3 ms·

Why does Zoom go up on vaccine news?

• scrollaway 6y ago
  It didn't. It went down, crashed pretty hard. I don't think it was the only factor, though.
• fiskfiskfisk 6y ago
  It doesn't. It goes down.
• MattGaiser 6y ago
  Zoom would go down, sorry. I was thinking of cruise lines. Pick any one of them and you would profit handsomely. But as others are saying, you can also bet on the stock going down.
• kortilla 6y ago
  It doesn’t. Buying a put option is a bet it will decline because it’s the right to sell a stock at a given price.
• davedx 6y ago
  I didn't, hence the OP said "put options on Zoom" - that would mean he would make money from Zoom diving (which it did).
  • ALittleLight 6y ago
    The comment I responded to said that "Zoom soared" which is why I asked.
• deleted 6y ago
  [deleted]