Lost $7,200 in TSLA... in 28 minutes.

[u/LifeIsYoursLiveIt]

At 10:19am I placed an order to buy 60 contracts of TSLA $240.00 Put... Was a market order and still didn't fucking place. So I canceled a couple minutes later. I would've made $20k.

At 10:47am I bought 32 contracts of TSLA $235.00 Put @ $279.00 per contract. TSLA skyrocketed ten fucking dollars right after.

At 11:17am I couldn't take it anymore and sold all 32 contracts of TSLA $235.00 Put for an average of $54.00 per contract.

-$7,200 in 28 minutes. Tesla has beaten me down in the equity in my model 3 performance, in the stock market, and now in the form of options. I hate you Tesla.

[u/LifeIsYoursLiveIt]

These were $235 puts. They would have expired worthless had I kept them. I sold to save a measly $2k lol

[u/isospeedrix → u/LifeIsYoursLiveIt]

thats the best silver lining, they def did expire worthless

[u/LifeIsYoursLiveIt → u/isospeedrix]

Yeah, i suppose i at least saved $2k lol.