Start entering short position -nearTerm
Expecting the following:
- drop tomorrow to high 170s
- dead cat bounce to low 180s going into earnings
- drop to low 160s after earnings (obvi gap down)
-continuation to mid 140s by end of April
After that there should be some accumulation, and in the right environment it will setup to make a 100 point upside move from 140s to 240s this summer.
But for now there is money to be made by legging into near term puts.
- drop tomorrow to high 170s
- dead cat bounce to low 180s going into earnings
- drop to low 160s after earnings (obvi gap down)
-continuation to mid 140s by end of April
After that there should be some accumulation, and in the right environment it will setup to make a 100 point upside move from 140s to 240s this summer.
But for now there is money to be made by legging into near term puts.
Note
Lowest I see TSLA going is 127, but expecting it to find support around 146Note
Playing out exactly as planned so far. Adding 4/28 175 puts hereNote
P.S. We Hate The Stock.Note
161 Target reached. It will keep sinking with market over the next week. Next target is 146Note
Rejection at 170 here will send it to 146. Re-entering June 23 160 puts. Sell zone is from 170-176. Looking beautifully ugly af.Note
Posted updated idea "Not out of the water yet - not even close"Updated target is 127 in the coming weeks. Still very bearish.
Note
posted new updated idea, still bearish
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.