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Is anybody else shorting DJT stock? (Original Post) ColinC Apr 16 OP
Nobody I know Aviation Pro Apr 16 #1
Too much volatility with what is basically an IPO bucolic_frolic Apr 16 #2
It's virtually impossible to short for common folks like us calguy Apr 16 #3
Savvy investors always bet against tsf. louis-t Apr 16 #4
Yikes! Scary venture. Joinfortmill Apr 16 #5
Bought 5 put options yesterday... appmanga Apr 16 #6
So I bought 9 $5 put options for $45 today. Wondering if I should sell ColinC Apr 16 #7
Mine expire next month... appmanga Apr 16 #9
Same ColinC Apr 16 #10
Look up the number of puts vs calls in the option market 3Hotdogs Apr 16 #8
On short-selling, you have to cash out on an up-tick in the price.... lastlib Apr 17 #11

bucolic_frolic

(43,197 posts)
2. Too much volatility with what is basically an IPO
Tue Apr 16, 2024, 09:59 AM
Apr 16

If they show you the money take it. It could evaporate or much worse by tomorrow open.

appmanga

(571 posts)
6. Bought 5 put options yesterday...
Tue Apr 16, 2024, 11:37 AM
Apr 16

...after I had forgotten to do so when it was still at $47. It hit the target ($27) that I had scoped out at that time this week. I'm hoping it will finish the crash and start burning before the end of the month. This is the first stock I've seen in years that has a very good chance of going to zero within three months of its issue.

ETA: Getting shares to short is incredibly expensive as there were only a few that were issued and there's a huge premium to borrow any of those.

ColinC

(8,301 posts)
7. So I bought 9 $5 put options for $45 today. Wondering if I should sell
Tue Apr 16, 2024, 12:47 PM
Apr 16

At small profits or take the risk of losing $45 to see if it actually gets to 0 before next month and make a couple grand 😂

lastlib

(23,251 posts)
11. On short-selling, you have to cash out on an up-tick in the price....
Wed Apr 17, 2024, 12:52 AM
Apr 17

When does anybody expect that POS stock to have an up-tick??



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