i decided exactly against that. Even with the on -710c i have,
today we had a "perfect storm". Strong macros, massive call-buying, totally in the "gamma-squeezy"-range for tomorrows expiry..
You could see how MM tried to "hold the lid" on it yesterday and today. All the pressures above means that they could only "soften the raise", but will be back with a vengance tomorrow.
Also this feels a bit bull-trappy...
Look at the rest of the industry:
TSLA: +5.6%
old auto:
GM: +4.6%
F: +5.5%
VOW: +6.2%
BMW: +5%
MBG: +6.3%
new auto:
NIO: +9%
BYDDY: +5.3%
XPEV: +6.6%
LCID: + 8.3%
RIVN: +6.8%
NKLA: + 4.8%
SEV: +5.1%
FSR: +4%
we are completely in the middle of the pack. This has NOTHING to do with TSLA-specfics. If tomorrow some manufacturers talk about how hard things are, China coughs a little and lockdowns, powell sneezes at the market or anything .. this can all be erased FAST.
All this - even when oil is up 5% and over 100 again, 10 year trasury yield broke 3% again (up from 2.8x 2 days ago) and other things that were used as arguments why "a recession is coming!!1"..
It just FEELS wrong to be up 5% on that