A $5-10 move in a day, $15 move in a week, $25 move in 2 weeks, and $30-40 move in a month seems par for the course for TSLA.
If you want to sleep properly at night and not worry about the daily fluctuations of the share price, stay away from margin. The highs are awesome when the share price is going up, but the lows are terrible when you're counting down every single cent till when you will be margin called. This is amplified even further when you're using margin for options!
Ditto. I am almost entirely in 2020 leaps, I have dry powder waiting for 327-330. I won't complain if I never see it.
Also to add, when using margin, you are never completely leaving core shares untouched... Your core holdings are collateral for the margin you used, so when there is a downturn, it is possible that both your margined and core holdings could be liquidated to satisfy the margin call.
I think it is more following and amplifying the market in general. It also drifts downward when there's no real news.
I'm with you here, sort off.
$350 is still going to look like a great price to sell, if we see $330 in a few days...
The market has a tendency to sweep up leverage and leveraged investors. If you don't manage your risk and are not trading for a living, I personally think it is dangerous. I have used margin, but have always regretted buying on FOMO. It is only when buying incrementally when the stock is falling, or early after a bottom. I bought in the 200's on the way down to the Mark Seagull bottom. Too often buying on margin is a reaction to feeling like you have missed out on a rally. This is often the time to sell covered calls and limit your risk and sell someone else leverage.
