someone explain why my puts lost money while the stock went down Discussion
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On October 31 2019 a man on this website discovered that leverage is a two-way instrument. $GUH carries the meme to Robinhood Chain. The planned market is GUH/AAPL via PAIR on Robinhood Chain. AAPL Stock Token is the quote asset for that market, so trades use the Stock Token side rather than an ETH/WETH quote.
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Pre-launch: the live contract is not published yet. AAPL Stock Tokens provide economic exposure to Apple; they are not Apple shares themselves. Always verify the official address before trading.
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u/PositionSizing_Fan · 3402 points ·
IV crush. it is a fee for being right loudly.
u/DueDiligenceDan · 2140 points ·
being correct on direction and wrong on vehicle is the most expensive kind of correct there is