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

[amolina]

That has a much better ring to it than "I just bought three fifths of 1 share"

Me too, just before I read your post. I like it so much better that one can everyday play on side fractional shares. Entertainment day trading just got much cheaper. Obviously less riskier as well, considering the options market. I wonder if todays movement is the collective force of retail options traders.

 

[Knightshade]

Any Recommendations on IRAs?

Not a fan of fee's.....

Mine's in Merrill specifically to gain BoA Platinum Honors status (which can be leveraged for a few other benefits including higher cash back rewards on their credit cards).

No fees for normal trading- and they usually have some kind of signup bonus based on how much $ you bring.

 

[SOULPEDL]

One good trend pays for them all.

Ha, I imagined Steve Martin with an arrow through his head singing this.

 

[uujjj2]

So now I have way more TSLA in my portfolio than I like holding of one company (six figures). Any suggestions on what investments to buy if I sell a big chunk of my TSLA shares?

 

[MABMAB]

Those that sell surely can't be faulted.
I bought more this am.

 

[juanmedina]

some OT

 

[Joe F]

I'm showing 59,806,000 shares traded today on the Fidelity Active Trader Pro Experience.

No, it's *5. Take a look at the 10 and 90 day vol; They're 89 Mil and 72 Mil.

 

[StealthP3D]

OMG just realized my Roth IRA account now has exactly

420 shares

Well, you know what you have to do now!

Failing this would be like making a toast and putting your drink down without putting it to your lips!

 

[engle]

"--Analyst Actions: Argus Research Lifts Tesla PT to $566 From $378, Maintains Buy Rating
MT NEWSWIRES 10:09 AM ET 8/31/2020
01:09 PM EDT, 08/31/2020 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: Contact Us - MT Newswires)

Price: 481.30, Change: +38.62, Percent Change: +8.72"

Onward and upward!

 

[Rb48888]

E*Trade seems to have things pretty much sorted out. I have a few tax lots that haven't completely updated, but it's not affecting the portfolio balance, just the computed gains. God knows what would happen if I tried to sell them now.

I was able to sell back a few calls and buy the equivalent shares earlier today with E*trade. All looks good with exception of the computed gains.

 

[Cal1]

Does anyone’s broker act like mine where they are still waiting for the extra 4shares/share delivered to them to post in the account?

I logged it today and my portfolio dropped to 1/4 of what it was Friday given how heavy my tsla position is.

The good news... even slashing my tsla value to 1/5... I’m still in the green.

Yea same here. My Fidelity accounts are to date but LPL Financial is way behind. Stock price for both Tesla and Apple are accurate but no additional shares added. And show a loss in the account value based on Friday's close.

MSN.com is showing a -$1,735 drop and Apple is down $369 so they are still comparing the pre split price to current price. Wonder how long it will take for everyone to get things straight.

Seems real hit or miss on how soon everyone is accurately updating. Surly this can't be that big a deal. Never noticed this in the past.

 

[Ameliorate]

Goals for the day. If you know - you know.

 

[Nocturnal]

Where / how do you traders track call options IV? I can’t find it anywhere in my account. Is there a website that does this for specific calls? Or am I just confused, as usual (only now it’s 5x the confusion)?

I'm sure there is an easier place but I just look at my options tables in IBKR or Robinhood. (I don't trade RH anymore except crypto but still like their options info)

↑[/URL]]
So now I have way more TSLA in my portfolio than I like holding of one company (six figures). Any suggestions on what investments to buy if I sell a big chunk of my TSLA shares?

I'm looking at ARKK to find more companies to hold. Many are already on my list and I own some already.

 

[wipster]

WTF are these bizarre candles I'm seeing?

View attachment 582782

My family is standing around the Tesla chart now instead of the campfire like in the "old" days.

I expect instead of popcorn, you all are making 'smores eh?

 

[JustMe]

So now I have way more TSLA in my portfolio than I like holding of one company (six figures). Any suggestions on what investments to buy if I sell a big chunk of my TSLA shares?

Well, according to Elon Musk, a Tesla with FSD is an appreciating asset because it could be used as a robotaxi. He said FSD alone could be worth over $100k.

I understand the temptation to sell to “lock in gains” but I try to look forward and forget about the fact that I’m up 600% in $TSLA. I look at the incredible series of strong positive catalysts Tesla will bring forth over the next one to two years and consider whether there is a better investment opportunity right now. I haven’t found one yet.

 

[Prunesquallor]

MarketWatch

Robinhood, TD Ameritrade and more face outages after Tesla, Apple split stocks

'Saluzzi said that the problems appeared to be relegated to the retail platforms, as he didn’t see any hitches in professional trading systems. But when asked if there might be a connection between Monday’s trading snafu and changes occurring in the Dow and with shares of Tesla and Apple, the trading pro said: “Nothing is coincidental.“'

 

[henchman24]

I'm also in a position where the gains have caused me to be completely overweight in TSLA... but I'm not selling shares directly. Selling weeklies that are way OTM to slowly try to use my shares to diversify. Any large run could cause those calls to be exercised, but at the prices I'm selling, I'd be near retirement goal anyway... and the market tends to have pullbacks after large gains.

 

[Bet TSLA]

I deleveraged a bit this morning. Couldn't stand the idea of getting out of my call positions, so I turned two of them into spreads. Not anywhere near the (so far this morning 497) top though. For one of them, I wrote October 16 470s for $60, so if TSLA is still below 530 by then I'll make money on that end of the spread too if I hold that position to expiry.

 

[BlackS]

A big Tesla stock bull says this is one of the most common misperceptions on Tesla

 

[Zythryn]

So now I have way more TSLA in my portfolio than I like holding of one company (six figures). Any suggestions on what investments to buy if I sell a big chunk of my TSLA shares?

Kleenex?