Expecting the following:
- drop tomorrow to high 170s
- dead cat bounce to low 180s going into earnings
- drop to low 160s after earnings (obvi gap down)
-continuation to mid 140s by end of April
After that there should be some accumulation, and in the right environment it will setup to make a 100 point upside move from 140s to 240s this summer.
But for now there is money to be made by legging into near term puts.
- drop tomorrow to high 170s
- dead cat bounce to low 180s going into earnings
- drop to low 160s after earnings (obvi gap down)
-continuation to mid 140s by end of April
After that there should be some accumulation, and in the right environment it will setup to make a 100 point upside move from 140s to 240s this summer.
But for now there is money to be made by legging into near term puts.
Comment:
Lowest I see TSLA going is 127, but expecting it to find support around 146
Comment:
Playing out exactly as planned so far. Adding 4/28 175 puts here
Comment:
P.S. We Hate The Stock.
Comment:
161 Target reached. It will keep sinking with market over the next week. Next target is 146
Comment:
Rejection at 170 here will send it to 146. Re-entering June 23 160 puts. Sell zone is from 170-176. Looking beautifully ugly af.
Comment:
Posted updated idea "Not out of the water yet - not even close"
Updated target is 127 in the coming weeks. Still very bearish.
Updated target is 127 in the coming weeks. Still very bearish.
Comment:
posted new updated idea, still bearish
