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Re: chulo8211 post# 5391

Monday, 10/27/2014 7:14:58 PM

Monday, October 27, 2014 7:14:58 PM

Post# of 87242
Yeah I relentlessly bought TSLA puts for ever and got burned, its the way shareholders who are long big win, they write puts because they own and they know its over priced, I know its over priced so they sell off the stock I buy the put because I think it will go down and the longs with deep pockets then buy the hell out of it once Im lured in and the put they sold me is worth less.
See its at 220s now people think it is gonna fall harder its not because the longs are brainwashed and will load up as soon as you buy the puts, just saying its true.

The stock is worth $80 it doesn't matter because the brain washed longs as soon as you buy the puts will drive the stock to $250-$300 and you'll lose.
Overvalued so they can write options that expire worthless and do foe drops to lure idiots in. All IMO.
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