Maybe they are looking to save money right now and just feed buckets of skittles to the semi-automated line workers to push that as far as it can go.
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Maybe they are looking to save money right now and just feed buckets of skittles to the semi-automated line workers to push that as far as it can go.
Keep in mind he's a day trader, so these are extremely short term positions. By Monday or Tuesday, he may be buying gobs of weekly calls.While we are here cheering we have likely seen the bottom for TSLA, Option Sniper is currently buying more puts....is this not the end for this dramatic fall?
Option_Sniper on Twitter
It just followed the market down at the end.But here's the thing that gets me, I was expecting a nice pull back towards closing, possibly towards 304, but seems like shorts are really determined that TSLA will drop even further. Not sure if they know something that we don't or...
The biggest wildcard for next week is the overall market. Is it bottoming around the 200 MA? Or not? TSLA at this point is priced for a persistent failure with the model 3 ramp. Maybe it will continue to fail and disappoint further, but I don't think so.
I have been a real downer on the model 3 ramp, but I think we are finally seeing the signs of a real ramp. Next week we will need to see more confirmation in the form of more VIN assignments and even another batch of NHTSA registrations. I still think deliveries will be low but production should break 2k+ for an entire week or more. Its not going to be good enough to extrapolate the last 3 days of the quarter again. They need to come out and say, "We manufactured 2082 in the last full work week of the month and have doubled production during the quarter and the path to 5k is still very much in tact."
Agreed, honestly I would rather read something like " We are currently at a pace of 1800/w for a full week and are seeing tremendous progresses, looking at increasing to 2500/w in the next 2 weeks, and in line to achieve 5000/w by end of quarter "
Than the BS " if we extrapolate the last 3 days of the quarter we achieved 2500/w ...."
He’s been contradicting himself all day, bought puts earlier and said tsla was stronger than he anticipated but he added more puts. He also said don’t trade on emotion but facts yet he keeps adding to Tesla puts which aren’t paying.
Also, this market is brutal. I’m starting to second guess my long positions but I know as soon as I sell things will dramatically go up
If the last few days of March is indeed producing at a faster rate than the previous full week, and is maintained into the 1st week of April, that would be a good message to convey also.Agreed, honestly I would rather read something like " We are currently at a pace of 1800/w for a full week and are seeing tremendous progresses, looking at increasing to 2500/w in the next 2 weeks, and in line to achieve 5000/w by end of quarter "
Than the BS " if we extrapolate the last 3 days of the quarter we achieved 2500/w ...."
The TSLA chart admittedly looks pretty bleak now. Quite a swing from Wednesday when things appeared to have hit a strong bottom. The Trump tariff nonsense certainly came at a bad time..
Thats not even the worst. Messaging from white house about not considering to fire mueller should be trump speak for 'going to fire mueller soon', and hiring John Bolton who firmly seated controversially elected George W Bush by starting a war based on lies (Iraq) is quite an omnious choice for the situation we are in. In other words: macros as scary as never before.
Just three weeks ago Bolton was speaking of making a pre-emptive nuclear strike against n. Korea.. Trump has finally found someone as sick in the head as he is. Listen to today's podcast of Democracy Now for details.Thats not even the worst. Messaging from white house about not considering to fire mueller should be trump speak for 'going to fire mueller soon', and hiring John Bolton who firmly seated controversially elected George W Bush by starting a war based on lies (Iraq) is quite an omnious choice for the situation we are in. In other words: macros as scary as never before.
Hello 300, my old friend...
I've come to talk with you again...
Good News: Market is falling at a pace equal to or greater than Tesla is falling. At least we have that going for us.
A falling tide lowers all boats?
If so, I hope TSLA has a deep draft.
Regardless, I predict the stock will not descend next Friday.
Because the market will be closed?A falling tide lowers all boats?
If so, I hope TSLA has a deep draft.
Regardless, I predict the stock will not descend next Friday.