TSLA Market Action: 2018 Investor Roundtable

[Curt Renz]

CNBC with video - this afternoon: This is a pivotal inflection point in the Tesla story, says Wedbush's Dan Ives

Late yesterday he initiated Tesla with an OUTPERFORM rating and a $440 price target.

 

[winfield100]

Mistype
Max pain is $380
^^

Seeking alfalfa trolls and bots monitor this forum
Perhaps confuse them.......^^

 

[Tslynk67]

Wish maximum pain site would show today's expiry. The History part of their site doesn't work for me.

This isn't Max Pain, but does have some graphs that you can post to make people think one knows hat one is talking about...

Opricot Open Interest|Volume|Max Pain

 

[Todd Burch]

FYI $TSLAQ are advertising that they plan to drop a massive scoop right after market close. Something about fraud, missing VINs, ABL, cash position, Q3 miracle, etc.

TeslaCharts on Twitter
"Elon Says" on Twitter
HOARY operatic MARMOT, STOCK TRADER on Twitter
HOARY operatic MARMOT, STOCK TRADER on Twitter

That's like advertising that the Washington Post is going to wait until the "Friday night news dump" to publish a story that they have proof that Trump colluded with the Russians.

Doesn't make any sense.

 

[Tslynk67]

I don't do options, but my take-away from watching days like this is that it's best to close the position some days in advance if the moment presents itself...

 

[lklundin]

The general forces driving this slow short squeeze are quite real, but we've risen so much that eventually there's going to be temptation for many people to profit-take to buy other stocks that are depressed right now.

One very simplistic version of a slow short squeeze could happen if the current, high daily closing price would continue to edge upwards. The daily closing price would drive new short sellers into forced covering, thus ensuring more margin calls the following day, potentially getting into an actual chain reaction of margin calls.

So whether by design or not, the sudden, sharp drop of the SP a little while ago to below yesterday's close would provide the short sellers with a bit of breathing space.

For now.

 

[Tslynk67]

One very simplistic version of a slow short squeeze could happen if the current, high daily closing price would continue to edge upwards. The daily closing price would drive new short sellers into forced covering, thus ensuring more margin calls the following day, potentially getting into an actual chain reaction of margin calls.

So whether by design or not, the sudden, sharp drop of the SP a little while ago to below yesterday's close would provide the short sellers with a bit of breathing space.

For now.

Shorty has been very lucky to have the $TSLA rally happen during a big down-turn. OK, maybe they have other stock being hammered, while Tesla goes up, but it would have been a lot worse otherwise, It think.

Next year will be a different matter, assuming we get profits again in Q1 and less capex spending as forecast.

 

[Drax7]

My only worry is the general mkt, The breakdown is too persistent, not a good sign.

Something is rotten in the state of Denmark.

 

[tivoboy]

Feb $370c at $25 or less would require stock to drop into the $350s, correct? I think the week between Christmas and New Year's, or indexes breaking down key supports, are your best bet. Would you still enter into the stock under the latter scenario?

Yes, i would and yes it MAY require a more close in or even MORE volatile tape. But, as I noted above I'd start to maybe build the entry call at 370 when/if we get to 30$, which wouldn't require as much of an overall stock move. If I was long equity, I'd probably be selling the 395$ at this point in order to capture the premium, then waiting for another dip lower to enter the 370$ strike

 

[KarenRei]

Daily low, under $366.

ED: Now into the $364s...

(That's a " " if you want less liquidity, " " if you want more!)

 

[tivoboy]

Mistype
Max pain is $380
^^

Where are you seeing/showing that.. Max pain for today is not 380$

when we pin at 360$ I guess we'll know. ;-)

 

[pz1975]

Where have I seen this price action before?

Oh yeah, last Friday.

 

[anthonyj]

Max pain is real on this stock

 

[oneday]

Well I decided to buy Feb 19 400s, just executed at $20.6

 

[tivoboy]

Well I decided to buy Feb 19 400s, just executed at $20.6

I think there might be some magic, buying a 400$ call for 20$.. 420$..

 

[KarenRei]

Come on, keep edging on down... mamma wants a new set of $360 Feb 19s...

 

[ZsoZso]

OK, I'm again 100% in, $365 was good enough for me. We can go up now, SP has my permission !

 

[defc0n]

I should've respected max pain more on a Friday.

 

[tivoboy]

Come on, keep edging on down... mamma wants a new set of $360 Feb 19s...

Why pay so much premium? Wouldn't you like a bit more leverage?

 

[oneday]

I should've respected max pain more on a Friday.

This seems like a newish trend to me. Perhaps it is because of the melt up we have been having the last couple months.