But again... if this company goes BANKrupt, it won't hit $100 before November 16th) <I wouldn't imagine> 93.10% chance I'm right.... : ) HAHA
NICE GAIN!! Almost 1R : )
So, from here, I will sell more if TSLA drops harder below $250
I have lots of various priced Put Sells at least $100 below the current stock price and am biased heavily but have been doing these Put Sells for almost 9 months now, and enjoying the supposedly bearishness in the stock that comes down to $240-$280 regularly and then climbs up to $300 to $350, and then back down again. Look at the Horizontal Channels.
I am going to buy the LEAP Call also on this when the IV settles down a bit, with 1-2 LEAPS since they are DAMN EXPENSIVE. Someday when everyone is making these kinds of cars, these guys will be battery suppliers and become like Exide or Everready or whoever for a worldwide supply, and they of course have a constant run of the most critical element (Lithium) that is already in short supply. So, this would be like someone new trying to become Intel cause LiOn is a great idea, but it will be prohibitive compared to what TSLA will already have.
Just my bull-bear view, and am very biased in this writing. Do you own thinking.