r/wallstreetbets • u/LifeIsYoursLiveIt • 18h ago
Loss Lost $7,200 in TSLA... in 28 minutes.
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.
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u/nosfer82 17h ago
If you study Tesla last weeks you will see that someone burning a LOT of money to scare of shorters. There are moves that make no sense. Everyone knows it's going down but still someone burn hundreds of milions to keep the price up for like an hour , or a day.