Tesla Inc (TSLA)

[Moonlazer]

Even if they do print, you get the premium and the strike. At $125, when it was issued, of a 120 strike ex date 1/17, the proceeds go to purchase more. Meanwhile the premiums can be used to purchase more on a dip at the cheaper price. It's just another method to handle corrections. High premiums, at the top. Purchase more with premiums at the bottom. 91,000 shares at this price is roughly 10m, and that alert was for 2.5m.

It makes some sense to me. Hedging bets for 25% of the new stake in the event it doesn't raise further to minimize losses.

Pay attention to those sweeps and imagine what they're doing as if it was you that had just invested heavily and wanted to split the take on the current position to hedge bets. People don't get rich because they're dumb.

Fail to plan and you plan to fail.