Trading Tesla

Will short soon.

 

Some say do not pick high or low. Stupid. It is possible.

 

Careful. Lots of shorts have gotten their face ripped off shorting TSLA the last few years.

 

488 should be the high.

 

A short position in TSLA might work for the next few days,especially if this dip in the overall market continues,but after that all bets are off.

 

Watching coffee also.

 

I hope you shorted TSLA with hedging. TSLA is NOT stock for shorting. So if you short naked, it's highly likely that you will get short squeezed which is not a position that you want to find yourself in.

 

And ususally ppl sell way OTM calls to profit a bit from the temporary dips.