High probability the last two weeks are the short squeeze. 6/15 shares short number comes out on the 26th.
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High probability the last two weeks are the short squeeze. 6/15 shares short number comes out on the 26th.
Not only. I have also remarked those past few weeks an increased awareness of TSLA in my entourage that previously barely knew Tesla is an automaker.
I'm pretty sure a lot of "private deep pockets" are coming in the train.
We're both speculating, but we'll have a confirmed answer in a few weeks. I know some institutions have covered. There will always be a portion that stays and waits for delivery and profitability data. New shorts are also picked up along the way.
You might consider holding core shares and buying trading shares on such dips (by that I mean shares you hold looking to sell on a bounce back, while letting your core shares ride for years).
With this approach, the only way you do poorly is if Tesla does not outperform the market over the next several years, and, there's no risk of having the stock run up on you while your position has been lightened.
Fwiw, I've been doing this since 2012 with Tesla after having been quite pleased with how it turned out over many years in my prior heavily concentrated individual stock holding.
How do you know that when it's 20% down it is not the time to buy back the stock you sold when it was down 10%?
mejojo
Active Member
I have a feeling that MAX PAIN has been redefined this week...
Some very iron-clad technical, and price action values that TSLA adhered to are only just now being ignored, and currently on still heavy volume.
Of course hedge funds will try to unwind over several days, if not weeks. Similar dynamic to institutional accumulation.
May 31 short interest will be published after the market closes tomorrow: NASDAQ Short Interest Publication Schedule
I highly doubt MM is going to take TSLA down to $350 and to save TeslaMike. Max pain for options isn't in control anymore. The stock has been on the rise probably because of those wanting to cover for their short positions before they get f***ed over in worse as we approach July.
Some short seller isn't gonna be paying attention jaywalking while furiously checking tsla price updates in Fremont.
They will be run over by a Model 3 literally and figuratively.
Muaddid
Member
I thought I had done great on one of my first option but it just keeps going up ! (June 16th @ 320, brought for 7, sold at 18.5 and 35, now at 50!)
Now I'm wondering what to do with this money, wait for a dip that may never happen or buy some Jan 2018 calls...
Now I'm wondering what to do with this money, wait for a dip that may never happen or buy some Jan 2018 calls...
DragonWatch
Small FootPrint
Much like 360 SP, I am afraid your news is old.
For fun, I did a buy-write on 100 newly bought shares (yesterday morning) just to see what would happen with a OOTM 365 call.
Figure worst case, it kisses 365 I get called away for a small profit.
Worser case happened. I get called away for a small profit and who the hell knows how much more profit I just gave up.
I'm dumb apparently.. but not dumb enough to sell calls naked.
Indeed, and such an orderly short covering process by professionally run hedge funds may have already begun. Retail short sellers who keep holding tight could eventually become the victims of a true short squeeze. But I wouldn't consider the stampede over until short covering is completed by that mini-hedge fund manager who has been publicly dissing TSLA and Elon ever since the IPO seven years ago.
What's a healthy short interest percentage? I just looked up AAPL, and they have 1.5 - 2 days to cover worth of short interest. Would TSLA short interest have to drop 50-60% for it to be considered normal?Indeed, and such an orderly short covering process by professionally run hedge funds may have already begun. Retail short sellers who keep holding tight could eventually become the victims of a true short squeeze. But I wouldn't consider the stampede over until short covering is completed by that mini-hedge fund manager who has been publicly dissing TSLA and Elon ever since the IPO seven years ago.
Above daily upper BB 4 days in a row? Don't care
Above weekly upper BB? Don't care
Way above typical 22 dollar intra-week price range? Don't care
Burst above trend channel on the daily? Don't care
Long hair. Don't care
Above weekly upper BB? Don't care
Way above typical 22 dollar intra-week price range? Don't care
Burst above trend channel on the daily? Don't care
Long hair. Don't care
If I were you, I would move those trailing stops off the round 10% numbers. You will not be the only one with stops at that level, and professionals will take advantage of that fact. I would move them to 12.3% or something.
I recommend a number like 12.4 because the real pros would take advantage of those setting stops at the 12.3 levels.
Stops carry their own risk as well. You stop out at 10 % down and TTT007 buys 9% up - you are out of position.
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