Jeff Chew
11-06

$Trump Media & Technology(DJT)$  Help!!!!!Why DJT plunge so much from $50 to$37 after Trump declared victory in the election?? Super evil capitalist!!![Cry]  [Cry]  

Then I buy DJT $115 call @0.81 yesterday when DJT still $34 why today price become @0.18 when today price rocket so much? I BUY CALL leh totally abnormal & unacceptable!!! Why the price moving in opposite directions Tiger plsss help me[Cry]  [Cry]  

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Comments

  • SeriouSyrius
    11-07
    SeriouSyrius
    To add on, your call price drop because of 2 reasons, it’s too far out of the money and IV drop. You seem to have no idea how option work. Just because a stock goes up doesn’t mean your call goes up. You need more education on option. Cheers
  • Loyster
    11-07
    Loyster
    u need to learn how options works. this is simply premium compression. the expectation yesterday of DJT to massively rally was high, but today that expectation has dropped to close to zero. And the option pricing is based on the expected return of that option. So since the probability of that option expiring in the money now is virtually zero the option price will drop to zero too.

    That's why I sold a call option last week instead of buying to take advantage of that phenomenon.

  • Mittens
    11-06
    Mittens
    anyone .. when I tried to take profit ..I have a prompt which I have never seen before.. initializing order . then spin spin and jammed
    • bull06ReplyLoyster: 
      same.. halt is one thing which I understand when there is high volume. but you can't sell at all after the trade resume. now the profit have turned into a loss
    • Loyster: 
      same....so angry last night....this morning wake up then think maybe due to the multiple halts in the stock
    • Jeff Chew: 
      My tiger app also super lag today Tiger app pls don't swallow our hard earned 💰 😭😭😭
  • SeriouSyrius
    11-07
    SeriouSyrius
    Your post at the beginning is flawed already. Traders are taking profit pre election result to reduce risk thus it dropped. The drop wasn’t after election but its before election.
  • Jeff Chew
    11-07
    Jeff Chew
    Another question. Why Tesla didn't experience IV crush like DJT? Just because Tesla IV is lesser than DJT? Tks god my profit from buying Tesla call can cover loss from buying DJT call. If Tesla share price also plunge like DJT after Trump victory I think I can jump down from HDB already [Cry] [Cry]
  • Happiness.
    11-07
    Happiness.
    Maybe you shd know you are playing a Volatile Stock 🙄🙄
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