Short

Tesla

Updated

Deep state after Musk. Unethical shorting, however looking at value pre "self driving cars", "robots", "value of cars only goes up", "spacex=tsla" I think you can ethically short the company without bringing in politics. Share price is 50% off high, and further off 1/2 of that high, and looks to be in a downtrend that is almost 50% off that high. Without selling shares to the open market the endless expansion needed to grow the EV business will be dependent on profits. It is like a huge house of cards is about to collapse and Musk is running around alone trying to keep it together. Doesn't look good. Thinking of adding puts 6 months out.

Trade active

Closed puts, entered calls to come back into range, will close 163-170, enter puts in same range.

Note

Closed Calls, traded 165 High puts for daytrade down to 159, done trading until consolidate at prices near higher trend line 160-165, then reenter puts

Note

reenter puts avg 170

Arete-HI

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