Re <<TSLA>> anything ...
I have notional 1.55X of my NAV wager on TSLA not able to do much about its forward prospects and therefore valuation expiration end-March 19 2021. I enjoy leverage when of high conviction.
I have notional 2.78% of NAV bet on TSLA can puff-up its price in the next 1-2 weeks, in time to do its valuation some temporary good before same end-March 19th 2021, albeit half of the bet expires end-October 2020.
Last night went perfectly, for the market punished me with an imaginary lessening of profit on MtM basis, and rewarded a gain to me on the long calls enough for a lot of more useful purposes than whatever Tesla is doing.
I am guessing and hoping that TSLA shall continue to rise in the short term, allowing me to short still more (red) so as to secure gains for 2021, even as it rewards me w/ long gains (green) to power the now, for win-win outcome.
Should I close all TSLA positions today, I crystalize gains enabling increase of gold hoard by ~10%, but if let the positions run, potentially much more, say ~22%, which would be nice as mineralisation of 2020.
Thanks and shout-outs to fiat money inflation, Elon, Portnoy, Capital Hill, the FED, and of course the Potus. However I note a crime is in progress and well advanced.
Am of the belief that there are many Tesla-esque companies out there sporting the come-hither invitation to short in target-rich environment, albeit great caution called for, in terms of approach, scale, and calibration of both.
I would be happy should the good times continue to run, am okay when it stops, but know that the economic fundamentals are going from bad to worse, cracked, and cracking, and bad to very bad for the next generation.
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