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Old 09-07-2018, 11:35 AM   #1
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Anyone here shorting TESLA stock?

Looks like a shitshow right now
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Old 09-07-2018, 12:33 PM   #2
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as a general rule when everyone is leaning one way the ones making the most money realize it and make more going in the opposite direction.
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Old 09-07-2018, 12:51 PM   #3
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that's fucked up dude
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Old 09-07-2018, 02:01 PM   #4
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The people that short these stocks are not helping anyone ... or the planet.
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Old 09-07-2018, 02:01 PM   #5
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I don't think so. The new 3 outsold every car. I think some will dump but nothing that will make a short sell worth it.
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Old 09-07-2018, 02:39 PM   #6
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All indicators show that it is oversold. Sell puts or buy stock here.
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Old 09-07-2018, 02:48 PM   #7
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as a general rule when everyone is leaning one way the ones making the most money realize it and make more going in the opposite direction.
The trick is figuring out the coldest part of the falling hot knife to grab...
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Old 09-07-2018, 04:32 PM   #8
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The trick is figuring out the coldest part of the falling hot knife to grab...
A put spread is a great limited risk play at this location. Prior support level, high volatility, oversold conditions.
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Old 09-07-2018, 04:39 PM   #9
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The current IV Rank of TSLA is 94.8. You can sell the Oct 19 240/235 put spread for $1.40 credit. Giving you a max profit of $140 and max loss of $360. The probability you can close this trade at 50% profit is 72%.
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