Todd Burch
14-Year Member
That may have been insider knowledge?
That would imply that Elon was mulling his thoughts over with market makers. Since Elon hates virtually all of them, I doubt it .
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That may have been insider knowledge?
I don't think this is out of the blue. The SP was artificially suppressed for two months, and we are 6 trading days away from Q2 numbers. My brother wanted to sell covered calls a few days ago, and I told him to wait. I have been expecting this jump.Except the stock lifted off yesterday before that Tweet, so I don't think it's that obvious.
This is why options are pure gambling and so risky. Out of the blue, TSLA just starts taking off.
I wish I also had a smart brother to tell me such things.My brother wanted to sell covered calls a few days ago, and I told him to wait. I have been expecting this jump.
I'll just re-post this from yesterday. Saves me the faff.+5% in a day. It's like the old days
I can't predict where it'll be by then, but the current trendline points to the low of the range being 812 at mid October.OK fellow advisors. 840 and 850 calls, Exp Oct '21.
Would you roll these into the future a bit more, or wait more?
Is that where everybody is right now?
Please forgive my off topic post…
I’ve just added driving a Cybertruck across the Silk Road to my bucket list.
Sorry for OT this old tired joke at the expense of our beloved neightboring countrymen, and also apologies to all flyers here:Dream bigger Jack - the Silk Road is only about 15 feet across.
My Bitcoin Banking neighbor warned me about TSLA because of his short position right after he jumped in.Maybe a lot of people hate Michael Burry.
You can lead a horse to water but you can't make him listen to financial advise.My Bitcoin Banking neighbor warned me about TSLA because of his short position right after he jumped in.
The movie started playing in my head, then I asked:
"How has he done since The Big Short?"
Crickets...
"Well, not that great..." he said.
This is my investor neighbor who hears my Tesla stories everyday, and still doubted them and trying to warn me. (But his wife works for Ford so I understand the dissonance.)
That's an odd distinction to make from someone in California. Dearborn is 3-4 miles from downtown Detroit and GM has facilities scattered for miles all around the greater Detroit area.BTW Ford is headquarted in Dearborn. GM is headquartered in Detroit.
This is making it a great deal easier for me to convince the boss that we should indeed take delivery of a new S this fall.Must wait for 1000 to order Roadster! Must wait for 1000 to order Roadster! Must wait......
The poor schmo shorts TSLA to the tune of a half billion one month before a breakout. I think we found the new king of contraindicators.My Bitcoin Banking neighbor warned me about TSLA because of his short position right after he jumped in.
The movie started playing in my head, then I asked:
"How has he done since The Big Short?"
Crickets...
"Well, not that great..." he said.
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