, you could make 500k easily without very much risk of being detected. Then switch directions and buy calls. Easy money. Or get 5 friends to but 1 put each. Not that hard and pretty undetectable.