Think about the poor guy who mechanically bought TSLA options all through 2020. No need to worry about price action, MA, SMA....
TSLA is toast? <--- epic selloff
- Thread starter KCalhoun
- Start date
Think about the poor guy who mechanically bought TSLA options all through 2020. No need to worry about price action, MA, SMA....
If I knew how to trade options better I'd be buying puts if TSLA gets under 800 and trends down for 3 or more days. Likely monthly with a 720 strike... if I traded options.
(not a trade reco)
I have no dog in this fight but people arguing for electricity using alternative means tended to oversimplify their outlooks. All the alternatives have their own environmental issues.
1. Hydro, completely destroyed the river ecosystem and the damage done to fishery is huge. Norway is farming Salmon now. The US Northwest are tearing down dams and restoring the river ecosystem with great expenses.
2. Nuclear, you heard of Chernobyl, Three Mile Island, Fukushima? In Southern Cal, San Onofre nuclear power station, shut down for 10 years, waste fuel will remain active for hundreds of years if not disposed off. The station and the surrounding will not be habitable.
3. Wind. Not dependable and in CA, killed lots of migratory birds, no one has any solution yet.
4. Geothermal. No one figures out how to do it efficiently and cost effectively yet. And it is not available in most places.
5. Electric cars, the conversion from fuel to electricity to battery charge to electric motor is much less efficient than from fuel directly to ICE. And we haven't even considered the cost and energy of manufacturing Li ion batteries, the environmental damage of Li extraction, and the toxic end of life battery disposal and their impact to the environment.
Realistically, the only solution other than nuclear fusion is for all of us to use less energy.
That is actually the wrong thinking.If I knew how to trade options better I'd be buying puts if TSLA gets under 800 and trends down for 3 or more days. Likely monthly with a 720 strike... if I traded options.
(not a trade reco)
Once you determine that a certain stock is worth betting on, the most profitable trade is simply buying calls. In TSLA's case, the market grossly underestimated the growth, that means the upside is convex and exponential. Since the downside is capped, you will be printing money buying calls.
My buddy has had a geothermal system for his property going on 25 years now..works great.he has saved a fortune on energy costs.
And yet you don't detail the reasons the world is moving away from oil/coal/gas...
Because I agree global warming is a real problem. It is people's actions and the solutions I questioned. For those that are committed to save the world, they should demonstrate their resolves by reducing their energy consumption instead of buying Teslas. People buy Tesla or electric car to save money on gas, not to save energy consumption and it is advertised as such.
Anyway my apology to @KCalhoun for going off topic.
True enough, but did Dorsey poll the shareholders about this issue? I seriously doubt it. It's not minor and it appears to have cost TWTR a big price hit, so I'd say a class action suit from shareholders might be real possibility.
I'd bet against Jobs, no problem. He's dead.
...to virtue signal.
[fixed]. But I still want one cause theyr'e pretty cool.