454
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Apr 2024
454 points (97.1% liked)
News
37481 readers
224 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Anyone know the easiest way to short this stock?
As a general rule, if you’re hearing about something from the news, it’s already too late to profit from it.
This might be the exception, but I’d temper any expectations accordingly.
It’s supposedly the most shorted stock on the market, which I think means it’s going to be damn difficult to turn any sort of profit on it.
Just add DJT to the stock tracker app on your phone and pay yourself in schadenfreude as it rapidly and inevitably approaches zero.
The short answer is, don’t bother. The premiums are so baked in that it will tank, that you’d be lucky to make any money.
Something something options are the way forward something wallstreetbets
Just watch it. It’s doing it to itself, lol.
Just stop fucking around and buy SPY.
You stop fucking around and trade futures!
Just buy puts. You can buy them right now.
Buying puts are crazy expensive, showing just how shitty the stock is. For all puts a month out, it's gotta lose 25% of its current value just to break even.
With that being said, it's probably a safe bet.
sell calls to fund put buying name a more iconic duo
It's not really a safe bet, one of the reasons options are expensive is because they price in the very high volatility of the stock. You can be correct about the future direction of a stock and still lose money on an option based on how much the volatility changes or how long it takes to make that move. And with enough shorting there could even be the risk of a squeeze. Best to just stay far away from that stock.