Replies to post #14548 on Viewer's Choice

[littlejohn]

TSLA...Joe is a Political nut...

https://www.investing.com/news/commodities-news/biden-to-sell-1m-barrels-of-gasoline-to-cut-prices-ahead-of-summer-driving-season-3450552

U.S. can't even open Red Sea to

safe shipping with two wars going

on now...

And selling gasoline from an SPR site...

Must be to pump up EV sales...

Probably won't be any hurricanes

this year so no reserves needed...


So we watch...LJ

[littlejohn]

NVDA may be toast if the tsla pumpers

don't dump it and move back

on the NVDA train...

If you buy puts and the price goes

down, the put value increases...

You don't sell a put on a company

that could drop to 140 or so and

get you hung in higher prices...

Selling calls doesn't erase capital

dropping if price drops...

Selling puts ties up buying power,

and is for more well off to do...

You only buy cheap puts until the

price eventually has 20 or 30 point

drop day to cover trading losses

and make some gains...

So we watch...LJ

[littlejohn]

TSLA looked like a web pussy pump of

the day on Tuesday...

The pump groups buying shares also

buy cheaper put contracts as they are

pushing up a stock price...

Then when they dump or sell their shares,

they make more money off the puts...

Groupies are pumping for 2-fers...

It shouldn't drop as hard a a GME pump

did, but ya never know...

So we watch...LJ