Hmmmmmmmmmmmm ... I knew Moscow Mitch had that "familiar" look. Here I thought he looked like Cecil, my childhood pet turtle. All I know is Granny would took her gun and made them Revenuers give her that $2000! She must be rolling in her grave at what her little Mitchy has come to. PS Cecil is fine. Little bastard will probably outlive me. He is now my kids's childhood pet turtle.
Covered some in the mid-high $660's and at then at $660, so a bit more than +40 on those. Trailing and also long puts, with levels for scale outs below.
Short $TSLA via 8 Jan 2021 put debit spread $770/$655 at $133 ... I'm traveling this week and muffed this one. Thought I had the $670/$650 but I was with a group of people and trying to trade on the sly. I have a limit order to sell part of the position at $500/spread. As always, the stop loss is the entire premium. I either get filled on the profit limits or it goes to $0. $TSLA traded down into an algo buy target and was indeed bought. I'll be long above $746 for a run at toward $800, which sounds an awful lot like July or August lol ... $800 is the new $4000 ...
But is what Chanos said true? Opinions and verbiage aside. He flat out said it in the interview.... you heard it. True or false? Ya gotta think a cat like that would chose his words carefully. Either way... his bit on IBM is interesting. I bet he's right.
$TSLA below $690 >>>> $550 by opex possible $ROKU IF green to red today (closes red) >>>> down $50-$100 by opex possible
$ROKU put debit lotto $375/$350 at 27 cents ($27/spread) ... risk is the entire premium. $ROKU close above $326 and I will buy calls or a call spread as well.