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They just had a run-up from 130 to an all-time high of over 200, they released early that they would be exceeding expectations.. and you had a put out for earni
by revelation 13y ago
They just had a run-up from 130 to an all-time high of over 200, they released early that they would be exceeding expectations.. and you had a put out for earnings?
Irrationality exists in many shades, I guess.
- sokoloff 13y agoIt takes two sides to make a market...
- revelation 13y agoWell yes, and the other side are all those people that keep themselves up-to-date on their stuff. If your information base is summed up as "a colleague has that car, but they recently had fires, so surely they are not worth X", why are you doing options? (I have a theory of course: TSLA shorts stock supply is scarce enough to carry a very significant premium. So you enter options, where it's easier to find that "other side".)