Related Posts
More Posts
How do I know what grade level is for me?
Additional Posts in Option Traders & Investing
@BC what do you think about SHOP puts?
8/12 Thread (General):
Thoughts on gme
So AMC is def happening this week...

3/2 - (specific symbols)
3/23 Thread (General):
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.





CEO has a huge ego and thinks he can get away with the malarkey Musk pulls. A more apt comparison is probably Mr. Newman.
Also, typically not a good idea to use a company such as GM as a bellwether.
Mentor
If NKLA’s tech is so great how come they’re using GMs battery platform?
Enthusiast
May be trying to get down to 36 level where it was right before it popped. Then it could bounce. I'll give it a shot tho
Mentor
Lawyers put a muzzle on the CEO. This thing is toast in the short term.
Basically, gist is to “let the sec figure it out”? HLF and GE had better responses they could have almost copied.
Glad they pointed out K&E is a leading law firm too 🙄
It looks like buying more puts would have been the play
Especially after posting that you’ve been working on a response for 14 hours and then hiring outside legal counsel
People act like the GM partnership is an endorsement of this crappy company. GM is bringing everything to the table and likely has the discretion to terminate the JV agreement when NKLA fails to meet numerous performance milestones.
GM routinely enters into bigger JV agreements - they just entered into one with Honda that is far less sexy. This is basically an agreement to outsource the market test of their first EV truck so if it fails In the consumer market GM won’t tarnish its truck brands. No one should be surprised if GM quietly cuts bait a month from now.
Mentor
Play at your own risk. I take higher probability trades
You think it will get above 41.3 by tom EOD?
Mentor
Just needs a spike on any information released. Company will defend. CEO tweeted that he is drafting a response
Mentor
I don’t care long term for NKLA. Just playing the action
Mentor
Check out the CEOs twitter. Likely a big response tonight
I am buying 38.5 calls for next week
Mentor
Averaged down at .7. Now own at $1
Mentor
Good luck all. Going wrong direction now but willing to take the L so will hold till tomorrow
Mentor
Overall market action didn’t help this play
Mentor
Unfortunately no
Lol now Citron Research is jumping on board.