Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (160175)	7/15/2020 3:15:20 PM
From: TobagoJack	Read Replies (1) \| Respond to of 220208

Re <<TSLA>> In for a penny in for a pound, stuffed the market-maker w/ a few more calls. Doubled down, but at strikes 3,000 and 3,500, going kaboom on 24th and 31st July. The situation is hilarious. Would be funnier if I use the premium to buy nearer the money calls, which is funnier than if I buy puts using same premium. Should TSLA gets to 3,500 in 16 days, I deserve what’s coming. I do not understand why the market-maker even bother, but am guessing there is genuine demand for TSLA options. At this rate the gold hoarding can get rather larger than now in a hurry. We are going quantum and leaving Newtonian. Nutz. 2020 has been and remains unforgettable.

To: carranza2 who wrote (160175)	7/16/2020 1:06:41 AM
From: TobagoJack	Respond to of 220208

A good sign ... that the fever is strong, very strong, and the heat should remain tappable for awhile Thus facilitating a paced approach Need to buy call options closer to the money and w/ shorter time to expirations to the shorted calls, i think, but need to dwell more. bloomberg.com Carson Block Warns Tesla Short Sellers: ‘I Wouldn’t Do That’ Michael Patterson July 16, 2020, 5:44 AM GMT+2 Carson Block Photographer: Victor J. Blue/Bloomberg Carson Block and Elon Musk can agree on at least one thing: betting against Tesla Inc.’s stock is a bad idea. Block, the longtime Musk critic and short-selling founder of Muddy Waters Capital LLC, said on Wednesday that he doesn’t have any bearish wagers against Tesla even though he thinks the business is unsustainable. “I’m not short the stock, thank God,” Block said in an interview with Bloomberg’s Tracy Alloway and Joe Weisenthal on the Odd Lots podcast. “We used to joke that Tesla, when it files for bankruptcy, will probably have a $30 billion market cap. Short it at your own risk. I wouldn’t do that.” Tesla’s more than 300% surge since mid-March has captivated bulls while baffling skeptics who say the electric vehicle maker is grossly overpriced. Even as individual investors buy at a frenzied pace, the value of wagers against the stock has swelled to nearly $20 billion. It now trades at 182 times estimated 12-month earnings, versus 10 times for General Motors Co. Block said at one point he had a Tesla position that involved buying the company’s convertible bonds and using the coupon payments to fund long-dated put options on the stock, but he eventually sold the debt and let the puts expire. “It’s one thing to bet on Elon Musk, but it’s another thing to bet against him,” Block said. “The guy specializes in pulling rabbits out of the hat.” Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad

To: carranza2 who wrote (160175)	7/16/2020 12:46:38 PM
From: TobagoJack	Read Replies (1) \| Respond to of 220208

Rechecked waypoints and recalibrated alignment w/r to TSLA. Am alert that earnings report shall happen 21st night, and wish to recognize the easy profit that happened between yesterday and today, and moved the heavy artillery in the away direction (increased strikes. With weighted average of the expiration term kept constant, +/-) to be safer and still barraging. Shall close-in once non-earnings clearer. I basically set waypoints and calibrate alignment to bag a particular number every week. I do the deeds on iPad after I play chess w/ the Jack and before pre dinner drinks. Difficult to conclude that TSLA will sustainably decline as between the RobinHooders and enthusiastic analysts who can know what might happen, as both groups are just throwing numbers around. Recognised profit on the BBL puts, and closed some DRD puts. zerohedge.com Tesla's Share Of The Global Auto Market Is 0.8% But Its Market Cap Is 3x The Entire S&P Autos SectorWe have said much about the staggering surge in Tesla stock (in no small part thanks to generous "gamma gamblers" who keep buying massively OTM money call options expiring in a few days), and here, courtesy of Deutsche Bank's Jim Reid, is some more since one can never have enough Tesla. As the credit strategist notes, Tesla is up +330% since March 18th, and over +760% since June 2019 when it was troubled by bankruptcy concerns. Just 2 weeks ago it surpassed Toyota to become the world’s largest automaker. As the chart shows, Tesla’s market cap ($287bn) has grown to over a third of the combined market cap of the US, EU and Japanese auto indices. Since March, Tesla has added just over 8 Ford Motor Companies, 27 Renaults, or more than the entire market cap of Toyota. In fact, Tesla is over 3 times the size of the “S&P 500 Automobiles and Parts” sector, even though it’s not a member or in the S&P 500 (it would be the 15th largest). According to our US Autos Analyst Emmanuel Rosner, Tesla’s overall share of the global autos market has grown from 0.1% in 2017 to an expected 0.8% in 2020, but remains minuscule. For context VW is at c.14%. However Tesla’s market share growth in its areas of focus has been particularly impressive, displacing many incumbents. There are a few reasons for the stunning price action. Electric vehicles are seen as the future, ESG investing is growing, and Tesla is a darling of the Robinhood investment community. We see earnings next week. For a flash survey: Do you think Tesla is overvalued or not? You can also pick don’t know. Click on the hyperlinks to vote. Answers ahead of earnings. Sent from my iPad