r/wallstreetbets • u/LifeIsYoursLiveIt • 1d ago

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

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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/Folkdawg89 1d ago

Sure everyone is thinking this and probably will buy puts after being slaughtered holding calls. So expect a mini pump to absolutely destroy whatever’s left of their soul.

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u/Illicit_Trades 1d ago

This☝️ matter fact, look at a fib extension on the daily spy chart. It's hit the 0% line at the end of market today. Watch it do the old bear market bounce next week then nose dive for the next 9 months💪😉🍾

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u/TrentonMade 1d ago

Pre-Covid trend line is what I’m watching for potential calls.

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u/BigSeth 1d ago

I'm a regard, how do I read this