Did I recently post a short idea on Tesla?
Yes, yes I did.
Did I publish the short idea as a Piggish Play?
No, but I did post a Piggish Play longing Tesla a few months back.
Conclusion: I practice Piggishness, which means I can objectively avoid loss due to ego. In this case, I can objectively say that Tesla is not a good stock to short at the moment.
Eh, probably not a great stock to short ever. Lesson learned.
So, I have painted a roadmap that should take you to EV heaven - more or less.
I believe 989 target is the most likely top, however, I can see an alternate route to a much higher top as well if EV hysteria continues into December. In that case, we would not be in an ending 5, but rather, an extension of Wave 3.
Given how bullish the tape has been, it would not shock me if we saw 1000+ before 2021.
However, I will acknowledge heaven at 989 and will be taking profits there without any complaint or FOMO.
- Heavenly Pig
TSLA
SPX
NDX
Yes, yes I did.
Did I publish the short idea as a Piggish Play?
No, but I did post a Piggish Play longing Tesla a few months back.
Conclusion: I practice Piggishness, which means I can objectively avoid loss due to ego. In this case, I can objectively say that Tesla is not a good stock to short at the moment.
Eh, probably not a great stock to short ever. Lesson learned.
So, I have painted a roadmap that should take you to EV heaven - more or less.
I believe 989 target is the most likely top, however, I can see an alternate route to a much higher top as well if EV hysteria continues into December. In that case, we would not be in an ending 5, but rather, an extension of Wave 3.
Given how bullish the tape has been, it would not shock me if we saw 1000+ before 2021.
However, I will acknowledge heaven at 989 and will be taking profits there without any complaint or FOMO.
- Heavenly Pig
TSLA
SPX
NDX
Trade active:
Two things I would not do today:
1) Sell TSLA below 615 today, and,
2) Think that its a good/clever/sure thing to short TSLA today
Patient bulls will be rewarded. If everyone is expecting 600 or lower, expect otherwise.
1) Sell TSLA below 615 today, and,
2) Think that its a good/clever/sure thing to short TSLA today
Patient bulls will be rewarded. If everyone is expecting 600 or lower, expect otherwise.
Comment:
Oh yeah, buy gold stuff today. Same concept as Tesla.
Trade active:
Held. Market Makers - 1, PermaPig - 0.
Trade active:
Glad i held.
Now im adding more.
Now im adding more.
Comment:
Trade active:
Hold the door!
Comment:
Now squeeze, please.
Comment:
May close this if the futures market tanks tonight.
It looks bullish atm, but i can easily see it puking 1000 pts before the open as well.
If it does, please exit the new chinese tesla EV.
It looks bullish atm, but i can easily see it puking 1000 pts before the open as well.
If it does, please exit the new chinese tesla EV.
Trade closed manually:
Given current instability in equities, I'm going to likely close this out soon. the 989 heaven target is likely not getting touched on this latest cycle, especially not if the nasdaq reaches ATH --> reverses sharply mid-week.
Thus, I'll be exiting my teshla calls either today or tomorrow depending on how the tape rolls. I got two PTs:
1) 615
2) 653
Since my strikes are at 630, im better off taking into initial momentum touch of 615. If you have strikes above 630 for this week, would reccomend doing the same.
Best of luck.
Thus, I'll be exiting my teshla calls either today or tomorrow depending on how the tape rolls. I got two PTs:
1) 615
2) 653
Since my strikes are at 630, im better off taking into initial momentum touch of 615. If you have strikes above 630 for this week, would reccomend doing the same.
Best of luck.
Trade active:
Im back in with many OTM calls for tomorrow.
No chance im missing the most absurd short squeeze in history.
No chance im missing the most absurd short squeeze in history.
Trade active:
Have a slight hunch that this is about to go much, much higher today.
Not selling position entered yesterday until 670.. at least.
Not selling position entered yesterday until 670.. at least.
Comment:
Keep in mind that it is equally as possible that the market collapses by EOD...
Dont go unhedged here
Dont go unhedged here
Comment:
Could be the rest of the shelf right now. Looking for a reversal in next 20 - else it might bust.
Will comment again if/when i exit.
Will comment again if/when i exit.
Trade closed: stop reached:
Out, the market is looking dumpy.
Trade active:
Took a look at my book this morning and realized that I dont have a single bullish equity position to offset my absurd collection of various ind. eq./index puts.
Thus, I will open a long call pos in TSLA on Monday into its ER, since it always has the chance of moving higher on a market red day. Also, would like to make at least hundred dollars of profit over the course of this entire move, since the projection above might just warrant it.
Of course, i'll get whip-slapped the second I enter, but then my puts should be gaining value. Whatever, im long again, just keeping y'all informed.
Thus, I will open a long call pos in TSLA on Monday into its ER, since it always has the chance of moving higher on a market red day. Also, would like to make at least hundred dollars of profit over the course of this entire move, since the projection above might just warrant it.
Of course, i'll get whip-slapped the second I enter, but then my puts should be gaining value. Whatever, im long again, just keeping y'all informed.
