I should have said "EV auto market." I can't imagine legacy auto would be giving out 0% loans on their EVs if demand was healthy. I don't know, maybe they would. But I don't think so. I can imagine the headlines if Tesla started offering 0% loans...
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Yes but in general this is a net positive for Tesla that he seems to caring about it more. Hopefully the free speech addiction is wearing off and he is hyper focused on how to commercialize FSD. I still think the “new models” language in the ER was nonsense but clearly the moves he is making are all pointed in “balls to the walll” to FSD direction.
Sure feels like he has set a near term bottom for the stock especially if macros cooperate. No?
Issue I have is that he is building up a track record of pumping the stock when it suits him, now because of his comp plan, previously when he was about to sell... then in the interim he's out of office or even talking the stock price down
Near-term low? Hard to say, what if Q2 P&D is also terrible, what if earnings drop further? Is that baked-in? Musk nonchalantly said Tesla would grow deliveries in 2024, which I already think it a tall order after Q1, if Q2 disappoints then that guidance will surely be withdrawn, of swept under the carpet...
And more random lay-offs, more price cuts, who knows...?
To be honest investors are going to need to be pretty careful, if he doesn't get his comp plan he may go into baby mode and do something that'll screw up the stock in one way or another.
If he does get the comp plan his probably just going to go back to tweeting and X and stop putting so much time into Tesla, in which case you are left with a car company that has no growth. Hello sub 100.
ProfessorZoom
Member
NGL during the shareholder meeting I will have thinkorswim open
Looks like Warren buying 
(Warren acknowledged that Tesla FSD, insurance can be disruptive to Geico cash cow ..)
Sold 197.5 CCs for this Fri ... few pennies for the next insurance fund ....
Closed my 800 NVDA PUT for this Fri, and opened one for Next Fri at 800 for 2$+
+ Now need some good China numbers tomorrow
(Warren acknowledged that Tesla FSD, insurance can be disruptive to Geico cash cow ..)
Sold 197.5 CCs for this Fri ... few pennies for the next insurance fund ....
Closed my 800 NVDA PUT for this Fri, and opened one for Next Fri at 800 for 2$+
+ Now need some good China numbers tomorrow
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Knightshade
Well-Known Member
Sold a buncha 200s for Friday at around 75 cents... since I never time a top that well I expect SP is going higher soon
dc_h
Active Member
I think if you were on the board and Elon didn't fire you, or you didn't change his mind, you were not doing your job.
Got the Mon AM bump, and sold (sto) 17May$205 (11% OTM, behind the large $200 call wall) for a paltry $1.07. First step in shifting to more cautious CC as we await FSD developments; building a reserve with new premiums to buy down 16Aug$180 if and when we have a $15-$20 dip.
Well, that's another reason why I'm currently holding 200x +p150's for July and next January. Sure they might expire worthless, but I don't think the show is over yet...
I have to say that I had a lot of hope in the Gen3 compact to boost the company starting mid 2025, now with all the haze and doubt over that, and a roll of the dice seemingly on FSD, I don't know where we go from here
Anyway, hope y'all got some calls sold on the pop earlier, I was out collecting my wife and son from the train station as they had to pop to Paris for the day (Canadian immigration biometrics for my kid as he's going to university in Montreal)
For my side, still sitting on 80x -c175 & 100x -p180 -> would have liked to have sold a handful of calls earlier, but was sitting in my Tesla, so meh!
Once more we being the "Buffet buying TSLA" bi-annual hopium cycle...Looks like Warren buying
(Warren acknowledged that Tesla FSD, insurance can be disruptive to Geico cash cow ..)
Sold 197.5 CCs for this Fri ... few pennies for the next insurance fund ....
Closed my 800 NVDA PUT for this Fri, and opened one for Next Fri at 800 for 2$+
+ Now need some good China numbers tomorrow
Not sure Elon's "way" resonates with other his personal value or his investing philosophy
dc_h
Active Member
Anyhow...we're crossing into the other thread, myself included.
I sold 205 CC's this morning before MMD and sold some 170 puts on the MMD. Will be interesting if the additional cuts push the stock up or down, or continue sideways. Either way, I'm trying to not get too close to the money. I do have some 185 calls that are an attempt to wind down some July calls at 220. I'll look to sell more calls at 200 if we get back up to 205 or above.
I sold 205 CC's this morning before MMD and sold some 170 puts on the MMD. Will be interesting if the additional cuts push the stock up or down, or continue sideways. Either way, I'm trying to not get too close to the money. I do have some 185 calls that are an attempt to wind down some July calls at 220. I'll look to sell more calls at 200 if we get back up to 205 or above.
By my math, with those now being priced at $5.90 ea, the buyer is currently down $543,000 this morning on that trade, correct?
was kidding on Buffet, I know he will not buy TSLA, doesn't meet criteria ..Once more we being the "Buffet buying TSLA" bi-annual hopium cycle...
Not sure Elon's "way" resonates with other his personal value or his investing philosophy
but atleast they are cognizent that Tesla could disrupt their whole insurance business
And might be some thought for many more who attend the annual retreat.Similar threads
