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

[MTL_HABS1909]

This is all just part of the roller coaster ride for most old hands here, but just think of the poor children of TSLA, the bright eyed newcomers who got in last week at $500 all excited about shooting to the moon with the S&P... spare a tear for them...

Yeah that’s my wife. I told her to be careful near ATH, but she bought at $479 I told her this morning that it could be a while before we get back there, but not to worry because it definitely will happen.

 

[bubb]

Sold some 9/25 300 puts. If they get assigned I'm content with the net price.

 

[Artful Dodger]

LEAPing into fall!

View attachment 585801

Which Strike and Expiry?

 

[elasalle]

Added 50

 

[elliott82]

Added 24

 

[Tes La Ferrari]

Ever go to Costco, and walk confidently past the shopping carts thinking you’re only going to get 2 things so you’ll just carry them ?

...only to find yourself stumbling to the cash registers with all the great deals you found falling out of your arms.

that’s what I feel like today with TSLA.

 

[ninpb]

Just when I thought I was happy with my position we have another sale.

What an addiction.

This reminds me of the discount cyber truck bulletproof glass fail gave us.

 

[ZsoZso]

So whats the prediction ? Who is betting for a green close today ?

 

[aznt1217]

Enjoy the sale folks. This is a mix of
- S&P Inclusion (lack thereof) - certain retail investors were banking on this
- Macro environment (historically Sept doesn't do great for tech)
- Share dilution (although we were talking about ~1%, it still matters)

People are panicking,but most of the panic is due to the fact they bought without understanding fundamentals. We've been here before at key inflection points (pre-split). I remember $150 being a crazy battleground. In due time, we'll see who prevals.

 

[st_lopes]

326 is the support according to artful dodger.

According to the 50 day moving average. The last time we traded below the 50MA was on announcement of Fremont closing at beginning of market realization of a global pandemic. We traded below that threshold for one month and have just been climbing since. I don't think we have anything close to that level of disruptive news happening right now. So, stay calm, if you have dry powder, you can choose to deploy it.

 

[Nocturnal]

I've been trying, I really have. Bought back a couple puts I sold, and another 100 shares. Perhaps not optimal but I'm more comfortable biting the bullet on the near term ones and just buying at the market. Might get brave and sell more puts at low 300s. TBD.

 

[vikings123]

Option flow this morning. Bullish would be an understatement lol.

 

[farzyness]

Behaving pretty well off of resistance level:

 

[elasalle]

Son/Softbank must be buying to make sure Options hold value

 

[PokerFJÆS]

Here might be part of the explanation for today's -17% move for $TSLA

 

[Artful Dodger]

you might get your 20% lol

Yeah, intraday low was already -24.5% when you posted this.

Now above today's Open as some steady buying interest materializes with the Uptick Rule in force.

I'll be watching for selling pressure if/when we close the gap to Friday's low at 372.02

Cheers!

 

[Singuy]

According to the 50 day moving average. The last time we traded below the 50MA was on announcement of Fremont closing at beginning of market realization of a global pandemic. We traded below that threshold for one month and have just been climbing since. I don't think we have anything close to that level of disruptive news happening right now. So, stay calm, if you have dry powder, you can choose to deploy it.

I am okay with 326 but since that person wanted to know what the floor is and according to computer algro 326 is a pretty hard floor.

Glad macro is reversing.

 

[StarFoxisDown!]

Yeah so......sorry but it seems very apparent to me based on the news of the offering being sold, that Tesla got played in this scenario. If they're announcing it has closed, it means they've been issuing shares at these lower prices. It seems obvious to me that they thought they were going to get inclusion and wanted to ride that....but the rug got pulled out from under them by the S&P. Should have just done a regular offerring at 480

Also not to ge a Debbie downer, but those Aug china sales are quite a bit lower than I was hoping for

 

[Jack6591]

Today...

 

[Singuy]

Yeah so......sorry but it seems very apparent to me based on the news of the offering being sold, that Tesla got played in this scenario. If they're announcing it has closed, it means they've been issuing shares at these lower prices. It seems obvious to me that they thought they were going to get inclusion and wanted to ride that....but the rug got pulled out from under them by the S&P. Should have just done a regular offerring at 480

Also not to ge a Debbie downer, but those Aug china sales are quite a bit lower than I was hoping for

Sorry was Aug sale numbers posted?