I keep seeing these news articles about PayPal fining users for misinformation. Seems like a put is a good idea in the near future… opinions?
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Best guess by the time we can buy puts it’ll be too late.
There also an ETF that shorts PayPal $PYPS
Did they flip flop on it? Pulled an onlyfans
Yup puts.
I just saw something about them retract or change it. Not sure if that’s true tho
Fuck yeah puts
Good rule of thumb is if you are seeing multiple people posting something on WSB it’s too late.
If only we can buy the puts soon enough. My guess is we won’t make in time.
Too much institutional backing for a big play to happen unfortunately. Us plebs that would actually be affected by this policy don’t have enough wealth to move it down that much. But hopefully their earnings are shit next quarter
Will we get fined for saying we’re gonna short PayPal???
What happened at PayPal?
Im gonna make them bleed with my puts
So how would this work, exactly? They would seize the money resting in your PayPal account, or they would take it from any linked banked account or credit card?
Sounds…. Illegal to me. Or at least it should be.
media is not reporting the paypal story. hard to find it on reddit too
Im buying calls because they will be acquired by Twitter to make a US copy of WeChat under Enron(always inverse WSB)
I think you’re getting this all wrong!! This is amazing and will make the world a much better and happier place. We should worship the great PayPal by investing all in on it and thanking the CEO constantly for his tireless work in making humanity so much better (please PayPal give me back my money and family I did what you told me to do what more do you want)
Am i the only one that thinks this was a huge over-reaction? Their terms of service already includes loads of reasons you can be fined $2500. As someone who’s used PayPal for a decade… my employer even pays me through PayPal, i did not read this and think “wow they are gonna fine me $2500 for no reason”. I don’t see how the average PayPal user has anything to worry about.
From trading perspective… Oct 14th Puts are currently up about 80-90% today. As others said, the little guys probably aren’t gonna get a chance to short it. It’s going to open Tuesday down big and the premium on options will be monstrous
Watch it go up. Always inverse wsb
MC Hammer, where’s my 10 foot pole.
If you’ve heard the news, it’s too late
If they fine people they GAIN money. Which would offset any minor userbase leaving because of this policy change
Many investors will look into crypto because of this. Censorship resistance is only possible through blockchain technology. Perhaps investing in $COIN maybe an easier option.