Many people predicted a couple of weeks ago he would wiggle out... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		t0mas88 on May 13, 2022 \| parent \| context \| favorite \| on: Twitter Deal Temporarily on Hold Many people predicted a couple of weeks ago he would wiggle out...

vmception on May 13, 2022 | [–]

The implied volatility of those twitter option remained at 99%

66% across expirations

People were betting

usrn on May 13, 2022 | | [–]

I still have my puts.

TheHypnotist on May 13, 2022 | [–]

The whole thing was a pump and dump. He sold billions in shares weeks ago.

https://www.wsj.com/articles/elon-musk-sells-billions-of-dol...

turingfeel on May 13, 2022 | [–]

In order to fund the Twitter deal. They were Tesla not Twitter shares.

outworlder on May 13, 2022 | | [–]

Yeap. Sell high, TSLA tank, buy low.

Pump and dump by definition.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact