no kidding - should just have Eeyore do the earnings call
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
There's pretty much guaranteed to be bearish narrative's over the next couple of months (ignoring any advancements on FSD front).
Tesla's inventory nearly double so either we're about to see massive price cuts or we're going to see announcements of idling production lines. Maybe even a combination of both. Wouldn't be surprised to see some layoffs as well (good for any other stock but always terrible for TSLA lol )
Stock will likely be hit 3-5% on each bearish narrative event. We'll need some majorly positive FSD progress over the next couple of months to counter it.
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I have always tried to turn a blind eye to the fundamentals when doing my chart work, but today it's exceptionally difficult to do so. I'm very surprised that it has not broken 160 and think it has something to do with the 2H overbought reading that we saw earlier last week. The difference now is the odd has swung overwhelmingly toward 145. I think we'll see it after ER. Between now and ER I think we just going to chop sideway.
thenewguy1979
"The" Dog
Come on now Eeyore and Pooh are legends. Leave them alone.
Aint fun without Elon anyway. This will test Elon in ways that other ERs may have not in a long while. The buck stop here....
thenewguy1979
"The" Dog
Thanks dl003. Any re-positioning since ER now delays till the 23rd?
Was thinking of the below Put Spread
I think there's a good chance we'll test 170-171 between now and Friday. That'd be the ideal spot to enter this spread.
bmd00
Member
Those puts should be looking pretty good right now.Interesting.
Are you saying we might be done with lows?
What size pop are you thinking and do you see any retracement after back to low 170s so those with puts can close them out
Oh yes! All cashed in at $164 earlier this morning. Slowly rebuilding a new short position on strength.
Me too. But I'm going a bit lighter on new shorts since we are this much down already. Can always add if we break and close candles below $158, etc.
Right now I'm delighted seeing the resiliency of it hanging in there around $166.
Like others here I'm a bit surprised at the price action. Going to close my april 12th $170 puts near market close today and hold my Jan '25 cc at $240c in the event we see a drop throughout the next few weeks. The puts are too short term to hold onto I think.
Edit: closed the April 12th puts @ $170p for $6.60 each. Decent +25% low risk trade
Edit: closed the April 12th puts @ $170p for $6.60 each. Decent +25% low risk trade
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SebastienBonny
Member
In fact it amazes me as well, but could FSD, AI, Energy, Optimus,… already be priced in more than we think? Could WS understand that Tesla is somewhat transitioning and those other segments are growing more and more?
Not saying we can’t get any lower, but 9 months ago we were banging 300s door, it’s not like Tesla changed that much to trade half of that today. To be honest: maybe 300 was too high back then as well.
Will sit and wait now and see what the numbers say in a few weeks.
Not saying we can’t get any lower, but 9 months ago we were banging 300s door, it’s not like Tesla changed that much to trade half of that today. To be honest: maybe 300 was too high back then as well.
Will sit and wait now and see what the numbers say in a few weeks.
Ditto - Although this morning would have been a better time to sell these , I still made ~2$ holding 24 hours !
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