Aww sheet
In the first month, it was possible to make quite a bit of money shorting SPCX. It’s a fair play if you want to buy and hold it, but I’d much prefer to short a stock like SPCX for a multitude of reasons.
Though I respect anyone with the conviction to put their money where their mouth is.
If any of these AI companies IPO, you could make a lot of money shorting them!
Why speak confidently about options when you clearly don’t understand them? You don’t put your entire net worth into a 0DTE.
For those that know the bubble is going to pop, you can make a lot of money short-selling stocks. Use only a small portion of your portfolio to buy, choose options with longer expirations, and use spreads instead of naked puts.
Well said. Futurism.com used to have interesting articles, but now all they do is put out garbage. I guess as long as people agree with the headline, they’ll upvote slop.
Whether you believe the bubble is currently popping, will pop soon, or will eventually pop - there are strategies that will allow you to massively profit from your insight. You don’t have to spend your entire net worth on a 0DTE.
People have been predicting this for a long time. Is anyone buying puts?
Ironically, the people that agree with the headline won’t bother to critically think about the study.
And what about the artists who had their jobs absorbed by AI?
It’s hilarious how many downvotes are given to an objectively true statement. People hate when echo chambers don’t confirm their biases.
That’s awesome. I did the same, but the percentage of SPCX in the ETFs I held was super small. Wish I could have had more of an impact.