Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[elasalle]

OT.
Tesla ... We are the Champions
VW, GM ... I want to break Free
Rest of ICE ... Under Pressure

Beer time. Cheers!!

 

[ReddyLeaf]

I gave it a very little push. Bought 10 shares at $491. My bid on 600c Jan 23 didn’t hit. I just missed the bottom of the MMD. That’s the problem with using non-real-time quotes and a basic trading platform. Edit: Note to self, trade the damn options first on that dip, then follow up trading shares.

Edit: This just executed. Bought 5 contracts 12/24/2020 $545.00 at $26.00. So, now I’m really hoping for a decent price pop on Monday.

Crazy day. That late afternoon drop also allowed me to purchase a Jan23 550c at $175. So, I’m all in now with shares plus short and long-term options. Ouch, this will hurt a bit if there’s another pullback next week. Fortunately, no margin and this is all in IRA’s so I could suffer total loss and still be just fine. However, it’s the difference between a luxury vacation and living off my garden vegetables.

 

[ReddyLeaf]

Sounds about right. I'm gonna go with $504.20

Well, we both missed it by a large margin.

 

[Green Pete]

Sorry for the noob question. I am trying to understand options. This trade means the buyer expects the SP to be minimum $740 on Jul 16 AH and needs SP to be $790.05 to break even? (ignore fees)

Yes

Not suggesting you do trade options because it's easy to lose a bunch. But robinhoods UI is not so bad got options trading. They even have push button iron condor setups and such.

Again not advising you to trade them, but after using E-Trade for years and then seeing robinhoods UI I kinda want to switch. They list out break even, strike, etc all very clearly

 

[lafrisbee]

What does /n stand for?

same thing but nicer, not with a sledgehammer
n/ nuance

 

[Paul_SF]

Now he really tries to tell us something!!!

https://twitter.com/elonmusk/status/1329930453575458819?s=21

 

[Knightshade]

Sorry for the noob question. I am trying to understand options. This trade means the buyer expects the SP to be minimum $740 on Jul 16 AH and needs SP to be $790.05 to break even? (ignore fees)

On the top level, yes...ie where the buyer plans to hold till expiration... but in a lot of cases they're not planning to keep it nearly that long- instead if they buy it when the SP is say 500ish they hope it soon spikes up a fair bit (even if far short of 740 or 790) and they resell the option for a profit long before the time value drops off

 

[gabeincal]

Sorry for the noob question. I am trying to understand options. This trade means the buyer expects the SP to be minimum $740 on Jul 16 AH and needs SP to be $790.05 to break even? (ignore fees)

Buyer expects this to appreciate by 300-400% at which point buyer sells to secure profits. But your method works too.

 

[setipoo]

Yes

Not suggesting you do trade options because it's easy to lose a bunch. But robinhoods UI is not so bad got options trading. They even have push button iron condor setups and such.

Again not advising you to trade them, but after using E-Trade for years and then seeing robinhoods UI I kinda want to switch. They list out break even, strike, etc all very clearly

Thanks!

 

[tinyrodent]

Today at the Texas factory site:

The steel structure has gained a second level with corrugated flooring and what looks like roof trusses on top. There are hundreds of footings already completed, so I hope to see the assembly accelerate rapidly.

The big foundations at the south end are really starting to take shape, with several concrete columns raised adjacent. Six weeks ago there was just a pit here with no concrete yet.

These columns are a slightly different style than the ones in Berlin, not self-supporting. Looks like a number of attachment plates, maybe for interfacing with steel members.

 

[Artful Dodger]

Now he really tries to tell us something!!!

https://twitter.com/elonmusk/status/1329930453575458819?s=21

Twitter now says "This tweet is unavailable". What did it say?

In the future, if you could kindlly simply include the text of the tweet instead of linking us to twitter, that'd be great.

 

[Tes La Ferrari]

Bought some more shares today @490 and change.

Was hoping for the money I had transferred to come in last week, & had planned to execute a buy in the low $400's, but banks being what they are, better late than never.

Had to swallow hard and hit the buy button when I thought about this buy at $2450 in old money. I achieved my core HODL share target before, but the addiction continues. I thought perhaps I can trade a few of the non-cores, but I don't think it's likely that I will want to part with them.

Anyone else here buy shares today ?

 

[Green Pete]

Twitter now says "This tweet is unavailable". What did it say?

In the future, if you could kindlly simply include the text of the tweet instead of linking us to twitter, that'd be great.

I fail to see the significance of this tweet. But maybe I missed something. It's just a mandalorian reference from latest episode i think? - not being more specific to avoid spoilers

 

[Paul_SF]

Twitter now says "This tweet is unavailable". What did it say?

In the future, if you could kindlly simply include the text of the tweet instead of linking us to twitter, that'd be great.

my bad, will do next time.

I should take screenshots

it said “Great Jedi uses the Force to get snacks” or something like that

edit: what he said ^

 

[Artful Dodger]

After-action Report: Fri, Nov 20, 2020: (Full-Day's Trading)

Headline: "SS SM SF PR"

Traded: $16,388,573,478.56 ($16.39B)
Volume: 33,158,964
VWAP: $494.24

Close: $489.61 / VWAP: 99.04%
TSLA closed BELOW today's Avg SP
TSLA MaxPain: $440 (haha)

Mkt Cap: TSLA / TM $464.102B / $198.149B = 234.22%
Note: Yahoo Finance updated TSLA Mkt Cap for shares issued Sep 9th (per 10-Q)
​

CEO Comp. Status:

TSLA 30-day Moving Avg Market Cap: $402.30
TSLA 6-mth Moving Avg Market Cap: $316.63
Nota Bene: Mkt Cap for 5th tranche ($300B) likely achieved Nov 09, 2020​

'Short' Report:

FINRA Volume / Total NASDAQ Vol = 51.8% (51st Percentile rank FINRA Reporting)
FINRA Short / Total Volume = 56.7% (54th Percentile rank Shorting)
FINRA Short Exempt Volume ratio was 0.92% of Short Volume (49th Percentile Rank)​

Comment: "MMs exist to provide liquidity..."

BOTD: @joh01652 "...entire community of short-sighted, small-minded, STEM-flunking profiteers"

View all Lodger's After-Action Reports

Cheers!

 

[adiggs]

Sorry for the noob question. I am trying to understand options. This trade means the buyer expects the SP to be minimum $740 on Jul 16 AH and needs SP to be $790.05 to break even? (ignore fees)

At the extreme end of the option. In practice very few options make it to expiration.

A more likely outcome is that the share price moves enough between now and then that the option premium moves up from say $50 (to start) to say $110 somewhere along the line, at which point the option that was purchased will be sold for a $60 profit. The shares might never reach $740 for the premium to reach $110.

There are numerous factors that influence option premium. If you're really interested in learning about options in a systematic way, there are about 30h worth of basic options education (free!) here:
Free Beginner Options Trading Course from Option Alpha

For anybody trading options (and I'm far from expert myself), I consider the stuff in these videos to be minimum entry knowledge.

 

[MC3OZ]

View attachment 610405

I fail to see the significance of this tweet. But maybe I missed something. It's just a mandalorian reference from latest episode i think? - not being more specific to avoid spoilers

There are probably some games coming in the holiday software update.

Sounds like it is V11 and the closest analogy is the V10 update.

 

[Criscmt]

I think today is the last day for the consultation survey on S&P website.
S&P Dow Jones Indices Consultation on the Implementation of Tesla’s Addition to the S&P 500 - S&P Dow Jones Indices

I voted for 1 day on the rebalancing date. I want them to fight not like bears or bulls, but like the DOGS they are.

Done.

 

[Green Pete]

There are probably some games coming in the holiday software update.

Sounds like it is V11 and the closest analogy is the V10 update.

Mando spoiler

Spoiler

Or its a reference to baby yoda eating another kids snacks that he stole using the force from the latest mandalorian.

I think trying to read elons tea leaves is a waste of time. Snake jazz was a rick and morty reference. buff mage was a witcher reference. I'm sure v11 will be a big upgrade. But he said as much in the tweet where is specifically said holiday update is fire. This new tweet is just elon enjoying pop culture.

 

[StealthP3D]

Even though Tesla may miss out on potential sales and some potential customers may not consider Tesla because of negative press and FUD, that has not detoured Elon and the mission is moving forward quite well. I applaud the disruption and appreciate not having those sales and advertising expenses. Tesla, TSLA, consumers, and the world are better for it.

Exactly. The car buying public doesn't want their hard-earned car-buying dollars being siphoned off to whatever affiliate of the manufacturer "hooked" them like a dumb fish going after the bait. That's a technique used by a manufacturer as last ditch effort to increase (or even just maintain) their customer base. You don't pay someone else to increase your customer base unless you have no other options.

Tesla increases their customer base simply by making more cars. And the more cars they make, the cheaper they can make and sell them. It's a virtuous cycle - wash, rinse, repeat.