Theoretically, stonks can go to infinity.
Although...
If I buy naked calls, isn't the time decay going to ruin me most of the time? How to avoid that?
Did you get out safely since it traded up?If I'm writing call options, my gains are capped at the original premium. I have unlimited loss potential. Isn't that right?
It's like em folks, giving bad mouth about Buffet loosing $125M on bet in Theranos or people in this case, (guy's followers) who gets over-excited by the numbers(or over-react in Buffets case).This. ANY number in isolation is irrelevant. In this case, the stated amount might represent >50% of his port or <1%.
EDIT: I see the context was subsequently provided.
Don't let shiny objects foul you guys
Battery day hahahah. A complete flop, after the stock has literally ran up on "battery day" hype and the possibility of being added into the s$p i don't see why anyone would fall for more future hyped up news. Lots of tesla bulls were hoping for historical highs above $500 today!!!!! Ooops