Well that didn't take long...But the stock price? Hopefully the 330 line will not be breached today. Oh well, I kinda see similar tactics on other short trading days. Weak longs are being taken advantaged by the shorts.
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Well that didn't take long...But the stock price? Hopefully the 330 line will not be breached today. Oh well, I kinda see similar tactics on other short trading days. Weak longs are being taken advantaged by the shorts.
I bought 100 shares on margin at the 250 dip recently. As I need money in about one month, I would like to remove some of the risk by closing out my margin at least... But this macro environment is no fun. What to do? What to do?
Tesla news is not so FUDdy lately.Interesting to see the “Tesla dropping prices in China” news getting quite a bit of play on international news networks (BBC, CNN etc). And it is not being reported as negative for Tesla, more along the lines of: “This is the result of tariffs, and Tesla is enabling more Chinese customers to buy a Tesla”.
Think of this as a Black Friday sale.
On a day like today you should be able to buy a higher strike still in the money call for less money and get more leverage.I have a good feeling that today's going to be the day that I get my calls. Well, those that I can buy with what's in my account; the extra $18k I sent hasn't shown up yet :Þ Still liking the look of $250 Feb '19s. If I can get them for my target price (mid-$95s), with my expected probability distribution for Tesla's stock price at expiration they'd yield a weighted average 25% return. Breakeven would be in the mid-$345 range, and versus TSLA ~= $330 at purchase time, they'd perform better than stock at TSLA ~= $352 in February after the Q4 report.
My numbers are equally optimistic up to strike prices around $300, but my expected returns start to decline after that.
ED: Oh hey, my limit went off. Cool. Now here's to hoping that the $18k arrives soon so I can buy some more calls while the stock is down
Tesla news is not so FUDdy lately.
Interesting to see the “Tesla dropping prices in China” news getting quite a bit of play on international news networks (BBC, CNN etc). And it is not being reported as negative for Tesla, more along the lines of: “This is the result of tariffs, and Tesla is enabling more Chinese customers to buy a Tesla”.
Tesla news is not so FUDdy lately.
I don't know, this stupid piece came up on my Yahoo this morning. Some moron trying to tie the stock market woes to Tesla's China discount.
I don't know, this stupid piece came up on my Yahoo this morning. Some moron trying to tie the stock market woes to Tesla's China discount.
Anybody who has any take on whether we are entering a recession or not atm?
As we've had low interest rates for a decade now, the dept level is very high. And it's high not only for consumers, but also for companies and governments... But, on the other side, companies are raking in high profits, unemployment is low and P/E doesn't seem unreasonably high generally speaking.
Maybe someone who remembers the financial crises of '07-'08 can chime in: Do you see lots of similarities to today's market, or is it a different situation?
Yeah totally forgot to mention oil dropped 6.8%.I don't know, this stupid piece came up on my Yahoo this morning. Some moron trying to tie the stock market woes to Tesla's China discount.
Amazing that crude is around $50/barrel. Think of where we'd be in a high-oil-price environment.
I’m too dense to understand. Where?
The sorts of vehicles people tend to buy depends strongly on gas prices. People tend to choose smaller, more efficient vehicles when gas is expensive, and larger, less efficient vehicles when it's cheap. Investors know this, and it's reflected in anticipated deliveries / margins for vehicle manufacturers.