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| If you had bought 400 april 17th puts anytime in the past three months, they’d have basically landed at break even until today. That’s really not how it should work. I guess everyone knew it would drop so it was already priced in, but in December the price was 500. It’s now dropped to 350 and only today was there any real payoff and it’s really only doubled despite a drop of 150$ in the price of Tesla.
Market makers making markets I suppose
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Tesla
