- MemberJune 18, 2020 at 8:44 pm
Hey guys, would like to know if anyone is thinking about buying NKLA late July puts?
- MemberJune 19, 2020 at 2:59 am
Pretty risky since much of the price is driven by retail investors. It could just as easily go up from good news and leave you down quite a bit. Is there news coming out late July? I haven’t heard anything, but I don’t plan on touching NKLA.
- MemberJune 24, 2020 at 1:17 am
“Public warrants may not be exercised for cash until the later to occur of July 3, 2020,
Nikola to redeem outstanding warrants if its common stock trades at, or above, $18.00 for 20 days out of 30 trading day period”
I think we will see high volatility in July with NKLA due to investors excising their warrants an dumping shares on the market, PE of 1100 can’t be sustain for too long anyway. I guess I’ll start looking at activity on these July puts to see large puts buys. Neil, but yes any good news with this stock will bring out all the fan/retail buyers to spend the last cash on this stock…..
- MemberJune 25, 2020 at 6:50 am
I would wait until the merger of Tortoise Acquisition Corporation (SHLL) is finished and Hyliion trades under a new ticker symbol to take any type of bear position on Nikola.
- MemberJune 29, 2020 at 11:04 am
I’ve been thinking about this too. seems to be grossly overvalued.
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