Saysumthinfunnymike
VOTE!!!
I want to go back to something I said before. Shorting Tesla is a fukking cheat code on red days these past few weeks. I've done a lot with Tesla, unfortunately I am not a long term holder because I missed out on the first dip when it went to $360 or whatever it was.
But what I have been able to do is make money off the stock by shorting on red days and also earning plays. The stock is so volatile... it's insane.
Forget the earnings play for a second, let's just look at the red days. Whenever Tesla is down like 2.5-4% or more I'm looking to pick up some shares because whether it's the following day or two days later the shyt will bounce back like round ball.
Usually in the morning. You cop some in the late afternoon and then it gets bought up overnight and then you sell off anywhere between 9:30-10am
That's when it's at it's highest unless some big news comes out during the day. So you're looking at easily $40-$50/share swings..
If you cop like 5-6 shares and then unload them you're looking at an easy $200-$300 for doing NOTHING...
But what I have been able to do is make money off the stock by shorting on red days and also earning plays. The stock is so volatile... it's insane.
Forget the earnings play for a second, let's just look at the red days. Whenever Tesla is down like 2.5-4% or more I'm looking to pick up some shares because whether it's the following day or two days later the shyt will bounce back like round ball.
Usually in the morning. You cop some in the late afternoon and then it gets bought up overnight and then you sell off anywhere between 9:30-10am
That's when it's at it's highest unless some big news comes out during the day. So you're looking at easily $40-$50/share swings..
If you cop like 5-6 shares and then unload them you're looking at an easy $200-$300 for doing NOTHING...