I would suspect so, unless macros (impeachment, etc.) really dive. Even given the negative news of Solar City suit yesterday, I thought the impending delivery report would have provided more support. So anybody's call here. I'm reluctant to add to my core position unless this hits sub 200, but playing calls on the delivery report may be worth a shot.
I am waiting for a SP below $210. No need to jump in too quickly and buy too high. Will spread my buying of LEAPs down to $177 or lower with patience. Waiting for RSI below 25. Current SP action does not look to me like it will rebound quickly. I feel like currently the momentum is gone or to the downside. It feels crazy that we are currently trading at these price levels given the progress we made during the last years. GLTA.
Literally me. I've backed up so many trucks might as well call me Freightliner
Totally true.
I have a core stock holding that I do not touch, ever, but I always keep dry powder to buy after a sudden big drop. TSLA has (too) many of those...
I'm never comfortable getting in when everybody's panicking, but it turns out it's mostly the right move.
That's why now I'm already itching to take some profits (I got into LEAPS that are up around 10-30%) since sentiment on TMC is that we're gonna crush deliveries and ER. That always scares me
I was planning to buy some calls today - but IV went up from 50% to 60%. So, the 255 calls were $2 instead of $1.
Isn't that a bit risky, given impending delivery numbers? Less risky to buy puts. I bought calls yesterday when the shares dipped, and bought some puts today on the move higher.
This. Buying puts ahead of announcements would likely yield the best results. Market makers also don’t seem to care about max pain when puts are ITM. Calls ITM? Sell that *sugar* fast
The recent daily candles look bearish (topping pattern), but the last weekly candle looks bullish. From a TA perspective, stock can go either way. And 240 is not too high or too low.
