RUNESCAPE 3 BOND PRICES WOULD SEVERELY INCREASE IF THE BLACK MARKET FOR RS3 GP GOT CORNERED, WHICH IS NOT AT ALL DIFFICULT FOR ANY HEDGE-FUND LET ALONE A BANK.
+ I still bet you SPX would not rally in the same way.
Put your Crayolas back in your mouth ffs.
I also did that with TSLA…. and UPST (although I sold at a price higher than now, so that makes me feel better)
not making the same mistake with RKLB and PL
If you think a company that literally got awarded 800M Friday from the first of many potential HUGE contracts AND is going to make another 200M from supplying the OTHER winners is going to tank I encourage you to short it.
This wasn't even their launch business. They aren't even close to being a household name.
So go ahead and short it.
You know what, I’ve been thinking of selling some shares of my space bag which includes common names here to take some profit after a couple folds increase. I feel so tempted to sell not to mention your case.
Not a 1% return though. $8 premium on a $23.50 cost basis is 34% return immediately. Not accounting for the 32% gain should the shares get called away. You very much reduce your downside with covered calls on big movers due to the inflated IV. I have a few positions where my effective cost basis is $0 from selling premiums.