I got myself a risk-free call spread out of this mess. And a bit of cash on the puts I bought after hearing about the fire yesterday. I sold the puts too quickly though (with the market basically not moving on the news yesterday and during AH and Pre-market, I thought it would be a non-event). Sold them when we went around $158 for about a 30% profit, but could have easily made more than double had I kept them a bit longer.... I just got tired of waiting at $153, thats when I bough some weeklies... As long as Tesla ends the week above $165 I'll be happy. Although I really really hope we break $200, I think thats just being hopeful, not smart. I doubt we break $185 after earnings. We know deliveries were around 5800-6000. They will probably guide for 22K for the year and not sure if they will give next year guidance or not but if they do, its going to be 35K.. I'm looking for a non-GAAP EPS of about $0.15 on 20% gross margins which is better than the street, but I think not blowout.
What a wild day.... From $165 at open to $153 now back to $162.... My porfolio is up 5K for the day (although still down 10K from the high at $194, and 15K from the rebound after the first fire)... Le sigh.. I want to see more of those +$15-20 gap ups
I was about to say we need to burn you at the stake. But we need to keep you around....
