Starting Tier 1 short here with Dec. 185 puts. Will start selling common if price goes to $200-$220 range. Expect the trade to be of intermediate nature. Markets are pulling back too.
Just like any other MoMo stock (AMZN,NFLX, Old AAPL) technicals have not caught up with fundamental yet. I would highly recommend reading Damadoran's fundamental analysis (free on his blog) on TSLA
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DbSG
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covered almost all of my puts today (bought when the stock was close to $185-$186).
Letting a small size run for maybe more follow through tomorrow.
Could you please post the link to the Damadoran's fundamental analysis on TSLA? This is really interesting. TSLA looks really overestimated considering the market cap.
Letting a small size run for maybe more follow through tomorrow.