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

[StealthP3D]

I'm not going to complain about getting half a house, or "losing" this bet and getting 2-3x that amount. Though I might be a little miffed about a VW-style short squeeze

Psychological studies have shown that humans tend to minimize negative events that have a low likelihood of happening while over-emphasizing positive events with a similar low chance of occurring. No wonder the market makers do such brisk business with these types of options and are the prime beneficiaries in the end. Because the odds are stacked against both sides.

 

[Singuy]

The Fast Lane Car - today:

WHAT? Almost spit out my coffee! They have been Tesla bashing since the beginning of time!

 

[Gordon_M]

I've just noticed that on the Tesla website, there is zero inventory for any Tesla model in the US or Europe

I have been watching the UK inventory levels over the end of the quarter and noticed similar numbers, but it does vary.

There were 'New" S & X in inventory towards the end of the quarter, but just a handful, and they vanished after the end of June.
No new Model 3 listed. ( New seems to mean "around fifty miles or less" - basically delivery mileage )

Average of about fifteen used Model S in inventory throughout, for example eighteen today.
One or two used Model X appeared and vanished again, totals not significant. No used Model 3.

My feeling is they can shift all the new S & X inventory they can get their hands on, or maybe they aren't bringing that much in?
I expect the new Model 3 coming in are deliveries against existing orders so never appear on inventory.

The used Model S are a mixed bunch, one 2015, thirteen 2016, three 2017 and one 2018, with just one of the 2017 cars and the 2018 being either Long Range or Performance. I would have expected more 2017 high spec S & X after lease deal expiry or trade in.

 

[Tyler34]

(3500-1500)*4000 = 8M
4(premium)* 4000 = 16K

$8.16M profit worst case scenario ... in like < 7 days
if exercised, could still buy back 2200 shares at that price.

(+ I would like to think most of these are bought by MM & Shorts ... as insurance .... so more reason to fleece them in their own game)

Its 8.016M, the .016 being from the option selling. But thats also assuming whatever takes it to to $3500/share wouldn't take it higher, for instance to $4000/share. I can do that math. $496*4000 = 2M profit left on the table. Is reducing your risk on a portfolio that is worth (1500*4000) 6M by 16k really worth it. Thats why its silly to sell options for a measly .2% of the share price, doesn't matter how many shares you multiply it by. This is coming from someone who has been burned by selling "there is no way it can reach this price super low premium options" enough times to learn the lesson.

 

[Cherry Wine]

Or today

Indeed. Opened up my position just in time to catch some of this afternoon's rise, but not all.

 

[dww12]

WHAT? Almost spit out my coffee! They have been Tesla bashing since the beginning of time!

Well, they finally got the car they should have in the first place. The Performance one! Nobody and I mean nobody can’t be 8yr old giddy driving a Performance 3/Y.

 

[Cherry Wine]

Was trying to, but not for the crap premium today, was looking for $20 per call yesterday, but just missed it. See how it goes...

You'll get a better chance Friday or Monday, I think.

 

[elasalle]

Its 8.016M, the .016 being from the option selling. But thats also assuming whatever takes it to to $3500/share wouldn't take it higher, for instance to $4000/share. I can do that math. $496*4000 = 2M profit left on the table. Is reducing your risk on a portfolio that is worth (1500*4000) 6M by 16k really worth it. Thats why its silly to sell options for a measly .2% of the share price, doesn't matter how many shares you multiply it by. This is coming from someone who has been burned by selling "there is no way it can reach this price super low premium options" enough times to learn the lesson.

SP goin up by 100% b/w now and CC? I would say it would be in super overbought territory.
I have Calls at lower strikes, but that is the risk I am taking.

(+ there is always option to roll too)

I do get your point though. ..

 

[wipster]

I think i can.....stay up until market closes..... I am not referring to the share price either.....hahahaha!!

Whatever you took, it must have worked!

 

[LJS22]

I feel like @Artful Dodger is about to tell us why they blocked us from hitting 1550. Had to be significant to shorts

 

[dww12]

It’s always time to rock and roll when you see the upward sloping Tesla T in the daily or weekly chart. Just wish I had had the nerve to pull the trigger, but but buying 100sh ain’t what it used to be.

 

[M|S|M MYP]

Whatever you took, it must have worked!

I was just about to say the same to you! Now its nap time!

 

[mejojo]

Whatever you took, it must have worked!

Y-agra

 

[kengchang]

I just doubled my BTC!! It's real!! /s

 

[M|S|M MYP]

Tesla Ticker Confusion May Be Aiding Biotech Stock’s Rally

Tesla Ticker Confusion May Be Aiding Biotech Stock’s Rally

Oh...robinhooders....bless their hearts

 

[Harrito]

Elon's Twitter account just got hacked

 

[obie_fl]

So I don't want to steal the thunder from Dodger's or Popa's market summary today but it is obvious to me the MMs went home 15 minutes early and left the intern in charge.

 

[Nocturnal]

Tesla Ticker Confusion May Be Aiding Biotech Stock’s Rally

Tesla Ticker Confusion May Be Aiding Biotech Stock’s Rally

Oh...robinhooders....bless their hearts

Ha. I've had that pop up by accident after a typo myself.

 

[mickificki]

Thought some might find this useful.

https://twitter.com/garyblack00/status/1283417927073570816?s=21

 

[Tyler34]

SP goin up by 100% b/w now and CC? I would say it would be in super overbought territory.
I have Calls at lower strikes, but that is the risk I am taking.

(+ there is always option to roll too)

I do get your point though. ..

I think a better way to think of it is, do I wait for a $4 drop in share price to "buy the dip;" do I wake up every morning hoping the shares go up by $4; would I be willing to miss a part of a short squeeze, s and p 500 inclusion burst, announcing both a texas and tulsa and chonging factory all at the same time, to save $4? The answer to all of those is no. Don't get me wrong, I don't disagree about selling covered calls but if I am going to do it I want to get paid for the risk that I am taking. 99 times out of 100 I can outrun a steam roller, but the time I do trip, I want my family to have more than 30 cents to show for my death. Picking up $10 bills in front a steam roller, we can at least begin to consider it, which is what is sounds like you are doing.