Social Chat - Short Term TSLA Movements

[TSLA Siempre]

Thanks for all of the support you guys from a few days ago, on my mistimed options play. Actually did make feel a lot better. I did go in with an exit strategy and held to it. My strategy was just wrong. I didn't quite understand why tsla went up the way it did on tuesday.

This shanghai thing is great. I'm psyched.

Maoing and Cankoo1, your insights into Tesla China are just awesome. Thank you!

Regarding the FTC opinion, I don't think it is going to make any difference. Ultimately, when Tesla becomes huge and there are barriers to purchasing a Tesla in certain states, the legislators in those states will capitulate. When that happens, Tesla will have already won the game.

 

[DaveT]

Just announced:

Thanks for posting the TSLA shareholder meeting info. I'm planning to buy my plane tickets tonight. Southwest has a great sale going on but ending at midnight today.

 

[Lump]

Thanks for posting the TSLA shareholder meeting info. I'm planning to buy my plane tickets tonight. Southwest has a great sale going on but ending at midnight today.

I am looking forward to attending as well, can't wait to drive up Highway 1 without the family (daughter gets car sick sometimes) to attend the shareholder meeting.

 

[Cattledog]

What's with the pre-market owwie?

 

[FluxCap]

What's with the pre-market owwie?

AMZN + Ukraine.

 

[Cattledog]

AMZN + Ukraine.

Hopefully word of the China fleet sales, FTC opinion, SpaceX magic dust announcement rub-off will allow a more reasoned day.

 

[AlMc]

Well lots of good info out of China and FTC....Bought a couple 'lottery tickets', April 26 215 calls for 40 cents in hopes that we might get some digestion of this week's news and a small 'pop' tomorrow.

Like most lottery tickets, 99.9% are losers...'L' for AlMc today. Luckily small amount invested.

 

[FluxCap]

Like most lottery tickets, 99.9% are losers...'L' for AlMc today. Luckily small amount invested.

Bummer +1. My May 9's are looking blood red this morning. Holding on to them though, hoping we weather this storm.

 

[Chickenlittle]

Hopefully word of the China fleet sales, FTC opinion, SpaceX magic dust announcement rub-off will allow a more reasoned day.

Nobody carrying news. Question why

 

[marvinat0rz]

I hate being right about the downwards macro movement. If this is how hard we're hit when there's no company-specific negative news, imagine how much it would hurt when there is company-specific negative news. Congrats to everyone who managed to hedge their bets in the current environment. I don't have an opinion as to whether it's too late to take a defensive stance or not, though.

 

[FluxCap]

AMZN is close to triggering the SEC's Short Sale Circuit Breaker of 10% drop limit. As one of the US' most recognizable brands and a leader in the stock market and tech industry, this is significant and no one is paying much attention to anything else right now, other than Ukraine.

 

[dalalsid]

Nobody carrying news. Question why

I just submitted an article at SA with the Chinese news. Rushed non-edited job early AM today but got the info out there. Hmm SA just pushed it out. But they didn't like my word - Fleeconomics

 

[c041v]

Like most lottery tickets, 99.9% are losers...'L' for AlMc today. Luckily small amount invested.

I looked at all the good news reported this week and then promptly bought puts a few days ago. This is the exact opposite of what I'd normally do, but I was tired of hoping that the market would respond the way it should. Sold a bunch of them at ~$198 a few minutes ago, not for huge gains, mostly just recycling free cash. My June 270's are laughable at this point.

 

[AlMc]

Well...short term options for today puts me even. My bet on April 215s that I bought yesterday were a 90% loss but I picked up some 200s near market low at and sold for 100% gain. These were both small positions so I am not losing the farm or planning on retirement tomorrow.
Also picked up some more May9 200s. Hoping for some good news macroecononically (or at least no more bad news there) and on the TM front.

 

[Fast Laner]

Elon Musk Space X statement line on bloomberg west

 

[dalalsid]

How does one respond to reputation comments? Anyway - thanks everyone who gave me some nice ones over the last few weeks..

 

[uselesslogin]

Will we see a close at $200.00 today? The even Friday closes happened a lot last year but I don't remember one lately. BTW 52-week low is $50.50. If I knew what was coming back then I'd be a much richer man today. Good times... good times.

 

[dmunjal]

Will we see a close at $200.00 today? The even Friday closes happened a lot last year but I don't remember one lately. BTW 52-week low is $50.50. If I knew what was coming back then I'd be a much richer man today. Good times... good times.

Options expire today so may see a close just above $200.

 

[uselesslogin]

Options expire today so may see a close just above $200.

Puts expire too, that is why I am thinking $200.00 even since they will get both sides.

Edit: oops, yeah a close above $200 would be good for put writers and there are more puts than calls today... So just above $200 is likely.

 

[AlMc]

Great video/chat with EM today: http://www.c-span.org/video/?319035-4/elon-musk-tesla-spacex