TSLA is toast? <--- epic selloff

falls off cliff, wish id shorted my 794 short call... right as rain? nope unless you mean acid rain lol :D

tsla23feb.jpg
 
Explain all your thinking of why you think tesla is toast. I see this differently this gives tessla a chance to restructure the company to increase revenue, restructure employees, find ways to increase productivity, or other unique things. I have a postive trader mind set so I think very differently also I am a long person I can hanle the swings
 
risetothetop2021 said:
Explain all your thinking of why you think tesla is toast. I see this differently this gives tessla a chance to restructure the company to increase revenue, restructure employees, find ways to increase productivity, or other unique things. I have a postive trader mind set so I think very differently also I am a long person I can hanle the swings
More...

i posted that weeks ago, in anticipation of the 200-point drop we just saw. my thinking, correctly, was based on price action. i care nothing about the company; i'm a trader.

tsla23febbb.jpg
 
If I'd had the capital free, might could have sold TSLA 3/12 350 put at today's close for a buck, would be chump change but at least it looks profitable.
 
I am sure you guys are loading up on Tsla, right? 6xx isn't going to be around more than a day or two and who else will reward you with $100/share in just a few days?

:sneaky::cool:
 
Ken, as a trader, please share how much money you made on this short.
How did you decide on position size?
What were your targeted stop losses or price action things that would have caused you to cover?

Thanks
 
VicBee said:
I am sure you guys are loading up on Tsla, right? 6xx isn't going to be around more than a day or two and who else will reward you with $100/share in just a few days?

:sneaky::cool:
More...
Hmmmm...
day 1: from 640 to 740
Can't wait to see what tomorrow brings
 
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