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Happy New Year to all!
TSLA up 344% in 2013. Lets see if we can beat that in 2014
Tesla Motors Inc (TSLA) Option Players Up The Ante On Their Bets
Lots of folks betting on TSLA with January Calls. That's my bet. Happy New Years to all, my very finest to you and your families.
Tesla Motors Inc (TSLA) Option Players Up The Ante On Their Bets
Lots of folks betting on TSLA with January Calls. That's my bet. Happy New Years to all, my very finest to you and your families.
That's funny, I have been selling a lot of January calls on Tesla, especially the $170's.
That's funny, I have been selling a lot of January calls on Tesla, especially the $170's.
Hedging a long position. Generating new cash for solar trades.
He said 170 calls. This is called generating income by selling OTM covered calls. Who does it, all the big funds holding shares, usually. They will also sell OTM puts as well. Why just hold shares when you can make money selling options on your shares. This can add 5% to someone's portfolio while also "buying" protection against some loss. Example is, if you left Q3 and had shares and were not selling covered calls when it hit 190 (whether ITM or OTM) then you left money on the table through October and November. This is 2014 and people need to now look at portfolio protection. Check into it, not hard to do. And you can sell them all the way out to 2016 now if you wish. But learn before you burn (your money). Dedicated longs can do this and still feel dedicated. It is not really going short "per-se". The big money does this and that is why so many options are out there with open interest. Traders and many funds also just trade options and not shares. They buy the options from those who hold the shares.Selling calls to hedge a long position????
Dave t and Sleepy; I see you are both 'on line'. Is it time to start putting together your predictions for Q4? I was WAY too optimistic for Q3 and got caught up in the VIN discussion. It appears we are leaving 2013 at close to 600/week production. From other threads it appears most are 85s. I am trying to temper my enthusiasm for Q4 ER which I think is far less important that 2014 guidance.
I am hoping for positive catalysts: 1. Good production numbers: 6000 production, GP 24-25%
2. Guidance: Giga factory, China numbers, earlier into of model X, discussion of supercharger roll out, second assembly line
Is it time to load up on 2014 options?
Selling calls to hedge a long position????
Dave t and Sleepy; I see you are both 'on line'. Is it time to start putting together your predictions for Q4? I was WAY too optimistic for Q3 and got caught up in the VIN discussion. It appears we are leaving 2013 at close to 600/week production. From other threads it appears most are 85s. I am trying to temper my enthusiasm for Q4 ER which I think is far less important that 2014 guidance.
I am hoping for positive catalysts: 1. Good production numbers: 6000 production, GP 24-25%
2. Guidance: Giga factory, China numbers, earlier into of model X, discussion of supercharger roll out, second assembly line
Great post. However there is one thing regarding Europe. Norwegian cars are sold in fixed prices in NOK. And NOK has weakened a lot against the dollar. So much that the P85 with options is up over $10k. That increase in price will only apply for those who are getting their cars from April, so Tesla will probably have a big jump in GM in Norway, but not until Q2 2014.
And remember that Norway almost is 50% of the European market for Q4.
http://finance.yahoo.com/echarts?s=...on;ohlcvalues=0;logscale=off;source=undefined;