this post was submitted on 12 Nov 2024
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News

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[–] cobysev@lemmy.world 45 points 1 week ago (3 children)

Okay, now can we short sell GameStop stocks and bankrupt them? /s

[–] neanderthal@lemmy.world 18 points 1 week ago (2 children)

NEVER SELL SHORT! NEVER SELL NAKED CALLS!

They have limited up side and infinite down side. If you want to bet against a stock, buy PUT options. If you don't think it will go up, sell covered calls.

[–] Sc00ter@lemm.ee 7 points 1 week ago (1 children)

I feel like the things I want to call you besides calling out your lack of diamond hands will get me banned but would be normal wallstreetbets language

[–] neanderthal@lemmy.world 3 points 1 week ago

I am highly regarded there.

[–] rbos@lemmy.ca 2 points 1 week ago

Amen. I've been making a good buck selling calls on TSLA this last week.

[–] Tylerdurdon@lemmy.world 17 points 1 week ago

I was kind of wondering the same. They don't seem to understand their customer base or the group that saved their butts at all.

[–] IchNichtenLichten@lemmy.world 7 points 1 week ago

You could, but they have over $4 billion in cash just sitting around.