Well at least you're short premium unlike that other CVNA degenerate who posted today. You will probably make money on anything less worse than a -5% move tomorrow, based off your ungodly theta number and how IV works on meme stocks.

Someone lost all ther money on Tesla puts this month

No time to waste washing hands with creek water out of a wood bucket, he has to get to chopping wood for his only source of heat, a 1920s wood stove, but he says he does it because he enjoys the exercise.

They might have long calls and they might be 'selling to close'. Open interest will go down if those with long calls sell those to close the position

Doesnt even profit take at least 1 share. This guy is really something else.

Small moves, Ellie. Small moves.

I really don’t, and did you not see the part where I said it will still go up???

Friendly reminder costco could announce jan 2023 sales by this week, worth playing some weeklies. Puts or calls I've no idea.

Thats what I did. I think corollas look better anyway.

He's self admitted poor and refuses to believe it.

Probably typing these responses with greasy hands from his hungry man dinner.

devastatingly delicious.

My question is why are they buying them back when they could expire worthless or get cheaper. LVS had a nice dip today so that could be why?

Can you explain game theory in Minecraft terms?

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I just looked at their balance sheet. They have over 31 billion in cash. Their cash holdings increased by 10% last year. You missed the movement already

I am sorry about your "no positions" 😉

Cobalt is also used heavily in the refinement of oil, Mr bot needs to do a lil more research there

LoL yea...golden cross coming...be bullish and get nailed to the cross...bears will thank you for your sacrifice

The food stamp emergency allotment is ending, lets see if this pattern continues.

It’s possible they sold for higher premiums a while ago and they’re buying them back lower, I get that. But why not let them expire worthless or buy them back cheaper IF* the market goes sideways or tanks?

It great to leave your house everyday and have your full range available because it charges while you sleep. When you plan a trip, the nav tells you where to stop and charge. It is harder to run out of juice in a Tesla than it is to run out of gas in a gas car.

so like the last election? ;-P

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Long Stock + Short Call = Short Put

Think of it as you basically sold a 9 strike put that expires Feb 3rd. So you are correct that if the stock tanks you’ll take a beating. Your hope is you can sell more calls to lower your basis, but if CVNA really drops there won’t be calls you can sell without the risk of a rally calling your stock away and you locking in a loss.

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