Shorts leaned hard and got teslasized into the close . Shorts having nightmares . 3800 next week?

You believe the above two topics were the reason for the market’s move in the last hour or two on Friday?

Options expiry most certainly weighed on the market all day and then a late relief rally is pretty standard ( most expiring option holders get out by 3 or 3:30 pm ). I used to trade options heavily the monthlies tend to force many stocks against trend on expiry day. Monday's following often open up higher if no other overriding news occurs.
 
Last edited:
Any day now Musk, while smoking a fattie, will contemplate doing another split. :D

Ahhh but maybe he'll give it some time to percolate before deciding whether to burn remaining shorts. Of course then that just might be the top.
 
Musk worth $167 billion on the heels of Bezos . TSLA a very resonable 1330 p/E . I’m sure Chanos has lost 30-50% of his fund the last 12 months shorting it . Cramer still cheering it on .
 
Back
Top