$Tesla (TSLA.US)$ There are a few lessons you'll learn the h...
$Tesla(TSLA.US$ There are a few lessons you'll learn the hard way on this market. The nice green pump yesterday could be interpreted two ways:
(i) it allowed big money to exit on a somewhat high note (makes little sense to stay bullish, when there's the possibility of another 0.75% hike next month).
(ii) Shake retail put option holders out of their positions, while simultaneously luring in bulls.
I believe it is both. I'm predicting a price in the neighborhood of $450 by next Friday (based on big money options flow data). If I am wrong I'll readily own up to it. Good luck!
(i) it allowed big money to exit on a somewhat high note (makes little sense to stay bullish, when there's the possibility of another 0.75% hike next month).
(ii) Shake retail put option holders out of their positions, while simultaneously luring in bulls.
I believe it is both. I'm predicting a price in the neighborhood of $450 by next Friday (based on big money options flow data). If I am wrong I'll readily own up to it. Good luck!
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B3llo : How to see the total options in play arh?
TeslaSmurf : We will probably have three rallies and two more legs down before a real positive signal. I would expect the rallies to reach the 800 range, while the legs down should stay in the 600. Possibly the last leg will go lower, to the mid/ high 500 and then spring up to a new ATH, maybe by the end of the year (6 months later if the FED cannot control the inflation with “acceptable” hike rates). Let’s see, but with no fear as in volatility there is a lot of potential gain too. You don’t need to dump TSLA which will reveal to be one of the best stocks to hold in this market: you trade it and you short the VIX index (VIXY etf for example) and stay away from risky options, unless you are a skilled trader. Don’t invest all your cash and use the margin only for day trade and, eventually, to buy the deepest dip.
) to get more TSLA. 
Of course, I’m recommending all this to myself, to be sure not to step out of the path (plan) in this dangerous market.
If, as you say, it should go down to the 450 range in the very next weeks, I will be selling even my shitted underpants (figurative language, I’m a writer
B3llo TeslaSmurf: End of the month recession ler, happy bagholding TSLA, BABA bagholder here btw
TeslaconomicsOP TeslaSmurf:
TeslaconomicsOP B3llo:
