Hello Haim, Re << TJ still playing TSLA? >>
Yes, I did this yesterday 5 minutes and one second before the market-close Message 32887296 , perhaps not astute but arguably agile, and thanks to C2’s reminder at 9 minutes & 2 seconds Message 32887283 and in any case am up 37% (can close the trade at 15.05 ask) over less than 24 hours, mathematically better than the cited article’s headline, “30% in 4 days”
I believe we are in an unusual period of market behavior where many if not most can ‘make money’ irrespective of what they do as long as they do it w/ agility. Common sensical prudence can be helpful, Macro conviction could be fatal. When the market breaks, it shall hurt, in the meantime TSLA energy must be tapped.
At any given time we ought to be able to answer the simplest question, that which is not “is TSLA going to be higher or lower between now and __________ (year end, end-2021, etc), because the answer is ‘yes’
The simplest is “will TSLA rise between now and expiration” in so few days, the answer happens to be also yes, as the market is biased to be up, and we know options generally expire worthless, so we given expression to what we think we know, short options, wagering it shall go up, but not hold until expiration unless we are far from the out-of-the-money
I fundamentally believe the market shall crash, but not before it crashes, and safe to play over short periods.
I was wrong earlier in the original post << can close the trade at 15.05 ask >>, for can close the trade at 14.28, so did, to claim my daily bet win, 40% seems adequate. In “FortNight” the kids would be yelping “head-shot!” Or some variation. Same idea, different game. Is this investing? No, it is not. Is this a game? Yes, believe so.
The gaming is close to stupidity, but calculated stupidity, and close to many games, checkers for example, poker close, chess not quite, and far away from Go. When end? Dunno. Guessing 2026. Hoping 2032. Always games, but different games.
At this moment, in the time of this post, am out of TSLA.
 |
