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https://www.reddit.com/r/wallstreetbets/comments/1j834xw/tsla_puts_90k_to_609k/mh2bd4y/?context=3
r/wallstreetbets • u/dondeismycasa • 26d ago
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567
Honestly, you better. IV will drop and crush you after if one day the stock doesn’t move.
That $80 put needs to go ASAP.
But you’re on wallstreetbets, you don’t know what IV and “selling” your options are
14 u/i_love_sparkle 26d ago Who would buy that stupid $80 put option from him? Serious question. Who buys it when it has zero chance of making money? 19 u/wrecklord0 26d ago It doesn't have 0 chance of making money. It has a very low chance of being very profitable, hence why it has some value. 5 u/Gadfly2023 26d ago So you're telling me there's a chance?
14
Who would buy that stupid $80 put option from him? Serious question. Who buys it when it has zero chance of making money?
19 u/wrecklord0 26d ago It doesn't have 0 chance of making money. It has a very low chance of being very profitable, hence why it has some value. 5 u/Gadfly2023 26d ago So you're telling me there's a chance?
19
It doesn't have 0 chance of making money. It has a very low chance of being very profitable, hence why it has some value.
5 u/Gadfly2023 26d ago So you're telling me there's a chance?
5
So you're telling me there's a chance?
567
u/Fun-Sundae4060 26d ago
Honestly, you better. IV will drop and crush you after if one day the stock doesn’t move.
That $80 put needs to go ASAP.
But you’re on wallstreetbets, you don’t know what IV and “selling” your options are