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Old 10-28-2020, 12:50 PM
Gwaihir Gwaihir is offline
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Join Date: Mar 2020
Location: SJ
Posts: 2,181
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The thing is a sold Put is a bullish play, but the premium on Nikola options are so ridiculous that you can profit off of betting it's not gonna get chopped in half or that it's not going to double. Nikolas options on both the put and the call are priced at a +/- 35% move on the underlying security with the seller of either direction profiting on everything in between
Last edited by Gwaihir; 10-28-2020 at 12:57 PM..
 


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