kevin99
Member
Approaching $180, seems a good buying opportunity even at $181.
I go in buy the weekly Oct2 @180.
I go in buy the weekly Oct2 @180.
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Short-Term TSLA Price Movements - 2013
- Thread starter Robert.Boston
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Citizen-T
Active Member
Mario Kadastik
Active Member
Well I gambled on winning some from the high premiums and sold yesterday the 195 put for december. Then today at the dip to 185 I sold another one bringing the average sale price to $25. So my break-even in December is $175 which should be a breezer assuming that no major catastrophy hits and that the Q3 is a beat holding or ballooning TSLA over $200 that I and everyone here assume. It's a risky long position and I might have to consider some hedge at some point.
Can we please please drop another $5-$10.I wanna buyyy!
How about another $50?
This is not going to end well.
CapitalistOppressor
Active Member
Yep, I think CitizenT/twitter is right with $178 as bottom if its hit in the next two days or so.
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So you are predicting we drop out of the current channel, down to $130?
Mario Kadastik
Active Member
So what do people think caused todays 6.5% drop so far and both downturns have been on volume. Just the correction that people have been expecting or more to it... The downgrade to neutral and the "firey" story? The latter I doubt has hit all the news yet...
Citizen-T
Active Member
I'm going to begin unwinding my hedges before the end of the day. I'll probably start by buying back the calls that I sold. I'll make ~40% on them if I sell right now.
kevin99
Member
CapitalistOppressor
Active Member
Yep, I think CitizenT/twitter is right with $178 as bottom if its hit in the next two days or so.
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So you are predicting we drop out of the current channel, down to $130?
Only if it's confirmed that the fire was a result of a cascade failure of the main battery pack. Evidence so far is consistent with that, but it is also consistent with some other possible causes as well.
Right now, I am leaning towards it being a problem with the 12v battery causing the fire (assuming its a Tesla mechanical failure, as opposed to some unrelated black swan event) which is not nearly as bad as a problem with the main pack, but will still cause a significant short term run on the stock I think.
I just did this an hour ago. Missed this new drop, but made 40% on the 195s I sold...on Monday, I think. Unfortunately it was only two contracts, heh.
Then I bought some calls when the stock was at 185 or so, that's not working out so far :-/
Bardlebee
Member
I'm thinking of selling my gains from SCTY and putting it into TSLA right now. I wonder where bottom is? One can never tell these things.
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