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-   -   Anyone here shorting TESLA stock? (https://gfy.com/showthread.php?t=1303304)

$5 submissions 09-07-2018 11:35 AM

Anyone here shorting TESLA stock?
 
Looks like a shitshow right now

PR_Glen 09-07-2018 12:33 PM

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.

marlboroack 09-07-2018 12:51 PM

that's fucked up dude

NakedWomenTime 09-07-2018 02:01 PM

The people that short these stocks are not helping anyone ... or the planet.

chaze 09-07-2018 02:01 PM

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.

GFED 09-07-2018 02:39 PM

All indicators show that it is oversold. Sell puts or buy stock here.

$5 submissions 09-07-2018 02:48 PM

Quote:

Originally Posted by PR_Glen (Post 22332069)
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...

GFED 09-07-2018 04:32 PM

Quote:

Originally Posted by $5 submissions (Post 22332115)
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.

GFED 09-07-2018 04:39 PM

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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