NKLA, what a heck of a day!

Weird. Got a small margin call on my Naked puts. Turns out my broker is making me put up 100% of the stock price. I'm wondering if this is why the puts are priced so high. I found it strange because had about $35k in cash that was unused and the full price of the stock would only be less than $18k.
 
Scataphagos said:
Imagine... they haven't sold even ONE truck (won't until 2021) and they are now the BIGGEST truck maker!

America. What a country!

:)
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Thats whats wrong here...of course anyone looking at this company isn't looking at the now, nope not today not this second but in years to come because remember wallstreet isnalways forecasting ahead and you can say what ever the fuck you want as a public company and people will believe you.
 
Scataphagos said:
Imagine... they haven't sold even ONE truck (won't until 2021) and they are now the THE WORLD'S BIGGEST truck maker!

America. What a country!

:)
More...



Oh and if you didn't know, they received, get this over $4 million in PPP funds, yes after raising hundreds of millions of dollars! Hmmmmmmmm
 
S2007S said:
Thats whats wrong here...of course anyone looking at this company isn't looking at the now, nope not today not this second but in years to come because remember wallstreet isnalways forecasting ahead and you can say what ever the fuck you want as a public company and people will believe you.
More...

So long as there's a buck in it for somebody! :)
 
Amun Ra said:
Weird. Got a small margin call on my Naked puts. Turns out my broker is making me put up 100% of the stock price. I'm wondering if this is why the puts are priced so high. I found it strange because had about $35k in cash that was unused and the full price of the stock would only be less than $18k.
More...

Now this crap. Apparently I'm up $91k on a trade that is impossible for me to make more than $4,890 on.

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