r/wallstreetbets • u/dondeismycasa • 26d ago

Gain TSLA Puts 90k to 609k

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13.5k Upvotes

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u/Rip-tire21 26d ago

I've made $880 from TSLA, what's up my fellow regarded brother

38

u/powdered_donuts2019 26d ago

Damn, beat me by $80 and it’s my 3rd day shorting stocks. Congrats on the nice gains

8

u/Rip-tire21 26d ago

3rd day?! Damn I have to say that your $600 is even more impressive. Hopefully we go even higher tmrw and till the 14th (my contract expires)

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u/powdered_donuts2019 26d ago

Thank you, my Capt taught me about it and I bought $210 puts and that cost me $110

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u/ithurtsmakeitstop 25d ago

How to short stocks? I want to learn too, thanks

3

u/powdered_donuts2019 25d ago

Simplistic style: buy put when stock is high, sell put when stock goes low. It’s opposite of traditional investments. You want the stock to fall

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u/johnnybiggles 26d ago

-$880. Are we regarded twins?

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u/Rip-tire21 26d ago

My twin!