r/wallstreetbets
Put Options on SpaceX?
OP asks about buying put options on SpaceX before a fictional Q2 earnings and NASDAQ inclusion, predicting it will acquire Tesla.
- SpaceX is expected to report billions in losses in Q2 earnings.
- Insider shares will likely be unlocked and sold due to projected losses.
- Investors may jump ship before the anticipated acquisition.
Long time lurker, first time poster, full time dumbass regarding investing.
I know SpaceX will inevitably acquire Tesla, likely doubling their valuation. I believe before that happens, X investors who have been forcibly strapped into the stock-rocket of these companies compiling will likely jump ship.
How stupid would it be buy put options on SpaceX from around July - September? SpaceX will be further inflated from the NASDAQ 100 since will be added after 15 days. Q2 earnings report for SpaceX is 9/2, where they will most likely again show billions in losses. At that time, more insider shares will be unlocked and likely sold given the projected losses.
I’m likely just burning my money with wishful thinking but would love to hear others input.