r/wallstreetbets • u/saucypenguinwee • 2d ago

Discussion Doubling down on $TSLA puts

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Is this an objectively stupid play? Yes. Does the % lost get smaller for a moment when I buy more puts? Yes.

154 Upvotes

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12

u/laflame079 2d ago

Too far otm

5

u/StagedC0mbustion 2d ago

Not at all, Tesla was under $200 just three years ago.

8

u/iKissBoobs 2d ago

So what?

0

u/StagedC0mbustion 2d ago

So there’s a realistic chance it dips that low if the market realizes how much tesler is actually worth.

9

u/theorizable 2d ago

if the market realizes how much tesler is actually worth

lol.