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

[bkp_duke]

This is a tough decision for me...which one first?

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Mix n match? All at once?

 

[Sofie]

There is a price for everything

Well...okay let’s say is probably sell at 2k but it would be hard still

 

[Cherry Wine]

Buy-side liquidity dried up AH.

EDIT: Nevermind just saw crazy big share blocks go through. This is fascinating to me.

 

[woodisgood]

This is a tough decision for me...which one first?

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Clearly all at once, in honor of the way S&P chose to do it.

 

[Singuy]

Talking about FSD. Waymo disengages in "heavy rain" (07:30) and just ends up being in manual mode. I put heavy rain in quotations because that's like a tropical drizzle in FL. But they are 10 years ahead of Tesla they say.

 

[vikings123]

And again, this time a different increment for 200 shares a pop. Lol this is funny.

 

[SunCatcher]

It was only 60 sep ira shares. I am still holding many thousands.

I do the same gene... hard to resist selling a few shares at times like this, to refill the dry powder keg. Then you can by the dip; you know, when SP drops to 650!

 

[Right_Said_Fred]

I don't think that's how it works. TSLA has been added at $695 to the S&P 500. Any purchase below or above this figure will introduce a tracking error.

Hence the couple of spikes to 695 in AH.

Ignoring the time value of the money (which is anyway very close to 0) for those funds that right now hold cash instead of TSLA because they didn't manage to acquire all the shares they need, if they buy at 695 on Monday, their tracking error should be very minimal.

I do not believe they'd insist on buying just at the opening/closing cross as this would not guarantee the 695.

Are you saying most index funds are not buying after hours and the ones that do will only buy at 695? Not at 680 or 675? Would they really mind a tracking error that makes their performance slightly better?

 

[Big Time]

Robinhood just shot back up to 695 4:11PM Central

 

[davecolene0606]

This is a tough decision for me...which one first?

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All of the above!

Fire Away!
(It's still the batteries, Stupid!)

 

[adiggs]

I love the Disagrees - I really do. I'm hoping for better information from anybody, including the ones that Disagree.

I'm far from an expert - more like most here that have been learning about this stuff for the first time the last few weeks. This is the best info I have - please improve my / our knowledge with better info.

Update to my original post about when the TSLA share price is actually being used to calculate the index value. This is the original press release about the addition:
Index News Dec 11, 2020 - 5:15 PMTesla Set to Join S&P 500 & 100; Apartment Income REIT to Join S&P MidCap 400

This is the original press release from S&P. My reading is that the entry price to the index is based on the Opening Price on Monday; not the Closing Price on Friday.

These are clearly very similar to each other, most of the time. In this circumstance, there may be a reasonably large difference

 

[Johnny Ma]

This is a tough decision for me...which one first?

Doesn't matter. You know you're going to drink them all as fast as possible.

 

[Dancing Lemur]

But why does it keep falling after hours then? 672 now.

That’s a great question, and would seem to invalidate my thesis if they’re willing to trade in AH. Or maybe they all accumulated enough during the last weeks. I don’t know.

But 695 is the inclusion price, so it’s something to watch. Is the price now 660? 680? Or 695? It’s hard to tell based on how that all went down. Now for the long wait until 9:30 Monday.

 

[Johnny Ma]

Robinhood just shot back up to 695 4:11PM Central

Probably a data error. These have been happening for years. It's funny, because the big drop then rebound form a "T" that looks like the Tesla T on charts.

 

[Sudre]

I imagine if not for the huge push down 30 minutes before close the $700 Call sellers would have been on the hook for an additional 4 million shares (or at least more buying back) after the cross and that just could not happen... hence this stayed pinned safely under that. Luckily I have my TSLA shares I was wanting at $650 from my Call. I was beginning to think THEY were going to manage to steal them from me. I messaged Robinhood and they stopped trying to sell it. I am guessing they went ahead and exercised it for me because I have the shares now.

 

[Singuy]

I guess the best way to look at this is...how stubborn are Tesla hodlers? Well S&P are willing to throw money at you and yet they still can't find all the shares they need even with a 35 days worth of lead and major assist from MM and hedge funds.

 

[Curt Renz]

My guess is that was determined as the price for purposes of expiring options.

I checked with my brokerage. I was told that $695 was the Nasdaq closing price for TSLA and the MOC (Market-On-Close) price. However the agent said the Options Clearing Corporation had not yet determined the closing share price related to expiring options. He indicated that the $695 MOC price should be a part of the consideration regarding options, and also after hours prices.

 

[davecolene0606]

I checked with my brokerage. I was told that $695 was the Nasdaq closing price for TSLA and the MOC (Market-On-Close) price. However at that time, the agent said the Options Clearing Corporation had not yet determined the closing share price related to expiring options. He indicated that the $695 MOC price should be a part of the consideration regarding options, and also after hours prices.

Ahhh, Ok, for non-option traders this means... nothing?

and if you had options out there, is this guy sayin "we don't know yet?

Thnx

Fire Away!
(It's still the batteries, Stupid!)

 

[ibcs]

Your idea of crazy must have been less crazy than mine.

I had limits at 757 and 1200 too. Unfortunately, they did not execute.

 

[SarahsDad]

Strange looking candles after hours...