Economics

BREAKING: A group on reddit called ElonMuskHate is reportedly trying to short Tesla, $TSLA.

They are buying the $100 puts for June 20, 2025. You can actually see some smaller single-legged traders try following the posts.

You can follow the play on Unusual Whales and see how it decays and moves overtime.

🧐 

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

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

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. 

no surprise, we are on the same page.

had the same thought process; if it continues to get worse, some action will be taken to reverse course, simply cuz it is Elon

Stepping back from the math of it all, It really seems like a bad bet based on history to bet against Elon. There's so many ways it could turn on a dime:

Example: Government goes full corrupt and demands all Gov vehicles be electric and made in USA lol.