I’d be wary of that given the detachment from reality of the TSLA share price. The market can stay irrational longer than you can stay solvent and all that.
Sadge. Probably for the best though, if Tesla is any indication, this one will stay overvalued for no good reason, long enough to put off quick shorts anyways.
I should really buy some puts on those IPOs… They are going to plummet so hard.
I’d be wary of that given the detachment from reality of the TSLA share price. The market can stay irrational longer than you can stay solvent and all that.
Can you trade options on a stock pre-IPO? I’d imagine those would be expensive af, but I’ve been out of that game for some time
Unfortunately not, I think. At least not for us mere mortals.
I’d have to wait until it’s already being traded.
Sadge. Probably for the best though, if Tesla is any indication, this one will stay overvalued for no good reason, long enough to put off quick shorts anyways.