-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Social Chat - Short Term TSLA Movements
- Thread starter Jonathan Hewitt
- Start date
-
- Tags
- TSLA
Yep, that happened...
- - - Updated - - -
I've got MAR 14 240 CALLs ... like you, I'm sitting here wondering, do I take this profit now, or wait for (a) the next round of the short squeeze, as margin calls go out tonight and/or (b) the actual gigafactory announcement?
Aaarghh..
I decided to cash out my 220's and 240's at around $248 and hang on to the $260's. In my brain I feel 80% sure I'll miss significant upside on those calls over the coming week, but in my gut I feel like taking some profits off the table on a day like today is the right thing to do.
Either way this is an incredible day, congrats everyone.
Clprenz
Member
Just a Thought, Andrea James, Doughtery and Company, has always been ahead of the stock. Predicting prices now 3-5 months out, May said $90, July said $200, January said $320. based on that, Now it's a matter of when to buy Tesla, Will it drop below $200 soon? $225? Where is the next stop. I want back aboard, but I don't want to join if something like november happens.
Citizen-T
Active Member
Wow, just pushed through $250. Where is the next batch of profit takers? There don't seem to be enough of them to supply the short sellers.
Also, interesting to note that the April options just came out yesterday. This means that those that bought April 1-18 that have been waiting for long-term holding can hedge their downside risk for without paying for extra time premium on put options.
I know because I am in this camp, can't be alone. Looking at picking up 225 - 250 puts to sleep easier next 6 weeks.
I know because I am in this camp, can't be alone. Looking at picking up 225 - 250 puts to sleep easier next 6 weeks.
Norse
Active Member
Raffy.Roma
Rome (Italy)
InTheShadows
Active Member
mitch672
Active Member
Cancelled the sell @ $250, sold 5 $260 Feb 28th covered calls instead. Little bit of income, and not the worst thing in the world to lock in the profits, if the call is executed. looking like $260 is possible as well for Friday, but there will likely be a pullback, there often is with TSLA.
Today = Wow...
here is some perspective as well - about 1 year ago, Tesla was trading right around $34 a share. Today, the price increase as of 8:40am Pacific time is some $36. If you held on to your shares from 1 year ago, today alone would be over a 100% gain from the stock price a year ago. Wow...
here is some perspective as well - about 1 year ago, Tesla was trading right around $34 a share. Today, the price increase as of 8:40am Pacific time is some $36. If you held on to your shares from 1 year ago, today alone would be over a 100% gain from the stock price a year ago. Wow...
Of course I sold my March 7th 190s at $249 right before it went over $250. I'm happy though. I'm up 6 months salary "just today" as of now and this is my best day in the stock market ever, even with my solar stocks being kind of "eh" today.
I still have June $220, my core stock, and a couple LEAPS.
I still have June $220, my core stock, and a couple LEAPS.
Norse
Active Member
bonnie
I play a nice person on twitter.
Sell orders at $250, $260? Bah! I put one in for $750.
(But only to make sure they couldn't lend my shares out to any desperate short. I'm long. Unless it executes at $750. I could live with that.)
(But only to make sure they couldn't lend my shares out to any desperate short. I'm long. Unless it executes at $750. I could live with that.)
mitch672
Active Member
Little stock market expression: bulls make money, bears make money, pigs get slaughtered.
nothing's goes up forever, there are usually pullbacks along the way, we've seen it with TSLA many times.
Similar threads
