Well this is curious - A 911 Type Trade - Does someone know something ? - The Great Awakening

Well this is curious - A 911 Type Trade - Does someone know something ? (www.zerohedge.com)

posted 3 years ago by jojoQ1 3 years ago by jojoQ1 +18 / -0

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– jojoQ1 [S] 3 points 3 years ago +3 / -0

someone bought loads of puts on Tesla in fact they bought nearly 250000 puts - which is 100 shares per put, so it's 25M shares short basically - but they bought them miles out of the market - at $20 - when TSLA is trading at over $800 right now... it's a nutso trade... and it's cost money to do this.... at least 1c a share of something.... it's not small money....

before 9/11 there were very strange trades on United and Delta made with options...

options are like insurance against the stock price falling

why do you need a huge amount of insurance on TSLA trading under $20, when it's at over $800 ?

basically someone is betting on TSLA going to zero and if it does they would bank 25M x $20.... it's a $500M trade if TSLA collapses to zero.

very strange activity.

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– St0rm_Shad0w 0 points 3 years ago +1 / -1

Thank you very much for that explanation. Obviously, not a Fina/InvestFag so a lot of these terms are way over my head.

So question -- what would cause Tesla to go to ZERO? Elon Musk being arrested as part of the swamp, perhaps? Is this the implication? That something is going down with Elon?

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