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

[Kenypowa]

Ok so seems like its all Elon's tweets that are causing the rise...

You mean this tweet?
https://twitter.com/elonmusk/status/1281520142485123072?s=21

 

[dc_h]

Approximately 30,000 shares on the order book at $1,500 as of now. I wouldn't be surprised if we close there.

I have covered calls at 1500. I do not want to sell today. Ugh, this is above my normal stress budget. I know I could sell puts on Monday, but I think next week could rise all week as we get closer to earnings. I don't want anyone telling my wife she needs a smarter husband! (again)

There could also be a Texas GF announcement even before earnings. They are knocking out the approval steps, past the school district and now waiting for the county, but that seems like a lower bar, since they know how big a win it will be for the region.

 

[UnknownSoldier]

You mean this tweet?
https://twitter.com/elonmusk/status/1281520142485123072?s=21

The correct answer is obviously PornHub and I'll be very disappointed if the Twitterverse fails Elon here.

 

[Singuy]

Elon basically saying Berlin Model Y will get rid of battery modules

And this is worth 10 billion in market cap because? This was already disclosed in third row .

 

[Todd Burch]

This price movement makes me sad, because the next milestone will be $4200. It will probably take us WEEKS until we can celebrate that milestone .

 

[BlackS]

Don’t generalize. Some just less poor.

Everyone's created equal....some are just more equal than others

 

[Artful Dodger]

squeeze?

No, there's still lot's of shares available to borrow. They'd dry up in a squeeze. This is more likley the runup to weekly options expiry Friday. Likely someone has a big position around $1,500 that they want to make finish in the money.

Cheers!

 

[WarpedOne]

Why it doesn't cross 1500?
Me disappoint !

 

[TheTalkingMule]

Tweets have nothing to do with this pop. It's desperate covering, perhaps on nothing new or perhaps someone let an S&P inclusion update slip. I could see this being on nothing, but worry over all the $3k SP chatter.

 

[Mo City]

I have covered calls at 1500. I do not want to sell today. Ugh, this is above my normal stress budget. I know I could sell puts on Monday, but I think next week could rise all week as we get closer to earnings. I don't want anyone telling my wife she needs a smarter husband! (again)

There could also be a Texas GF announcement even before earnings. They are knocking out the approval steps, past the school district and now waiting for the county, but that seems like a lower bar, since they know how big a win it will be for the region.

Both the school district and county are very low bars. Some have allowed the expected negative public comments to shake their confidence. But this is the process.

 

[ZeApelido]

This price movement makes me sad, because the next milestone will be $4200. It will probably take us WEEKS until we can celebrate that milestone .

Pessimist

 

[Christine600]

Ok so seems like its all Elon's tweets that are causing the rise...

Stealth tweets? Twitter can't be bothered to notify me about these. What a tool.

 

[kanweg]

The answer is a 42 for 1 stock split

If Elon keeps dragging his feet about the stock split it will have to be 69 (checks his watch).

 

[Artful Dodger]

Wow this is crazy. Yesterday, on twitter, I saw that someone bought 200 $1500 7/10 calls at $2.75. They spent $550k on a bet that the stock today would end over $1502.75. When I saw that, I thought that guy is insane.. now I'm wondering if he actually knew something!

I think that's only $55K for those contracts (plus brokerage fees of course)

 

[printf42]

I have lost faith in those MMs, they have been working so hard for the past week to keep it under 1400, only to give up in the last few hours.

/s
(Fake bears short common then go on CNBS, real bears sell calls then got caught naked over and over again.)

 

[Cherry Wine]

I have covered calls at 1500. I do not want to sell today. Ugh, this is above my normal stress budget. I know I could sell puts on Monday, but I think next week could rise all week as we get closer to earnings. I don't want anyone telling my wife she needs a smarter husband! (again)

There could also be a Texas GF announcement even before earnings. They are knocking out the approval steps, past the school district and now waiting for the county, but that seems like a lower bar, since they know how big a win it will be for the region.

60,000 sell orders at $1,500 now and the order book is a lot less buy-heavy at the moment.

 

[HG Wells]

SO, maxpain is at 1408 think we'll make it ?

 

[ZeApelido]

Stealth tweets? Twitter can't be bothered to notify me about these. What a tool.

Don't call me that

 

[elasalle]

Went Vertical on a Friday - with like 1320 Max Pain.
What gives?

 

[Curt Renz]

Approximately 30,000 shares on the order book at $1,500 as of now. I wouldn't be surprised if we close there.

This is a weekly options expiration day. Call volume and open interest is heavily focused on the $1500 strike expiring today. Big option writers (mainly hedge funds and market makers) would likely want to see the share price capped at $1500 today. However, trading volume is rather heavy this afternoon, and that could make manipulation difficult, especially in the face of short sellers covering to avoid forced margin calls at perhaps even higher share prices on Monday morning.