NKLA? Buy some puts? I figure it will go down next week.

by | Oct 18, 2022 | Resources | 11 comments

NKLA? Buy some puts? I figure it will go down next week.

Trevor Milton was charged with making fraudulent statements to drive up Nikola’s stock. Milton of one count of securities fraud and two counts of wire fraud. He may now face a maximum prison sentence of 20 years.



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NKLA? Buy some puts? I figure it will go down next week.


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NKLA? Buy some puts? I figure it will go down next week.

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NKLA? Buy some puts? I figure it will go down next week.

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11 Comments

  1. GameOfThrone88

    there’s a TV program called ‘American Greed’ did a documentary on Milton. This dude is a total fraud. He deserved to spend a long time in jail, and he’s still much better with billions than those who lost money on his lies.

    Not sure if NKLA will drop because of him unless he decided to dump his shares.

  2. unclebobstill

    She’s already dropped

  3. UnBearable1520

    Everyone found out that NKLA was bullshit back in 2020- this is priced in, criminal trial has little bearing on the price action now

  4. VisualMod

    >It’s no surprise that Trevor Milton was charged with fraud – he is a complete and utter scumbag who has been scamming investors for years. His entire company is a fraud, and he deserves to go to prison for his crimes.

  5. sasukewiththerinne

    Up only.

  6. Big_Biscotti_1259

    Isn’t it priced in already?

  7. AmazingLetterhead194

    Good luck selling those puts.

  8. KillSwitchOn89

    In this market it will probably sky rocket

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  10. Antique_Ruin_1452

    Is there really that much upside buying puts on a stock that trades at $3?

  11. KnochenKotzer666

    .. buy puts .. thousands .. 2$ strike .. absolutely safe bet .. company is doomed .. not financial advice ..

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