Economics

🧐 

not sure this one will work out as well as they expect. 

$130 per contract with a strike of $100 in 90 days. 

needs to drop another 60% in that time frame, after a cliff drop of ~50% already in the last few months. 

makes me wanna buy Calls actually

$TSLA ripping up 12% today

would be dangerous, but the ability to somehow buy options on here for equities in a frame would be crazy cool.

Lore man, creator of Banners. Author of the (wip) The Painter, Loot Maxi. Working on Base Banners, coming soon to /base. Co-founder of Call the Banners. 

🎩 first, but I like being part of this experiment that is the Farcaster network 🌶️ spicy strategist

coulda made my 10 bagger here on this one @caygeon

Damn, nice move!! I still have a way down buy order, but not sure it gets hit.

I didn't buy cuz I was working but I wanted to!

I don't really know how to buy calls and puts - or if you can in a TFSA or RRSP

probably better that way lol

you need Interactive Brokers or a specific options account setup on your brokerage.

Can’t remember but I don’t think they are eligible for those

They are like buying a fresh Clanker, tremendous volatility and normally played on Weekly (Friday expiry), so closer to end of week more wild swings

haha, probably best I don't - my only successes are being around and being early by accident (degen, bankr, drb)

Yeah, that's kind of the way I look at it too - I'm a dogshit trader, but not bad on a 5 year basis. Pretty good at buying, not very good at selling

I prefer to play these types of tokens and go long.

Options are fun but they are a full-time job to be profitable, otherwise it’s just huge risk