Well, there you go. Betting the farm on weak investments isn’t working anymore. Who would have thought?
The market is in the hole.
I am a bit above zero today thanks to my weak investments.
Market down 14% for year. I am down 3%.
Those weak investments.
I made $300k on a $200k bet on Tesla in 2020.
It's all gambling. For all of us.
How much are you up overall on Tesla? I've been buying puts this week anytime it rips. Yesterday I made around $500, today around $1k. Bought a 8/19 690p when the price was around 742 and watched it rip past 760 and thought I was toast. To my surprise it fell to 734 about half an hour ago and I got out with +10% profit. Wonder how long this volatility will last. If I was brave I'd switch between calls and puts but I only do puts so far.
I am a bit above zero today thanks to my weak investments.
Market down 14% for year. I am down 3%.
Those weak investments.
I made $300k on a $200k bet on Tesla in 2020.
It's all gambling. For all of us.
How much are you up overall on Tesla? I've been buying puts this week anytime it rips. Yesterday I made around $500, today around $1k. Bought a 8/19 690p when the price was around 742 and watched it rip past 760 and thought I was toast. To my surprise it fell to 734 about half an hour ago and I got out with +10% profit. Wonder how long this volatility will last. If I was brave I'd switch between calls and puts but I only do puts so far.
Tsla total gain is down to $175k. Have bought and sold over the past two years