Tesla: The Great Short - Page 13

trader220 · 03:33 PM

Quote:

Originally Posted by biosurfer1

I bought 2 put contracts today, June 2022 expiration.

This is just out of control and I have seen this too much to know this won't end well. Not a commentary on their cars or Elon or anything besides this is what stock hysteria looks like and it usually comes crashing back down.

If this is out of control then the June of 22's are not the ones to buy there is over a hundred bucks in time premium in every strike. The stock could drop 50 bucks and they'd barely move in price. Options with that much time in them are not the way to play a major move in the stock.

Really, you'd be better off shorting the stock and buying some cheap calls as protection.

Sooner or later · 01-29-2020, 04:48 AM

They report earnings after the close. Should be interesting.

legion · 01-29-2020, 05:55 AM

What's the consensus loss per share?

Paul T · 01-29-2020, 06:03 AM

Quote:

Originally Posted by legion

What's the consensus loss per share?

+1.739/share (.71 gaap)

Sooner or later · 01-29-2020, 06:05 AM

Expecting a profit. I think somewhere around fifty cents eps for the quarter.

trader220 · 01-29-2020, 06:27 AM

Should be fascinating tonight.

Looking at the options markets, the IV is so jacked.

biosurfer1 · 01-29-2020, 01:39 PM

wow, up over $650/share after an earnings beat.

speeder · speeder's Garage

https://arstechnica.com/cars/2020/01/tesla-made-105-million-profit-in-q4-2019-after-record-deliveries/

RWebb · RWebb's Garage

Is it dead yet?

trader220 · 01-29-2020, 04:14 PM

The two day ATM straddle went out offered at $64 bucks at the close today.... amazing, you could hedge it in after hours and lock in a $10 buck winner.

It was so tempting to sell the straddle. I had to remind myself that's not how I trade.

Mahler9th · 01-30-2020, 09:30 AM

Porsche-related...

I found this interesting...

https://www.autoblog.com/2020/01/28/tesla-earnings-per-vehicle-profits/

I live right near Tesla

trader220 · 01-30-2020, 01:47 PM

Is it time to short it now?

MysticLlama · 02-03-2020, 09:56 AM

Anyone short it last week at $650?

trader220 · 02-03-2020, 10:47 AM

As much as the trader in me wants to be short this thing, the trader in me also knows not to touch it.

Sooner or later · 02-03-2020, 10:51 AM

Quote:

Originally Posted by trader220

As much as the trader in me wants to be short this thing, the trader in me also knows not to touch it.

No kidding.

Tesla's market cap is nearly twice that of Ford and GM...COMBINED!

Ford 36 billion
GM 49 billion
Tesla 137 billion

trader220 · 02-03-2020, 10:59 AM

Quote:

Originally Posted by Sooner or later

No kidding.

Tesla's market cap is nearly twice that of Ford and GM...COMBINED!

Ford 36 billion
GM 49 billion
Tesla 137 billion

I hear yaa..... there is lots of air under this one but do you really want to step in?

Sooner or later · 02-03-2020, 11:04 AM

Quote:

Originally Posted by trader220

I hear yaa..... there is lots of air under this one but do you really want to step in?

Hell no. I sold my stock when it doubled. That was a couple of doubles ago...

trader220 · 02-03-2020, 11:09 AM

Quote:

Originally Posted by Sooner or later

Hell no. I sold my stock when it doubled. That was a couple of doubles ago...

Not a chance I would buy it here. I was talking about stepping in on the short side.

Sooner or later · 02-03-2020, 11:11 AM

I know you were. Was just giving my history in the monster.

At these levels it looks like a tulip to me. But I ain't going to buy or sell short tulips at this level.

trader220 · 02-03-2020, 11:44 AM

Quote:

Originally Posted by Sooner or later

I know you were. Was just giving my history in the monster.

At these levels it looks like a tulip to me. But I ain't going to buy or sell short tulips at this level.

Understood !

Just feel like closing my eyes and hitting the bid on a short sale.