and the market took them to school for a small fee"More than 22,000 investors bought Tesla’ stock for the first time on millennial favored Silicon Valley stock trading app Robinhood in the past three days. "
"More than 22,000 investors bought Tesla’ stock for the first time on millennial favored Silicon Valley stock trading app Robinhood in the past three days. "
If I were to invest in Tesla, I would sell a 6 months out covered call on it for 140. Stock is at 740, so that would protect me down to 600, and if the stock goes much higher would still give me a 20% in 6 months return. After 6 months, probably redo:
1. Stock down: protected until 600.
2. No change: made 19%, still own stock.
3. Stock up big: made 19% stock gone, still happy.
Going further out like a year only gives an extra 26 bucks, not worth being tied down for that much.
Not a valid explanation. @Pekelo sells 5 wide verticals into a ~30% peak to trough drop. Absolutely retarded move. She should just put money into a CD then.Or maybe as a better explanation - he has a different risk profile to you - and that trade could be ideal his specific situation and risk tolerance.