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/biz/ - Business & Finance

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17093657 No.17093657 [Reply] [Original]

Tesla has done a 4x in 5 years.

Icx did a 4x in one week.

Boomers never learn.

>> No.17093670

>>17093657
zoom out

>> No.17093698

>>17093657
Do you not know how options work? TSLA calls have been doing 30x every day for like a week. Anyone who bought even a few thousabd of call options a week ago is now set for life.

>> No.17093713

>>17093698
How do those work? Pls explain I'm autistic

>> No.17093738

>>17093698
>>17093713
this. I keep hearing about these guys buying calls with $300 and getting $50k out like what the fuck is that shit? How does it work exactly, like how do you calculate your potential gains?

>> No.17093752

shits going to $6

>> No.17094514

>>17093713
>>17093738
ANYONE?

>> No.17094538

>>17094514
Option to buy @ $300 dollars, if price reaches $900 you buy your shares then sell for 3X profit.

What's difficult to understand?

>> No.17094568

>>17093738
if this is the case it sounds like someone is using very high leverage, if the price goes 1% in their favor they must have doubled their money, consequently, if the price moves against them by even just 1%, they lose everything they put in, in other words, all their money

but i havent ever put much effort into learning options trading or the stock market

>> No.17094583

>>17093738
boomer version of leverage ?

>> No.17094603

>>17093657
And a scratch ticket can 2000000x your 5 dollar investment in less than a minute. Shitcoiners never learn.