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Interesting -- I made quite a lot on NKLA selling put spreads. It was obvious that they were a fraud. But the market was full of obvious frauds that didn't coll
by ProjectArcturis 3y ago
Interesting -- I made quite a lot on NKLA selling put spreads. It was obvious that they were a fraud. But the market was full of obvious frauds that didn't collapse. GME and AMC had scared the short-sellers out of the market. Idiots were pouring money into NFTs. I just made a bet that NKLA wouldn't fall apart right away, and it paid off very well.
- hef19898 3y agoWell, in the end all the short sellers profited hugely from Gamestock, the hodld crowd was left holding the bag. That's what happenes if, as part of a pump and dump, you forget to dump.