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home / news releases / GS - Don't Overlook The Vampire Squid's Role In The Recent Tesla Call Buying Frenzy

GS - Don't Overlook The Vampire Squid's Role In The Recent Tesla Call Buying Frenzy

Goldman Sachs Group Inc.
  • It turns out that Goldman recently profited $100 million from its own buying of call options on Tesla shares.
  • It also turns out that Goldman (and Morgan) a while back also lent Elon Musk several hundred million dollars against his holdings of Tesla stock.
  • I have no evidence to actually prove anything but it certainly looks to me like Goldman has found a way to prevent what could have become very real "problems" for the bank, in the J. Paul Getty sense, by way of the market for equity derivatives.

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Don't Overlook The Vampire Squid's Role In The Recent Tesla Call Buying Frenzy
Stock Information
Company Name: Goldman Sachs Group Inc.
Stock Symbol: GS
Market: NYSE
Website: goldmansachs.com
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