Short-Term TSLA Price Movements - 2013

[fjm9898]

well i am back on this crazy train and bought some Sept 175 options.

 

[Convert2013]

believe it or not, a remarkable number of folks are just now learning about Tesla, even here in the EV belt! I predict the ratio of buy and holds is going up substantially. this could get very interesting...

I agree with Monkey. Masses, smaller funds, and existing TSLA owners must be buying into TSLA as the company becomes more visible. Hoping the same is happening with Model S sales and Model X reservations. Expectations for execution on Gen 3 will be high. Hope Elon is shopping for another car plant for production above 500k/yr. Getting a plant ready for production takes time and Gen 3 demand I think will be twice what people are expecting. Everyone I talk to wants one.

 

[fjm9898]

Ouch, Damn Dow just crashed and took TSLA with it

 

[twinklejet]

I think new retail investors who have just heard of tesla and have never seen the stock below $100 before are probably comfortable with the current price and upside potential...

 

[kevin99]

I'm really surprised with the action today. I can't imagine we are going to keep doing this until earnings, I feel like we are already stretched. Where are these buyers coming from?

Cool, we are cooling down a lit. Down to $135.2. yeah!!

Just don't bound back to above $136!

2 minutes ago I saw it coming down, only to see it bound back to $136.5 in 10 seconds!

Opps dropping fast now, cheering too soon.

 

[Nixx]

Options aren't just about trading in upswing. It's about trading in high volatility, and it goes both ways. At this point $60 would actually net me more than $160, AND it means I get to convert those puts to TSLA shares at $60. Heck, it's the dream scenario, not the doomsday scenario. (And I'm not a bear, that's just my 20% insurance - it's just that's we're much closer to $160 than to $60 at this point, so it's a much more valuable swing).

The real doomsday scenario is Tesla abruptly settling down on a price and entering into a narrow MSFT-like trading range for the next 5 years. That will wipe me out (for a definition of wipeout meaning kicking me back to the ~5000% gains that I already diversified into other things).

This is exactly how I have my account setup right now. @165 I make the same as @75. I am bullish, but I would actually be overjoyed if the stock fell to $60. At that point the decision would be simple... buy more. If the stock moves to 160 or 180 or 200 or whatever, it's going to make the decision of buying more that much more difficult.

If we hit 140 before earnings, I'm adding more puts. And for every $5 more we go up, I'm adding more puts. The worst thing that could happen is the stock sells to $110 and sits there, but even if it does I won't lose my shirt.

 

[johnnydop]

uh oh. Didnt the bulls just get trounced by the hedge algos dropping the hammer on the sell button?

 

[deonb]

Cool, we are cooling down a lit. Down to $135.2. yeah!!

Just don't bound back to above $136!

2 minutes ago I saw it coming down, only to see it bound back to $136.5 in 10 seconds!

Opps dropping fast now, cheering too soon.

Citron Research announcing they are short.

 

[FredTMC]

Citron Research issued a call to short the stock. For me, good buying opportunity on the dip

 

[Johan]

Citron Research announcing they are short.

Life gives me lemons - I make lemonade :biggrin:

(Citron = lemon in many languagues)

 

[fjm9898]

they couldnt of said that 30min ago before i bought my Sept calls Oh well cant win them all.

 

[twinklejet]

Yea super awesome buying opportunity for those that missed the run up to 137 ytd and today! Thanks for the lemonade!

 

[NuclearPowered]

Twitter says they are short based on future competion. Link posted jumps to article about the i3.

The more short positions the better, it should help the pop after Q2.

 

[destroid]

On vacation and watching TSLA like a hawk. Although I feel more like a vulture - snapping up bargains on dips. I swear I get more excited on dips because I feel I have too little invested to take advantage of any pop on earnings.

Regarding risk - the money in Tesla options before earnings does not pay the rent but it could pay for retirement.

 

[twinklejet]

Twitter says they are short based on future competion. Link posted jumps to article about the i3.

The more short positions the better, it should help the pop after Q2.

If I were a short (which I ain't), wouldn't it be more sensible to short it AFTER earnings? I'm sure the shorts are not dumb right, they are people afterall, or are shorts just computer algorithms?

 

[NuclearPowered]

If I were a short (which I ain't), wouldn't it be more sensible to short it AFTER earnings? I'm sure the shorts are not dumb right, they are people afterall, or are shorts just computer algorithms?

Thats what I would think too. Surely a professional research firm would read the community forums most closesly associated with the company they are shorting just prior to an important ER.

 

[kevin99]

Life gives me lemons - I make lemonade :biggrin:

(Citron = lemon in many languagues)

Good one! lol

 

[Norbert]

Twitter says they are short based on future competion. Link posted jumps to article about the i3.

The more short positions the better, it should help the pop after Q2.

According to Citrus: "Valuation has no respect for real competition". Except, i3 isn't real competition, not for Model S and not for Gen 3. More shorts in for the next squeeze.

 

[Johan]

Thats what I would think too. Surely a professional research firm would read the community forums most closesly associated with the company they are shorting just prior to an important ER.

If you want to put yourself in a short's position just reverse your thinking. In that case of course go short BEFORE earnings as your thinking is TSLA is very overpriced now and price will implode after an earnings call that doesn't meet expectations.

 

[ggr]

Citron Research issued a call to short the stock. For me, good buying opportunity on the dip

Agree. I just happened to be watching when it hit, and piled in some more.