Social Chat - Short Term TSLA Movements

[austinEV]

Breaking news: DaveT to cause short squeeze while unwinding his short positions at market open; after his iron condors grew wings overnight and flew away with his money.

Seriously you guys and your crazy constructs. The stock was breaking out last week too. I just find the calls that are ITM enough to have cheap IV and buy for next month, until I think this breakout is over.

In other news, holy crap is the breakout over yet? At what point do we start the thread with the title "I am a huge TSLA bull, but at this valuation...."

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Think it will sag on the open again? The "obvious" play here might be to sell common right now and pick it up again in an hour for $220.... I will not follow this advice and wonder why not...

 

[Johan]

Think it will sag on the open again? The "obvious" play here might be to sell common right now and pick it up again in an hour for $220.... I will not follow this advice and wonder why not...

I believe this will happen with a very high % of probability. However, mye stock remains in the safe and options can't be traded outside of trading hours...

 

[austinEV]

I believe this will happen with a very high % of probability. However, mye stock remains in the safe and options can't be traded outside of trading hours...

I am going to sell about half. Take that as a good omen for an open at $240!

 

[marvinat0rz]

I am going to sell about half. Take that as a good omen for an open at $240!

I swear, before this year is done I will sell my entire position to a weeping hedge fund manager in an open 60th story window somewhere. Just haven't decided on the price yet. Now that MS has upgraded their price target, how does $400 sound? $500?

Agree with your sentiment about "I'm a huge Tesla bull, but...". At some point things will surely be in the realm of ridiculousness.

 

[austinEV]

I have an open market limit order to rebuy them at $225 Peanuts compared to what my 3/22 calls are going to do, but I thought I would try to be clever for once, sniping $5k if it works.

 

[bhuwan]

Anyone unloading weeklies today? I bought options a few months ago that are expiring this week - trying to figure out if I should hold on or sell them at open

 

[marvinat0rz]

It's a full-on short squeeze. No question about it.

 

[sleepyhead]

I am going to sell about half. Take that as a good omen for an open at $240!

Thanks. I hope that you are able to see the irony of what you posted and how you traded.

 

[772]

Aw. Well, I still think $250 is on the table for today...

 

[InTheShadows]

Well now I don't know what to do with my weeklies. I bought them for the gifafactory announcement.

 

[marvinat0rz]

Next up prediction time: New offering oversubscribed at $240/share, yielding the world's cheapest battery factory at the expense of short selling hedge funds.

 

[eepic]

Thanks. I hope that you are able to see the irony of what you posted and how you traded.

he nailed it! haha

 

[Citizen-T]

I had $230 weeklies up 1200%. Had to sell them. Still holding weekly $220s, but they are ONLY up 250% from where I bought them.

That was fun.

 

[austinEV]

Thanks. I hope that you are able to see the irony of what you posted and how you traded.

Yes! I also washed my car so you can thank me for the Texas rain

 

[mitch672]

Aw. Well, I still think $250 is on the table for today...

I have a sell order in for $250, well see.

 

[eepic]

Next up prediction time: New offering oversubscribed at $240/share, yielding the world's cheapest battery factory at the expense of short selling hedge funds.

Most recently Doug Kass upping his contribution. Claims he shorted more at $232 in pre-market this morning (again he magically is able to get just about the highs in his hindsight tweets).

 

[Matthias Buhl]

So what's a smart move to do now. Cash in some profits or just wait for 320$ and then see what Morgen Stanley comes up with next?

 

[mitch672]

Most recently Doug Kass upping his contribution. Claims he shorted more at $232 in pre-market this morning (again he magically is able to get just about the highs in his hindsight tweets).

What a financial genius, it's now around. $242-$243, good call Doug

 

[sleepyhead]

Yes! I also washed my car so you can thank me for the Texas rain

First time driving the car in rain? After all you only had it for 4 months or so.

 

[Citizen-T]

Looks like the shorts are buying us a factory. Just like they paid off our DOE loan. Very kind of them.