I wouldn't say Disney is a hobby. Out daughter loves it so it's more to make her happy. The safari ride at Animal Kingdom is probably her favorite thing on earth.
Personally Id rather be after Q1 report date, at the very least after the quarter closes and they release sales figures. Q1 seasonally is their weakest quarter, couple that with reduced tax credits in certain countries, and factory shut downs getting the Model Y up to speed and the corona virus theres a decent chance for a dip.
Option to buy 100 shares per contract on February first at $1,000 costs $330. It cost $5 on Friday if you can buy 100 shares at $1,000 and the stock is trading for $1,100 on 2/14 you pocket the $100 difference per 100 shares
It went from $5 to $330 over the weekend? I mean I know the stock is up today but the cost of that contract seems to be a bit out of proportion?
well it has to be over 1000 on 2/14 or you lost all your money. the stock was at like 650 on friday, so it would need to go up 350 points in two weeks
Right, but you can sell it now for $330 right? I don't get the jump from $5 to $330 bc of a 15% increase. It needs another 35% increase in 11 days to hit $1k. Can I bet that it won't be at $1k on 2/14?
you can't. the most you can do is buy a $1,160 put at $425.05, so the cost there is $42,005 for the right to sell 100 shares on 2/14 at $1,160
this has been the tsla stock thread for a while. if you want to jerk off over your $75,000 electric corolla go to reddit
So $42k to sell at $1160? So it would have to be $735 to break even? $1160 - $425 = $735? Am I doing that right?
That's no bueno. What about the $330 contracts today to sell at $1000 on 2/14? What happens if the stock is $750 on 2/14? That's where I'm getting lost.
Whoa hold up. So they'd have to be $1330 to break even? Sell at $1k + the $330 you paid for the contract? Am I doing that right?
That seems like an insane buy to me. Banking on a 35% growth in 2 weeks after 35% grown in the last 5 days seems ambitious.
True. But who the fuck is paying $330 today? Or $400 tomorrow? 35% increase in 11 days to break even is insane to me.
I guess I just don't get it. Risk reward just isn't there. You need 35% growth in 11 days just to break even, much less actually make anything off the investment. Oh well, gives me something to follow for the next 11 days.
The Tesla options are probably the most expensive in the market because nothing this stock does makes sense it’s up 110 points today and like 9 months ago it was trading for 180 total
I mean lol https://www.marketwatch.com/story/teslas-biggest-bull-stampedes-to-a-7000-price-target-2020-02-03 But anyone who thought that was a bold call hasn’t seen anything yet. On Saturday, ARK published an update to its Tesla TSLA, +15.19% valuation model, saying it now expects the stock to be worth $7,000 by 2024 — and that’s the base case. In a bull case, Tesla shares would trade at, or above, $15,000. The bear case puts the stock at $1,500, or about 2.5 times current trading levels.
around 1PM i bought 3 2/14 calls with a $900 strike price for 10.60. they're at 14 now. and 2 2/21 calls with an $800 strike price for $35.26. theyr'e at 45 now
Yea 15k for Tesla is the 1m for a Bitcoin. Both are laughable and not going to happen. Not saying Tesla will crater like Bitcoin did (although it's back to 50% of all time highs) but assuming another 35% growth in the next 11 days seems insane to me. Guess we'll see.
tesla ending today at 780 after closing friday at 660 is absolutely fucking absurd. hopefully it does the same tomorrow