yes on TSLA, this morning I bought some Jan puts, I would much
rather add them after a better low and a much larger 4th wave
bounce is put in, and I plan to do that but bought some this
morning anyway (not big size) so far obviously working out
as we've been saying, don't worry the hangman will come for TSLA
too, in bear markets they eventually get everything
Posted by DigiNomad on 29th of Sep 2022 at 01:38 pm
TSLA - I'm still bitter the board caved and decided to add this
name to the S&P 500. If they want to avoid these boom bust
market cycles they should have a valuation cap for entry.
E.g. companies with PE multiples over 50 or a negative PE need not
apply. They can have their own indexes. S&P 500 could and
should be the place to run and hide in large, reasonably priced
names. But they went and screwed that up and now every mom and pop
with a 401K / IRA is wondering why their savings is cratering when
they are simply in funds that are supposed to provide relatively
safe "US Large Cap exposure."
TSLA looks like it's about
Posted by DigiNomad on 29th of Sep 2022 at 01:02 pm
TSLA looks like it's about to fall off a cliff
I'm not mad at that...
Posted by timebandit on 29th of Sep 2022 at 01:11 pm
I'm not mad at that... (AAPL low of day, too)
yes on TSLA, this morning
Posted by matt on 29th of Sep 2022 at 01:46 pm
yes on TSLA, this morning I bought some Jan puts, I would much rather add them after a better low and a much larger 4th wave bounce is put in, and I plan to do that but bought some this morning anyway (not big size) so far obviously working out
as we've been saying, don't worry the hangman will come for TSLA too, in bear markets they eventually get everything
What striking price and if
Posted by auni on 29th of Sep 2022 at 02:22 pm
What striking price and if you might, would you talk about the reasoning for how far inside or outside the money you bought them?
Can't wait !
Posted by fredsaid on 29th of Sep 2022 at 01:06 pm
Can't wait !
TSLA - I'm still bitter
Posted by DigiNomad on 29th of Sep 2022 at 01:38 pm
TSLA - I'm still bitter the board caved and decided to add this name to the S&P 500. If they want to avoid these boom bust market cycles they should have a valuation cap for entry. E.g. companies with PE multiples over 50 or a negative PE need not apply. They can have their own indexes. S&P 500 could and should be the place to run and hide in large, reasonably priced names. But they went and screwed that up and now every mom and pop with a 401K / IRA is wondering why their savings is cratering when they are simply in funds that are supposed to provide relatively safe "US Large Cap exposure."
TSLA is hardly the only
Posted by mastermind on 29th of Sep 2022 at 02:09 pm
TSLA is hardly the only thing pulling the S&P 500 down. In fact I'm pretty sure it's been a net positive since it was added.
don't worry, eventually it will
Posted by matt on 29th of Sep 2022 at 02:10 pm
don't worry, eventually it will get to visit the back of the woodshed