LogFAQs > #933959434

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TopicTesla stock has been going on a crazy run in recent weeks
emblem boy
02/05/20 8:35:26 AM
#50:


Or this

<img src="<img src="<img src="<img src="<img src="" />" />" />" />" />

Horrible summary from me but, he bought 4 contracts that were each worth $39.25. look up options contracts. The value of that contract cost him 27k total. The contracts were pretty much saying that Tesla would get to a price of $700. The fucking blew past that.

The value of the contract rose to 170.25 each because the Tesla stock price increased so much.

Purchase was (31.25*100)*(7)

Sold it for (170.25*100)*7

It's practically gambling with the stock market, so I wouldn't advice it... But yolo right. Scared money don't make big money
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Pitter-patter, let's get at 'er
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