this post was submitted on 20 Mar 2025
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Not The Onion

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[–] 7U5K3N@lemmy.dbzer0.com 9 points 5 days ago* (last edited 5 days ago) (1 children)

I've seen some folks on Wall Street bets make bank off of puts? for Tesla.

Idk.. maybe it's puts.. I don't dabble in that stuff...

What ever it is when the stock goes down..

[–] Tyfud@lemmy.world 8 points 5 days ago (3 children)
[–] My_IFAKs___gone@lemmy.world 5 points 5 days ago* (last edited 5 days ago) (1 children)

Puts are another way to bet against the stock without the risk of your bet ballooning beyond a 100% loss. Lots of Puts and pessimism

[–] bane_killgrind@slrpnk.net 1 points 5 days ago* (last edited 5 days ago)

Oh cool

Edit I just read some stuff, how would a put negatively impact the price of stock?

[–] 7U5K3N@lemmy.dbzer0.com 1 points 5 days ago

Ah thanks!!

[–] Revan343@lemmy.ca 1 points 5 days ago

sounds like everybody on trumpys cabinet is a salesman~

hearing a commerce secretary salespitch just sends in bad signals.

[–] Ilovethebomb@lemm.ee 9 points 5 days ago

There's probably enough people who don't know what a dividend is, or are willing to lose money to own the libs, that this might work.

[–] limelight79@lemm.ee 6 points 5 days ago (1 children)

I was hoping this guy would be different, based on his back story. But, nope, clearly he's drinking the Flavor-aid as well.

[–] maniclucky@lemmy.world 9 points 5 days ago (2 children)

His backstory involves being born rich on the backs of his family's emerald mine slaves. Why would you expect better than any other rich asshole?

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[–] 1984@lemmy.today 5 points 5 days ago* (last edited 5 days ago) (1 children)

Elon Musk is over. Done. Finished.

Nobody will listen to him in a long time.

[–] phoenixz@lemmy.ca 2 points 5 days ago

So how much were you paid to lie about this?

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