OK, on the dip BTC 100x 1/5 -c270 @$0.25 (net +$1.05)
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
For Ship arriving Dec 29th, I don't think Tesla was expecting deliveries by 31sts. There always are end of quarter ships that are for the next quarter. Shanghai ports were full at EOQ as well ....
I am surprised even Gary thinks like that on twitter
Leverage. Those shares gained 150% as of today while depending on strike, those LEAPS are probably +500% to +2000%.
SpeedyEddy
Active Member
To be clear are you saying we are in sell-the-rip mode?
What level needs to be taken to change to tilt bullish again?
wait I was reading the P&D for Q3 and it said October 18th so I thought I saw January 18th. The Q4 P&D says 1/24. It makes sense now. Whew I need my coffee.
Knightshade
Well-Known Member
RIVN tanked on delivery miss. They delivered less than 14,000 vehicles, over AN ENTIRE QUARTER!
Cybertruck is going to destroy their sales going forward on the pickup, and they are going to have stiff competition on their SUV from Kia.
CT will be lucky to be delivering 14k a quarter 6 months from now- and it'll all be to previous reservation holders for at least 1-2 years (longer if the reservation conversion rate is even 50%)- so new buyers wanting an EV pickup won't be getting a CT until like 2025-2026 depending on how high you think the reservation conversion rate is.
None of which changes Rivian has a number of challenges, but "Because CT" isn't really one of them at the moment- CT is not a viable alternative to a Rivian if you want an EV pickup anytime soon and don't have a low-# CT reservation (and even those guys are only able to get one presently if you pay an extra 20k for a founders one)
In any event, there's a whole other thread for Rivian if you want to discuss further-
More like hedge the rip mode. I wouldn't go full sell mode until 257.
SpeedyEddy
Active Member
I missed the dip, so no -P yet and maybe not even today. (less hasty with these, because of the -P147.50 for the week already in play and being anxious about MA4x theory to break, but today looks hopeful on that one and there is a lot of headroom if we get the expected DCB (later to be qualified as not so dead even...)
NOT to misinterpret my posts before: Based on MA4x I really do NOT expect to hit 237, but if SPX is not recovering and not filling the gap soon enough, we MIGHT go 237, which most likely will be a bottom.
NOT to misinterpret my posts before: Based on MA4x I really do NOT expect to hit 237, but if SPX is not recovering and not filling the gap soon enough, we MIGHT go 237, which most likely will be a bottom.
No 257. Why would I want to short low lol.
Sold 275Cs exp next week on the bounce to 251 just now.
You're right. My original question was what level needs to be taken and held to change to tilt bullish again.
I don't see any path to bullishness until after ER and possibly after EOM so I don't have any level yet. Maybe the stock will humble me again like last month but till then I'm not bullish.
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