Getting back in

in trading •  4 years ago 

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.

86d4ad5090668065241f1ff918fcea5d.jpg

https://www.google.com/search?q=getting+into+tesla&sxsrf=ALeKk03Ywbtd0xZSWt791IiAkuGV-SUcdw:1608641377995&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjlw5-P0OHtAhUTqp4KHY17CxkQ_AUoBHoE

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Tsla is so so over valued

China today is summoning them to talk about their quality issues

It will come back to earth one day

They literally sold stock so they could do there recalls

All it will take is one big recall and they are in trouble

will i be able to get back into bitcoin

I sure hope I will

bitcoin to the moon

but I thing it will come down to earth first

Yea I don't know how you play this with options. Just asking to get killed with a premium suck.

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

Willing to take a $600 loss but locking in a $160 gain doesn't sound like a profitable trading plan in the long run.