A member of the WallStreetBets subreddit forum with the username WSBgod posted screenshots on Tuesday detailing a position in Tesla call options made through a Roth IRA account. Call options grant investors the right to purchase an underlying asset for a specific price by a certain date. The lucrative Tesla bet isn't the first for WSBgod. TSLA | Complete Tesla Inc. stock news by MarketWatch. The community thrives on risky "YOLO" trades and praises losses just as passionately as gains. Disclaimer | (Reuters) - A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a … The stock is up 106% so far in 2020 alone. The market capitalization then was about $36 billion . Don't bother with dividend plays and mega caps, those are too slow. Shares of GameStop … Users raced to one-up each other with increasingly large positions, with one trader saying they turned a $3,000 stake into a $1.7 million position. View real-time stock prices and stock quotes for a full financial overview. Trailing-12-month deliveries are … In other words, a tsunami wave of individual investors pile in, pushing the stock even higher. The Reddit-fueled stock market frenzy has inspired a flurry of TikTok videos, memes and online explainers—and even a sea shanty. 2020: A year of expansion. The company that Tesla will replace will be named on Dec. 11, according to a press release. The bug allowed Robinhood Gold members to leverage seemingly limitless amounts of capital. Share your opinion and gain insight from other stock traders and investors. After missing out on Tesla’s 460% gain over the past 12 months, most of those buying the shares now are doing so because they think the stock will at least double again. The contracts carried a strike price of $1,000 — meaning they would be "in the money" if Tesla surpassed that level before expiring on March 20. I am just going to say this right out of the gate. The popular opinion however seems to be the ladder. Tesla tumbled as much as 21% on Wednesday, driving the price of the March 20 calls down about 75% from their previous close. Had WSBgod sold at the call options' peak price on Tuesday, their remaining 420 contracts would've netted as much as $6.3 million, though this wasn't reflected in the screenshot. ... GameStop stock tries to snap losing streak after big plunge WSBgod purchased 32 identical contracts four months later. By using our Services, you agree to our use of cookies.Learn More. The stock will be added at its full float-adjusted market capitalization before the open of trading on Dec. 21, the index provider said. … Find the latest Tesla, Inc. (TSLA) stock discussion in Yahoo Finance's forum. Tesla CEO Elon Musk seemed to rally behind GameStop ’s epic surge, tweeting out a link to the Reddit board that’s largely hyped the stock. They previously said they used their Roth IRA to buy 15 Tesla call contracts in April, betting on the automaker's stock to hit $450 by January 15, 2021. Commerce Policy | I am just confused on why people have this such high expectation of TSLA. Elon Musk Predicted Starlink Would Generate $30 Billion in Revenue. Tesla is retreating after Monday's slim gain as the EV maker … For sell-side analysts who cover the electric carmaker the experience has been rather more chastening.Even after several prominent number crunchers revised their comparatively bearish forecasts last week, the average share-price target among those that … A comment on Tuesday said the user "originally meant to purchase 420" contracts and claimed to have sold 26 of the 446 calls on Tuesday morning to realize some gains.

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