Well everyone was expecting a run up in TSLA, and we got the exact opposite. 8% down day, on the first day S&P funds are able to buy TSLA. I think we will slowly have a melt up, and then it will need a catalyst to go from there. Well, I originally said I wanted to go short after the pop, but I went long after the drop. I waited till noon, hoping I would avoid the volatility drop, but seems to me I still caught some of it.
I bought 1 19feb21 660 for 7990
and sold the 31DEC20 670 for 2345
for a total of 5644.
Profit target of 112.88 to 250
I am currently down 297 as the stock is only down 7 dollars from where I entered, but the volatility has also come down.
Need a couple of up days in my future.
Tsla is so so over valued
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China today is summoning them to talk about their quality issues
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It will come back to earth one day
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They literally sold stock so they could do there recalls
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All it will take is one big recall and they are in trouble
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will i be able to get back into bitcoin
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I sure hope I will
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bitcoin to the moon
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but I thing it will come down to earth first
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Yea I don't know how you play this with options. Just asking to get killed with a premium suck.
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Ya, I have gotten killed on it before, but last 3 times did well. Just sold this position today for 160 profit. 3 percent right in line with my 2 to 5 % goals
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Willing to take a $600 loss but locking in a $160 gain doesn't sound like a profitable trading plan in the long run.
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