Re MLoT
<<Mother Lode of TSLA>>
Trust your experience has been pleasant so far, even if there might have been some anxious moments.
After a few trading sessions of scientific observation, back-testing, and theorising, I think but as yet am unsure, that the start-of-day pre-market-open TSLA ultra-ramp can be safely shorted (safer than playing the casinos), as if one is prepared to do hand-to-hand, and the incursion closed out before market close at very handsome as well as heroic but risk-calculated profit.
Am looking at the pile of issued naked calls, and am puzzled why the faith is so strong, that there are folks thinking 1,200, 1,220, 1,500, 1,880 strikes are worth anything at all. Expanded positions against those strong points of faith to test the faith.
Also, precaution, migrated the naked call 20th March 750 trikes to 27th March 800 strikes, buying back 1 for every 2 new issuances so as to be cash positive :0) and to out-stick the counter-parties.
Am noting that at some juncture TSLA shall make monthly / quarterly announcements, and there can be any number of items that might boost perceptions of value, up and down, and
the beast continues to burn cash.
Cannot charge the beast as a weak one, for bio-agent enhanced share market re-rating so far hasn't really dented its allure.
Good. Heaven sent. Nice cloud-ATM.
As and when and if the virus gets more seriously underway and gains traction, there should be a moment clear and direct short attack can be launched amidst the ensuing confusion.
Perhaps CDC and the FED and the contending presidential candidate camps shall give us the thumbs-up.
In the short run, let's get ready to watch the Olympics, by 2016, 2012, and 2008 videos. |
