1/6
Exactly one year ago TSLA was added to the S&P 500.
Studies show that you should buy the stock getting kicked out, as all the bad news is in the price, and sell the stock going in, as all the good news is in the price.
This idea worked again.
Exactly one year ago TSLA was added to the S&P 500.
Studies show that you should buy the stock getting kicked out, as all the bad news is in the price, and sell the stock going in, as all the good news is in the price.
This idea worked again.
2/6
Nancy Pelosi's husband Paul BOT TLSA options two days after it was added to the S&P 500.
Paul Pelosi bought on Dec. 22. [2020]. ... 25 call options strike of $500 expiring on 3/18/22.
barrons.com/articles/nancy…
Nancy Pelosi's husband Paul BOT TLSA options two days after it was added to the S&P 500.
Paul Pelosi bought on Dec. 22. [2020]. ... 25 call options strike of $500 expiring on 3/18/22.
barrons.com/articles/nancy…
3/6
Here is a chart of the TLSA 500 calls expiring on March 18, 2022.
He paid about $257 for each option on 12/22/20.
By mid-May they were down 50%. Today that position is up 71%.
Here is a chart of the TLSA 500 calls expiring on March 18, 2022.
He paid about $257 for each option on 12/22/20.
By mid-May they were down 50%. Today that position is up 71%.
4/6
Pelosi BOT TLSA options ywo days after they went into the index, only to watch them go down for six months and lose him half his money.
If he really has terrible retail trader traits, he rationalizing he was a "long-term investor" ... in leveraged options! Then he did ok.
Pelosi BOT TLSA options ywo days after they went into the index, only to watch them go down for six months and lose him half his money.
If he really has terrible retail trader traits, he rationalizing he was a "long-term investor" ... in leveraged options! Then he did ok.
5/6
But he bought leveraged options the day after they went into the index probably thinking, "good news means the stock will go up tomorrow and the next day."
Of course, that was not what happened for the next six months.
But he bought leveraged options the day after they went into the index probably thinking, "good news means the stock will go up tomorrow and the next day."
Of course, that was not what happened for the next six months.
6/6
In reality, if Pelosi gave up on trading and plowed every dollar in SPY, he would probably be ahead.
Amazing that a guy that is constantly fed inside information doesn't know how to make real money in a bull market.
In reality, if Pelosi gave up on trading and plowed every dollar in SPY, he would probably be ahead.
Amazing that a guy that is constantly fed inside information doesn't know how to make real money in a bull market.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
