From unrealized loss to unrealized gain, a whale's $10.5 million TSLA short position remains open
Odaily News: After the U.S. stock market opened, the TSLA contract price dropped to $364.8, a decline of about 1.3%, briefly falling below the approximately $365.3 level seen at the start of the Roadster unveiling event, with all gains after the event once fully erased. A whale holds a TSLA short position worth about $10.5 million. The position had previously shown an unrealized loss of about $310,000 and now shows an unrealized gain of about $66,000, and remains open. Another whale's TSLA long position suffered partial liquidation, with about 2,093 contracts forcibly liquidated, worth about $764,000, resulting in a loss of about $27,800. This address still holds about 6,697 TSLA long contracts, using 20x cross margin leverage, worth about $2.45 million, with an unrealized loss of about $84,000, and the liquidation price of the remaining position is about $361.8.
