r/wallstreetbets 26d ago

Gain TSLA Puts 90k to 609k

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13.5k Upvotes

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u/Original_Two9716 26d ago

On the other hand, many tickers like $TSLA at crazy high IV already.

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u/shaktimann13 26d ago

What's IV? Why they need to worry if their puts are green,?

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u/Original_Two9716 26d ago

Implied volatility. Deeply OTM options get their value from IV.