If you really shorted spot good on you man. Do you have at least one fill to show? What is your week looking like?
Not spot. https://www.elitetrader.com/et/posts/5009754/ This isn't a dick size contest post. My posts in this thread so far are to outline the potential and opportunity of these moves.
Definitely didn't take it that way. The more people showing some authenticity on these boards the better. Glad to see others taking it home for the team.
I bought Tesla puts, both on the way up, once with the stock is 738, and want with the stock at 850. I was getting scared as the stock climbed up into the 900s, but ended up turning out all right. Made a little bit on the first buy and a lot on the second. I'm out of both now.
tsla put and call options are a joke and too expensive. i mean the out of money put prices are so out of range why would anyone buy those puts or calls? they cost like 10% or 5% of the underlying stock and it's out of the money? they expire worthless most of the time. only 'option' players would buy their OTM options. if you are bullish just the stock if you are bearish just short it. and put a stop in all trades cause tsla is rigged and highly manipulatedd stocks
My modesty. Posted on Tuesday at 3:12 pm: 30 minutes later the stock topped and dropped a 100 bucks. No, I didn't buy puts, I sold vertical calls. Why? Because I can be wrong by 2 days and still make money. It is almost impossible to call the exact top of a stock going vertical, but I think my call was pretty damn good.
Funny thread guys. Myself and a few other guys played TSLA heavily to the short side all Monday and Tuesday. I also held puts o/n and into Wed midday. For those saying puts were too expensive, it really didn't matter although the trade would have been much better on Wed/Th. I was buying $650's nearly $300 out for about a buck when it cracked late Tuesday.