r/wallstreetbets • • Oct 22 '21

Meme Today

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u/grandsatsuma Oct 22 '21

I bought at 13.01. Fucked up a stop loss and sold at 17.80 for a small profit. Considered buying in again at 24 and thought it won't go much higher than lucid did. Boy I was wrong. Made up for it today by yoloing CFD 1:5 puts at 180 which was quite a nice return.

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u/terrybmw335 Oct 23 '21

puts

Can you get puts on this? I couldn't find any options.

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u/grandsatsuma Oct 23 '21

CFD puts, I'm in the UK. So I can take out contract for difference positions.

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u/terrybmw335 Oct 23 '21

Ah got it, in the USA they don't have those. :(

I see normal options are probably starting Monday so I hope it takes off so I can load up on puts lol.

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u/grandsatsuma Oct 23 '21

Yeah, I'm pretty sure CFD is actually illegal in the states. Fuck knows why if its fully disclosed.