The Jan2025 synthetic is trading $23 with shares at 42.
So Long put short call? How is the margin on that? I read actual shorts carry steep interest rates for low supply. I think they calculated even with a 1% drop every day until $1 and you'd still lose money.The Jan2025 synthetic is trading $23 with shares at 42.
And that's probably a good short.
The only two bull case theses i can come up with
1. Twitter buys Truth social to get Trump on the platform
2. Foreign governments use Truth social to funnel money to Trump and shareholders get a piece of it

And that's probably a good short.
The only two bull case theses i can come up with
1. Twitter buys Truth social to get Trump on the platform
2. Foreign governments use Truth social to funnel money to Trump and shareholders get a piece of it
You go on vacation and miss my short at 18,400.
Imagine the guy having someone in his org prescient enough to talk to a sell side desk and asking for a hedge only to find that they are going to mark his position to $22.![]()
I bet he gets a risk reversal done with spot=atmf. He has shares to lend.
He’d prob offer free borrow in exchange for the risk reversal at a favorable price. The stock is worthless and I’m sure he knows it. He can’t sell so this is the best solution.