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

[Bet TSLA]

Just in case people are thinking there's some special TSLA sauce today, here's what I'm seeing in the stocks I own (mostly TSLA, but a little playing around on the side):
TSLA: +6.4
ZM: +6.0
FSLY: +12.1
DDOG: +4.6

There's no special news for any of them. The NASDAQ is up .6%. Nice day in my portfolio.

 

[adiggs]

Holy Moley - over 60k instances of the Aug 21 2000 calls were transacted yesterday, along with 14k open contracts today. I can't tell if those 60k contracts were mostly an increase in open interest, a decrease, or roughly neutral.

My first thought, and I'm particularly bad at identifying direction, magnitude, and timing of movements - but this setup reminds me of the multi hundred dollar move several weeks back. Some very large call positions were established just in front of that big move.

 

[Artful Dodger]

Name this Chart:

Some alternatives:

• The New 'S curve'
  
• Look at that Escargot
• This is not your father's Oldsmobile
  
• Imma tell ur daddy

Cheers!

 

[Zhelko Dimic]

Careful, there's a few here where they passed their birth year earlier this week, won't name names...

And seriously, WTF. Previous close bear-raid (check), gloom and doom - stating the obvious from the Fed (check), pre-market manipulation pushing the stock down (check). OK, a good day to set a sell order for the "weird strike" call I need to roll and hey, look at the open, promising, wooo $1896, it triggered, OK, it goes down, now to rebuy a normalised post-splitterino strike.

And vacation strikes - wifi not working, 4G signal dropping out, can't login to broker. No stress, it's pretty static, capped at $1890. Until...

OK, got back in, 16/10 c1380 rolled to 20/11 c1500 - might even work out better as it takes in earnings, which are going to stupefy the stupid this time!! $57k premium for both, in case you're wondering... Already had >2x on the call I rolled.

ok, now that you rolled to 1500, I'm sure we'll be over $2000.
How do I know?
Got caught and kicked out of FB, NFLX and AMZN early in my investing career '13-'15. That's how I ended up in TSLA

 

[mrmage]

For the first time I've made money from Tesla stock. I'll buy a coke tonight with my $1.27 in earnings and offer a toast to all the longs on reaching $2000.

 

[dgodfrey]

TSLA: +6.22
NKLA: -2.81
GM: -1.0
F: -0.66
WKHS: -1.16
NIO: -2.06

Balance is restored.

 

[M|S|M MYP]

Name this Chart:

View attachment 578667
Some alternatives:

• The New 'S curve'
  
• Look at that Escargot
• This is not your father's Oldsmobile
  
• Imma tell ur daddy

Cheers!

"HO LEE FOOK"

 

[Prunesquallor]

TSLA: +6.22
NKLA: -2.81
GM: -1.0
F: -0.66
WKHS: -1.16
NIO: -2.06

Balance is restored.

Let's not dis Workhorse yet. I like their target customers and they aren't making bonehead projections.

 

[Compton]

All FANG stocks except Netflix are up about 100% in a year. Apple is worth 2 trillions. What has changed so much for the better? Not selling my TSLA shares but the technology market seems to be in a worrying frenzy.

 

[StealthP3D]

Buy a shirt company?

That sounds too risky.

It's better to buy 5 or 6 shirt companies so you can properly strengthen your supply chain and cover a broader demographic.

 

[lafrisbee]

I think we might have to hold a moment of silence for the TMC poster who opened 9x $1,830 - $1,930 straddle yesterday. That trade must be starting to get quite painful at this point.

and the one doing the Iron Condor?
EDIT: Same guy..sorry.

 

[elasalle]

All FANG stocks except Netflix are up about 100% in a year. Apple is worth 2 trillions. What has changed so much for the better? Not selling my TSLA shares but the technology market seems to be in a worrying frenzy.

FED

 

[Knightshade]

For the first time I've made money from Tesla stock. I'll buy a coke tonight with my $1.27 in earnings and offer a toast to all the longs on reaching $2000.

View attachment 578668

Careful you don't forget to set some aside for the tax bill on those short term cap gains!

 

[mikevbf]

Jumps like this seem more sustainable than a full out short squeeze

 

[ZeApelido]

From my ticker’s news feed. Is this the sign that Tesla has jumped the shark?


Tesla Owners Can Find Their Electric Flame -- Overheard
8/20/20, 11:57 AM
If someone purchasing a top-of-the-line Tesla Model X a year ago had instead bought the company's shares, he or she would be sitting on a paper profit of three-quarters of a million dollars by now. But then, while money can't buy you love, that Tesla might.

Owners of a car that regularly needs to be hooked up to an outlet have just as much trouble hooking up as the rest of us. Now a new dating service, the Tesla Dating Co., seeks to make it easier.

"It became a big part of their identity," says Ajitpal Grewal, the Canadian e-commerce entrepreneur who is developing the app. "Suddenly it hit me: These people would be perfect for each other."

The site requires applicants to prove Tesla ownership before joining. Yet Chief Executive Officer Elon Musk, the man who named his four vehicle models so that they would spell "S-3-X-Y," has no affiliation with Mr. Grewal's venture.

It is hard to imagine a similar app for, say, Fords or Toyotas, but then how many owners of those cars can name the chief executive of the manufacturer, much less worship him? This one describes itself as being for an "exclusive community of like-minded Elon stans...the kind of people that really understand you."

There are no face shots, you only swipe left or right on a picture of a Tesla.

(Russian) roulette when you meet in person.

 

[heltok]

Sold 5% of my shares at 1999, decided to celebrate when we broke 2k!

Cheers longs! =)

 

[mejojo]

How are those odds looking today? Still favorable?

More generally, do some of you market timers want to weigh-in with how your recent trades are looking?

Mine are doing AWESOME!!!!!

 

[Tslynk67]

ok, now that you rolled to 1500, I'm sure we'll be over $2000.
How do I know?
Got caught and kicked out of FB, NFLX and AMZN early in my investing career '13-'15. That's how I ended up in TSLA

Eh? You'll need to elaborate a bit, don't understand...

Was a nice swim, thanks, but a bit naughty to sneak up to $2003 when I wasn't looking.

 

[Prunesquallor]

Yep but that was a violent rejection at 2003. Somebody dropped a bunch of shares or sold a bunch of calls to trigger that 15$ drop. I honestly cannot fathom what happens when the S&P announcement comes out. Just WOW.

That's what Infinity-Squeeze sell limits are for...

 

[M|S|M MYP]

TSLA: +6.22
NKLA: -2.81
GM: -1.0
F: -0.66
WKHS: -1.16
NIO: -2.06

Balance is restored.

Love how you don't even bother to list SPAQ in there