$GraniteShares 2x Short TSLA Daily ETF (TSDD.US)$ if you bel...
$GraniteShares 2x Short TSLA Daily ETF (TSDD.US)$ if you believe the Tesla is going to have profit taking whether it is a January 1st effect where people lock in profits and move elsewhere maybe it's a economic event like the UFOs come down maybe it's a God forbid moment that there is some dirty bomb in the United States I don't know what the catalyst would be but you can go out to January 17th and for a nickel of contract by a $2 strike. your loss is limited to your investment so you know exactly what your loss is so if you buy a thousand contracts at a nickel not a lot of money it's a ton of leverage and it could pay off handsomely if something were to happen that shocks the market that causes Tesla to sell off by about 15 to 20%
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Ginvest : Good idea, I always wondered your brain power. Ordered 50 calls
10baggerbamm OP Ginvest : it's a crapshoot it's one that realistically you don't want to ring the register on because there's probably going to be a major event that happens that takes the market down significantly. it's not a big investment you know your losses and you are hedged very well against a long position whether it's in Tesla or whether it's in the NASDAQ or S&P.
10baggerbamm OP Ginvest : well looks like you're making money