So a bet that tesla jumps $400+ a share by friday!! https://www.cnbc.com/2020/07/22/options-bet-tesla-earnings-report-add-75-billion-to-market-cap.html
Yep even that is a cool 25% return. I'm just counting down the seconds to tonight's report. Don't forget Microsoft reports as well
Didn't I just read somewhere that buying options 3 DTE is a very bad idea? Oh yeah... @BlueWaterSailor atehT.
Did this fail? Only +5%! Those premiums were probably huge with the Tesla IV. I sold a put expiring in Oct at 800 strike. I guess I don't need to wait till Oct to get out of it for nothing now. HA!
tesla is latest fad, it's business model is one trick pony. and it keeps the ceo as he promotes the stock there is nothing to sell or invest in wall street and electric cars is an investment theme and easy for investment bankers to sell to investors. tesla is actually and old company and leftovers from the green investments or solar investment fad in the 2005-2010 period when GREEN tech was 'popular' these companies don't generate any positive cashflow. that is what makes a 'good' company. to invest.and relies on welfare money from bond an equity investors to stay afloat. and pay for their operations or pipe dream some or many of these companies have no intention of making the business sucessful other than take investor money and bail and declare bankruptcy.
There is too much negative news right now for market to keep going up like this. I'd be careful after earnings seasons is over.