They have limited up side and infinite down side. If you want to bet against a stock, buy PUT options. If you don’t think it will go up, sell covered calls.
I feel like the things I want to call you besides calling out your lack of diamond hands will get me banned but would be normal wallstreetbets language
Okay, now can we short sell GameStop stocks and bankrupt them? /s
You could, but they have over $4 billion in cash just sitting around.
I was kind of wondering the same. They don’t seem to understand their customer base or the group that saved their butts at all.
NEVER SELL SHORT! NEVER SELL NAKED CALLS!
They have limited up side and infinite down side. If you want to bet against a stock, buy PUT options. If you don’t think it will go up, sell covered calls.
I feel like the things I want to call you besides calling out your lack of diamond hands will get me banned but would be normal wallstreetbets language
I am highly regarded there.
Amen. I’ve been making a good buck selling calls on TSLA this last week.