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A Robinhood trader said he turned $5,000 to more than $130,000 due to Tesla’s crazy stock rally.
A Reddit user using the name Kronos_415 said that he uttered the yield in under a month by trading call options.
He argued that an $800 stock price was reasonable given Tesla’s innovations and growth.
“Anything beyond $900 for Tesla is purely speculative, as their financials can’t legitimately back a valuation that high yet,” he explained.
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A Robinhood user said he turned $5,000 to more than $130,000 due to Tesla’s remarkable stock rally this past season.
The trader, with the Kronos_415 on Reddit, said that he uttered the yield in under a month. He advised Business Insider that he’s a small business analyst in Washington, DC, that started investing. He declined to share his name. See the rest of the narrative at Business Insider
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