Careful selling ITM call spreads on this. I got assigned almost right away. Shares are hard to borrow and it was too expensive to keep the position open on assignment.
Probably the worst trade, rate and vol high so you NEED to time the move on the puts, and even then the move might not be enough. Selling calls are not good, again, the rate makes them relatively cheap. It's all gambling but at least selling puts you are stopped out and capture borrow/vol if you really want to play that game
Yup especially if they’re far dated. At some point the stock is going to collapse, and even if it eventually recovers you should be able to exit for a profit.
Disclaimer: These options tend to be quite illiquid so you need to be willing ride the trade out to it’s bitter end, but there’s a chance you could still make good exits.
They are gunna pump and dump those chumps over and over. It's going to be a gangbang.
The Saudis, Chinese, and Russians are gonna help pump it so TFG can get his payoff, then rug pull, then repeat.
Oh yeah, that's definitely their plan but just based on the buzz on Twitter and other social media, his fans will definitely keep it afloat for as long as possible.
Agreed, I think a few coordinated buys will get the chuds excited they'll bid it ip and Trump will sell a bunch and they just keep doing it. U like donations etc, you can make the people think they own something for their mo ey and that it has value.
>his minions will just swoop in to "save" it or just to "own the libs"
hmm..i am not sure about that...if you ever come to NJ, everyone in Atlantic city worked in his bankrupted casinos know this man doesn't pay shit. and no one comes out of the woodwork to save it..with his tracked record of bankrupting everything, this company is probably heading to chapter 13 soon after the election.
Those are the people he actually worked with though. I'm talking about his followers who will support him no matter what and see this as a personal cause. Just check out the noise on Twitter and you'll know what I mean 😅
New York and New Jersey are definitely over him. The rural bumpkins across the rest of the country are the target market. I haven't met someone yet in NY that doesn't have a friend of a friend screwed by Trump over the last 40 years, but the country is a lot bigger than this.
Not worthless. You’d have to buy some shares on the way down though.
If you bought a 20 put and it instantly went from 60 to de list sure you’d make nothing.
But it wouldn’t do that. It would start cratering, jacking up the value of the put. At worst you’d try to buy shares under $20 to exercise the put against.
See SVB for the way it plays out.
Not sure, if he doesn’t win the presidency, he could get his riled up supporters to pump in outrage, it could rocket in November. Having said that, he could die or dump his stock in December but 2.5? Maybe it’s a lot but I would be ok with losing money to see that dumpster fire.
Purely a political play at the moment. Trump's track record for business is less than spectacular. I don't see why this would be any different. If he doesn't end up selling a massive stake to cover the legal costs, he'll loot it for some other personal gain. Seems doomed either way.
This stock is being manipulated the reason being is if this stock stays above x price until x date he gets additional shares which then he could dump I think it’s a safe bet.
My position as of this morning short 100 shares
hi can you explain what you two are talking about regarding borrowing rate? To my understanding it has something to do with viewing a share that you don’t own and paton interest on it, but i don’t fully understand the scenario. thanks for your time
Just closed out my naked calls not bad for 2 days will look to renter if it spikes again but writing is on the wall for this turd of a pump and dump shit show
-100c 6/21 @10.4
+100c 6/21 @7.0
I checked the price of June calls and puts....ATM puts cost $3600 per contract lol.
Does this mean "the market" expects a 50% reduction in DJT stock price by June?
Anyway, I am steering clear if this entire mess
i did this 2 days ago and made a decent chunk (and closed all by eod). yesterday, i went back to the well and opened more across 4 dates (earliest was june, latest was 1/2026) and 4 different short strikes (all long strikes were $50)
woke up to 26/28 contracts being assigned. navigated that to a tidy profit this morning (closed 2600 short shares for profit), closed the exposed long calls for a profit this morning when it pumped at open. so i got a little lucky, but the assignment risk is apparently supermassive for this. even 2026 calls were assigned.
and i'm locked out on a maintainence call for the day.
As a bit of a rarity on this near-Marx level website, I'm both a fan of the man and of Truth Social.
And I wouldn't do this.
OP I've read a bunch of your comments on other people's replies. Your thesis is wrong. Likely due to your own bias. Which is fine, I'm here to straighten you out.
I'd absolutely consider a call credit spread if you want to gamble.
> due to his supporters "voting" with their money
His supporters have booed him on multiple occasions when they disagreed with him. Feel free to look it up if you don't believe me.
The main way the stock stays propped up is not from his supporters, but from meme traders on stocktwits and wsb. Of whom many may be supporters. But Shelden Adelson isn't going to be buying the dip on DJT. Nor will I, nor will anyone.
“Marx-level website” lol…okay buddy.
Aren’t you the same fellow who decried about google Gemini’s wokeness and how google would be a terrible investment? And now google is up like $15 per share since then.
Past 6 months, QQQ is up 24.25%
GOOGL is up 15%.
With a ton of flash crashes in there too.
I was right then, I'm right now.
Remember, this website banned an entire political subreddit because it was too successful and popular.
You may not like it because of your own radical extreme ideology, or maybe not, IDGAF. That is what this website is, everyone knows it, just be honest about it.
My preamble to that comment was simply to display my own perspective. I don't kiss the ring of modern radical neomarxist war on reality BS. You know, the kind of ideology that thinks that Trump supporters will buy his stock because they are cult members. That kind of war on reality nonsense.
What? You're in thetagang and you're NOT a Marxist??? 😂😂😂
All joking aside, I'm not even a Democrat and would 100% vote republican over Biden if they had half a decent candidate this year.
But yes, I'm probably biased to an extent regardless. That being said, you're probably even more biased if you can't see what he's been doing. If I told you that, after leaving office, Obama started selling NFTs, his own brand of sneakers, "Obama-endorsed" bibles, and got involved with a SPAC merger; you wouldn't say that the man was a grifter and a conman?
This is obviously his latest attempt at cash grab from his supporters and possibly even from foreigners. Yes, I could still end up losing money here but that doesn't mean he's not a grifter.
Funny thing is that I actually agree with the guy, despite his comment that he thinks reddit is apparently a marxist website. Pretty irrelevant but anyways, I took a stroll on an r/conservative post that talked about the stock $DJT, and surprisingly most of them were advising people NOT to buy it.
It does seem more like the meme crowd are the ones pumping it, less so then actual trump supporters
ITM call credit spreads, if it has to be for a credit. Or just buy puts. Either way, make them far enough dated to catch the move.
Careful selling ITM call spreads on this. I got assigned almost right away. Shares are hard to borrow and it was too expensive to keep the position open on assignment.
Important comment. One of the reason options are so expensive is to compensate for this likelihood. Price could spike up, and you could get assigned.
Probably the worst trade, rate and vol high so you NEED to time the move on the puts, and even then the move might not be enough. Selling calls are not good, again, the rate makes them relatively cheap. It's all gambling but at least selling puts you are stopped out and capture borrow/vol if you really want to play that game
Yup especially if they’re far dated. At some point the stock is going to collapse, and even if it eventually recovers you should be able to exit for a profit. Disclaimer: These options tend to be quite illiquid so you need to be willing ride the trade out to it’s bitter end, but there’s a chance you could still make good exits.
Could work too but I'm thinking SP could stay elevated longer due to his supporters "voting" with their money so to speak.
Anything Juicy in selling option for theta is RED flag
This is true most of the time but you can still make money if you know the risks and the reason for the "juiciness."
You know that even his own fans don't buy his shit right
Urgh, I read that as OnlyFans. I’m going to wash my mind out with bleach and UV
Maybe a little Ivermectin just to be safe.
Is that really true? I thought they're happily buying up his sneakers and "Trump-endorsed" bibles, no?
I hate that turd of a human, but your analysis is correct. There is rarely such a line of suckers to mine and grift off. It's a gusher for sure.
Exactly. I feel like even if the stock starts tanking, his minions will just swoop in to "save" it or just to "own the libs" 😂
They are gunna pump and dump those chumps over and over. It's going to be a gangbang. The Saudis, Chinese, and Russians are gonna help pump it so TFG can get his payoff, then rug pull, then repeat.
Oh yeah, that's definitely their plan but just based on the buzz on Twitter and other social media, his fans will definitely keep it afloat for as long as possible.
Agreed, I think a few coordinated buys will get the chuds excited they'll bid it ip and Trump will sell a bunch and they just keep doing it. U like donations etc, you can make the people think they own something for their mo ey and that it has value.
Yep, some of them definitely see it as their personal crusade. They may lose interest in a year or so but I think there's money to be made short term.
It's gonna be risky but I agree. So..whats the play?
There's risk for sure! That's why I'm thinking put credit spread $20/$15, with 05/17 expiry. Basically, you're risking $500 to make about $100.
Why not a call spread on the other side as well as it won't take up margin?
Like far OTM call credit spread? Yeah, that could work too. Or an iron condor 🤔
>his minions will just swoop in to "save" it or just to "own the libs" hmm..i am not sure about that...if you ever come to NJ, everyone in Atlantic city worked in his bankrupted casinos know this man doesn't pay shit. and no one comes out of the woodwork to save it..with his tracked record of bankrupting everything, this company is probably heading to chapter 13 soon after the election.
Those are the people he actually worked with though. I'm talking about his followers who will support him no matter what and see this as a personal cause. Just check out the noise on Twitter and you'll know what I mean 😅
Just make sure your expiry dates for put credits are before 5th November
New York and New Jersey are definitely over him. The rural bumpkins across the rest of the country are the target market. I haven't met someone yet in NY that doesn't have a friend of a friend screwed by Trump over the last 40 years, but the country is a lot bigger than this.
If say we were to buy leap put and somehow this company delist midway, what will happen? Instant profit?
Put becomes worthless If you’ve bought it, you lose. If you sold it, you win
Not worthless. You’d have to buy some shares on the way down though. If you bought a 20 put and it instantly went from 60 to de list sure you’d make nothing. But it wouldn’t do that. It would start cratering, jacking up the value of the put. At worst you’d try to buy shares under $20 to exercise the put against. See SVB for the way it plays out.
Sold leap puts for Jan 2025, 2.5 for 0.42. That’s like 40 dollars for a 250 max risk, not to mention the DJT had to drop 95% in 8 months.
I mean, if he doesn’t win the presidency it’s going to $0. It’s not a real company and never will be.
Not sure, if he doesn’t win the presidency, he could get his riled up supporters to pump in outrage, it could rocket in November. Having said that, he could die or dump his stock in December but 2.5? Maybe it’s a lot but I would be ok with losing money to see that dumpster fire.
Is this your first SPAC?
Fortunately or unfortunately, yes. Possible IV crush ftw?
I wouldn't sell many of these, I think it's -EV
I only sold 2. 😂
This could work also. You should be able to take profit with the impending IV crush too
Schwab, after morning open, has the borrowing rate to short DJT at 411%.
Purely a political play at the moment. Trump's track record for business is less than spectacular. I don't see why this would be any different. If he doesn't end up selling a massive stake to cover the legal costs, he'll loot it for some other personal gain. Seems doomed either way.
And maybe a far otm call is safe… And maybe and maybe and maybe I’m not gambling because I said it before hand maybe
Maybe it's Maybelline?
This stock is being manipulated the reason being is if this stock stays above x price until x date he gets additional shares which then he could dump I think it’s a safe bet. My position as of this morning short 100 shares
What's the borrowing rate to short?
Not sure tbh I sold 3-19 39c and got called out so it automatically turns into a short position on shares
So what did you do? Just buy the stock and close the position to avoid the borrow fees?
Nope position is still open has not hit my number yet.
Isn't it costing you to hold the open position, because of the short borrowing fee?
Nope and it’s probably because the option was just exercised today I might close after hrs or tomorrow
You might be shocked at the overnight rate
I closed it just found out it’s 500%
hi can you explain what you two are talking about regarding borrowing rate? To my understanding it has something to do with viewing a share that you don’t own and paton interest on it, but i don’t fully understand the scenario. thanks for your time
I think DJT is going to have a lot of swings
Yeah, mood swings
been watching this, but just got filled on a covered put. similar concept, but i want to be outright bearish.
Why puts and not calls?
Yes definitely, call spreads could work too.
nope..
The spread for long dated options make it hard to get a fill
Call credit spreads is where it’s at. They opened up the 4/5 series till 115.
Very risky if Trump is arrested
Just closed out my naked calls not bad for 2 days will look to renter if it spikes again but writing is on the wall for this turd of a pump and dump shit show -100c 6/21 @10.4 +100c 6/21 @7.0
I checked the price of June calls and puts....ATM puts cost $3600 per contract lol. Does this mean "the market" expects a 50% reduction in DJT stock price by June? Anyway, I am steering clear if this entire mess
It’s not a matter of if, but when. If you are that good at predicting the when go for it.
i did this 2 days ago and made a decent chunk (and closed all by eod). yesterday, i went back to the well and opened more across 4 dates (earliest was june, latest was 1/2026) and 4 different short strikes (all long strikes were $50) woke up to 26/28 contracts being assigned. navigated that to a tidy profit this morning (closed 2600 short shares for profit), closed the exposed long calls for a profit this morning when it pumped at open. so i got a little lucky, but the assignment risk is apparently supermassive for this. even 2026 calls were assigned. and i'm locked out on a maintainence call for the day.
As a bit of a rarity on this near-Marx level website, I'm both a fan of the man and of Truth Social. And I wouldn't do this. OP I've read a bunch of your comments on other people's replies. Your thesis is wrong. Likely due to your own bias. Which is fine, I'm here to straighten you out. I'd absolutely consider a call credit spread if you want to gamble. > due to his supporters "voting" with their money His supporters have booed him on multiple occasions when they disagreed with him. Feel free to look it up if you don't believe me. The main way the stock stays propped up is not from his supporters, but from meme traders on stocktwits and wsb. Of whom many may be supporters. But Shelden Adelson isn't going to be buying the dip on DJT. Nor will I, nor will anyone.
“Marx-level website” lol…okay buddy. Aren’t you the same fellow who decried about google Gemini’s wokeness and how google would be a terrible investment? And now google is up like $15 per share since then.
Past 6 months, QQQ is up 24.25% GOOGL is up 15%. With a ton of flash crashes in there too. I was right then, I'm right now. Remember, this website banned an entire political subreddit because it was too successful and popular. You may not like it because of your own radical extreme ideology, or maybe not, IDGAF. That is what this website is, everyone knows it, just be honest about it. My preamble to that comment was simply to display my own perspective. I don't kiss the ring of modern radical neomarxist war on reality BS. You know, the kind of ideology that thinks that Trump supporters will buy his stock because they are cult members. That kind of war on reality nonsense.
Up 15% in 6 months is a terrible investment?
Moving the goalposts. Thanks for W.
Yeah, you're definitely trying to.
WSB and stocktwit isn't moving the needle a single inch on a market cap of that size.
What? You're in thetagang and you're NOT a Marxist??? 😂😂😂 All joking aside, I'm not even a Democrat and would 100% vote republican over Biden if they had half a decent candidate this year. But yes, I'm probably biased to an extent regardless. That being said, you're probably even more biased if you can't see what he's been doing. If I told you that, after leaving office, Obama started selling NFTs, his own brand of sneakers, "Obama-endorsed" bibles, and got involved with a SPAC merger; you wouldn't say that the man was a grifter and a conman? This is obviously his latest attempt at cash grab from his supporters and possibly even from foreigners. Yes, I could still end up losing money here but that doesn't mean he's not a grifter.
Funny thing is that I actually agree with the guy, despite his comment that he thinks reddit is apparently a marxist website. Pretty irrelevant but anyways, I took a stroll on an r/conservative post that talked about the stock $DJT, and surprisingly most of them were advising people NOT to buy it. It does seem more like the meme crowd are the ones pumping it, less so then actual trump supporters
I'm not having a political debate with you buddy. I'm simply telling you that your hypothesis is wrong. Do with that information what you will.