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There are long-dated puts that expire 1-3 years from now. In what world would this not calm down before then?
by fairity 6y ago
There are long-dated puts that expire 1-3 years from now. In what world would this not calm down before then?
- supernovae 6y agoTSLA
- coffeecat 6y agoNot exactly a 1-3 year timescale, but Elon Musk tweeted something about Signal earlier this month, causing SIGL (completely unrelated to the messaging service to which he was referring) to spike from ~$0.50 to $40 per share. Three weeks later, and SIGL seems to have settled down at around $5 per share - 10x the original price. In other words, the price after the shock is not correlated with the price prior to the shock.
- bluGill 6y agohttps://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania speculators enter in 1634, the bust wasn't until 1637, and the bubble had been growing well before then. I have no idea where we are in this bubble. The timeline will only be known a few years after it pops. There may be false pops on the way up.