https://insideevs.com/tesla-model-3-vin-registrations-hit-new-record/
According to the article, the VIN numbers are hitting record at a faster rate, looks like production trouble is over. Looking at the stock price, it is at a heavy discount at now at $277 from the high off 377$ about a year ago. I am thinking to get a cheap JAN 20 option @ strike price of 500$ which is currently at around 0.18 to mess with its delta. I am sure the same option's delta was close to 0.5 or around 0.4x when the stock traded around 377$ about a year ago. What do you think?
According to the article, the VIN numbers are hitting record at a faster rate, looks like production trouble is over. Looking at the stock price, it is at a heavy discount at now at $277 from the high off 377$ about a year ago. I am thinking to get a cheap JAN 20 option @ strike price of 500$ which is currently at around 0.18 to mess with its delta. I am sure the same option's delta was close to 0.5 or around 0.4x when the stock traded around 377$ about a year ago. What do you think?