"More than 22,000 investors bought Tesla’ stock for the first time on millennial favored Silicon Valley stock trading app Robinhood in the past three days. "
Given this: On the next epic short squeeze, the SEC will require all TSLA shorts to report their daily temperatures.
Tesla investment Is Tesla a good investment at this point? As Fortune 's Shawn Tully writes, the firm's lofty market cap "dictates the height of all future bars it must surmount to deliver a decent return… Tesla will need an Olympian pole vault of a jump, the kind usually achieved only by the best of tech, to reach those heights." Fortune
If I were to invest in Tesla, I would sell a 6 months out covered call on it for 140. Stock is at 740, so that would protect me down to 600, and if the stock goes much higher would still give me a 20% in 6 months return. After 6 months, probably redo: 1. Stock down: protected until 600. 2. No change: made 19%, still own stock. 3. Stock up big: made 19% stock gone, still happy. Going further out like a year only gives an extra 26 bucks, not worth being tied down for that much.
This is why @Pekelo talks absolute garbage. Stock is going parabolic, and she decides to post a trade idea that caps upside and exposes downside. 50 IQ trade setup.
Or maybe as a better explanation - he has a different risk profile to you - and that trade could be ideal his specific situation and risk tolerance.
Not a valid explanation. @Pekelo sells 5 wide verticals into a ~30% peak to trough drop. Absolutely retarded move. She should just put money into a CD then.
Tesla Supercharges Returns of Two Asia Hedge Funds in January (Bloomberg) Tesla Inc.’s 56% share-price rally in January supercharged the returns of a pair of Asia-based hedge funds. Optimus Prime Asset Management Co. got most of its 14.5% gain last month from Elon Musk’s electric car company, according to a person familiar with the technology-focused hedge fund. Tesla and its suppliers were also major contributors to the 17.6% increase at a fund managed by CloudAlpha Capital Management Ltd.