Yeah definitely don't think it's algo's looking at the buy volume now. Large buys coming in. I certainly don't want to jinx this move lol but it seems like the large buys coming in are also too big for MM's to playing any sort of games. The buying volume could dry up though and MM's walk it back down.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Yeah definitely don't think it's algo's looking at the buy volume now. Large buys coming in. I certainly don't want to jinx this move lol but it seems like the large buys coming in are also too big for MM's to playing any sort of games. The buying volume could dry up though and MM's walk it back down.
It's nice and all - but we're not even up 2%
MartinAustin
Active Member
How is that comparison of the Toyota+Tesla market caps going? I can't seem to find the right numbers
woodisgood
Optimustic Pessimist
Fair enough, we're all guessing here. But I do play weekly options and see the same recurring patterns.
StealthP3D
Well-Known Member
LOL! The big automakers have been matching production to demand for decades and they don't like to get more than 6 months ahead of demand. So, unless they want to go bankrupt even faster they will get even better at curtailing production as soon as they see the problem so they can let inventory clear out. This is a temporary situation unless the big OEM's are even more out of touch than I thought. If anything, the incrementally lower volumes of ICE sales and manufacture each year will make them more expensive than they would have been, not less. The big OEM's (if they are still in business) will need to make a higher margin on each car sold just to cover fixed expenses. And they have huge fixed expenses!
So, with the exception of normal short-term over-stock situations, they will either go bankrupt sooner or raise their margin per car sooner.
I meant I didn't buy this spike, not that I didn't buy your theory. Like you said, we're all just guessing here. The big purchase of 900c earlier this week and this suspicious rally on seemingly non-news and speculation on something big tomorrow all seems like another attempt to dick FOMO call buyers. IV has been very low this week so I wouldn't surprised to see this as an attempt to juice it.
While I'm inclined to believe the buying is authentic buyers because the large blocks instead of a steady stream of small blocks, The MM's could always ride that buying volume to the upside and then push it back down tomorrow. That would be playing with fire though because say some sort of news does come out tomorrow or a fund randomly decides that they're going to start accumulating....it's only a 3% gain from this level to break 850, which I think someone pointed out would be the worst case money wise for the MM's.
Krugerrand
Meow
StealthP3D
Well-Known Member
If the bet is large, it points strongly that the rumor H G Wells built a time-machine really is true!
HG Wells
Martian Embassy
HG Wells
Martian Embassy
Well, now that you mention it. I wanted to be a particle physicist.
My hand writing killed it. My hands shake terribly.
But its an expensive hobby. Especially with the price of liquid helium.
StealthP3D
Well-Known Member
That's only $6 and change (way less than 1%). Seems like normal price discovery/volatility to me.
Buckminster
Well-Known Member
Elon's not charging enough for Cybertruck...
Brabus launches a £440,000 armoured Mercedes G-Wagen | Daily Mail Online
Brabus launches a £440,000 armoured Mercedes G-Wagen | Daily Mail Online
Yes we do. Nasdaq down 1%, TSLA up 1% = 2%
allow me present my conspiracy theory
Step 1: buy a bunch of ATM calls Yesterday someone bought $200k in OTM TSLA calls expiring Friday : wallstreetbets
Will Meade on Twitter
Step 2: make it known that you made the purchase, hinting at something going down on Friday (GF announcement, seriously? Elon kinda did it in March. Why would the exact location matter?)
Step 3: have CNBC come out with some sort of half ass positive news
Step 4: buy a bunch of shares
Step 5: cash out your calls
Step 6: sell the shares you just bought
I love how TSLA has slowly turned me into Charlie, just less insane.
Step 1: buy a bunch of ATM calls Yesterday someone bought $200k in OTM TSLA calls expiring Friday : wallstreetbets
Will Meade on Twitter
Step 2: make it known that you made the purchase, hinting at something going down on Friday (GF announcement, seriously? Elon kinda did it in March. Why would the exact location matter?)
Step 3: have CNBC come out with some sort of half ass positive news
Step 4: buy a bunch of shares
Step 5: cash out your calls
Step 6: sell the shares you just bought
I love how TSLA has slowly turned me into Charlie, just less insane.
At close, Toyota still in the lead at $162B vs $153B, but the gap closed a relative 3% today. Two more days like today is all it would take.
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