Buy bitcoins and earn on them
The fears of what would happen from Democratic wins in Georgia's race failed to pan out, aside from tech taking a few hits.
Here's what's happening instead and why. Senate seat in Georgia to Raphael Warnock, a defeat that -- coupled with an expected victory for Jon Ossoff -- will hand Democrats control of the upper chamber.
The double blow cost more than bruised egos.
For more articles like this, please visit us at bloomberg. While Tesla bulls are betting the stock's insane run will continue following a Democratic Senate sweep in Georgia, some Tesla option traders are dumping massive amounts of call options on Wednesday.
Beginners Guide to Earn Money from BITCOIN INDIA 2020 - Bitcoin in India Legal? - SIP - Bitdroplet
Why It's Important: Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades. Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.
Many of these large options traders are wealthy individuals or institutions who may have unique information or theses related to the underlying stock. Unfortunately, stock traders often use the options market to hedge against their larger stock positions, and there's no surefire way to determine if an options trade is a standalone position or a hedge.
In this case, robots making money the relatively large size of the largest Tesla option trades, there's certainly a possibility they could be an institutional hedge on a large position in Tesla stock.
Tesla Investors Cashing In: Wednesday's big option trades come after Tesla reported a recordvehicle deliveries in the fourth quarter, up That number exceeded analyst buy bitcoins and earn on them ofvehicles. For the full year ofTesla deliveredvehicles. Tesla had previously said it would "comfortably exceed"vehicle deliveries in Tesla investors are hoping Democrats in control of the White House and Congress will provide a significant tailwind for clean energy stocks.
Tesla bulls can't be upset about option traders cashing out on what could potentially be massive trading gains on these calls after Tesla's historic run. Benzinga does not provide investment advice.
All rights reserved.