Tesla and Meta stock earnings got released yesterday, and their stock market prices went up initially..do you hokd any?
My girlfriend holds Meta and TSLA Rtokens. When the earnings were announced, she knew the price would follow an uptrend, so she used her Rtokens as collateral to borrow some USDT, placed a long position on Meta, and when the price went up +5% to around $748, she TP. If she were holding the stock on Robinhood or Moomoo, I don't think that would have been possible, or would it? Have no idea.
Though there are risks involved, this option for tokenized stocks is far more flexible, in my opinion, than that of traditional stocks. How do you see this feature?
My girlfriend holds Meta and TSLA Rtokens. When the earnings were announced, she knew the price would follow an uptrend, so she used her Rtokens as collateral to borrow some USDT, placed a long position on Meta, and when the price went up +5% to around $748, she TP. If she were holding the stock on Robinhood or Moomoo, I don't think that would have been possible, or would it? Have no idea.
Though there are risks involved, this option for tokenized stocks is far more flexible, in my opinion, than that of traditional stocks. How do you see this feature?