So on teslas last 10% spike i had bought $5,000 into calls the night before which made me $15,000 by market open the next day on the jump. We all know there is going to be a huge movement when tesla reports earnings, if they beat earnings and get into the S&P 500 the share price will rocket up, and if they don’t beat earnings they will take a hit. Why not put say 5k into calls and 5k into puts, the most you lose on one side is 5k and on the opposite side your investment will take off. Am i missing something here it seems like free money is it not? Or am i just dumb?
Submitted July 19, 2020 at 07:56PM by codyhightower65 https://ift.tt/2ZHzjGj
