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by mathinpens
2955 days ago
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I think he is teasing you-before researching this I didn't think a reputable broker would sell a retail investor 26k of options. But apparently they do...who knows why. If I were you I would definitely not actually buy anything he mentions. He is making fun of your non-quantitative beliefs by urging you to lose money since like...these options contract price risk into them and discount future returns. Moreover you are ignoring the substance of the comment-which is that tesla is overvalued (because of the actions of retail investors buying the equity itself because they think elon is the lovechild of jesus and steve jobs) but the options market is probably a better discriminator of the future value of tesla since its more institutional. Looking at this comment I was pretty sure he was a financial person and he is (found a comment for his fintech company).
In effect he is making fun of you for thinking with your gut instead of trying to make a more quantitative evaluation. |
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