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Sanrith Descartes

Sanrith Descartes

Von Clippowicz
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107,662
All that support within about a 2% range

1682537476967.png
 
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Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,569
107,662
Jysin said:
Tesla becoming a race to the bottom for price. They are trying to go for market share at the low end of market and basically given up the "luxury" segment. Q1 model S and X sales were half of production numbers, so sitting on an oversupply. Price cuts on the M3 / MY to gain market share is all well and good, but it comes at the cost of margins. To me, Tesla seems to be going after market share over profits. But if history shows anything, a race to the bottom in prices is never a great thing.

Higher end, you have MB, BMW, Audi all making far better quality cars. VW in Europe just undercut Tesla for the cheapest on the market. Bit of an identity crisis, I think.

So, do you believe in the hype of future robotaxi nonsense? That's the big growth case. We are also (likely) headed into recession. Again, what time horizons are you looking at?

Given the data, shorter term, I believe they are quite overvalued. This is why its been heavily under pressure since earnings. From a technical perspective, we are entering a big gap window closing under ~154.75 and the other side of the gap below is 146.50. If we get there relatively quickly, I'd be a buyer on the bottom end of the gap for a quick oversold bounce. I certainly am not an investor at these levels.

My 2c
Click to expand...
If we see another run down sub $120 I am a buyer of all the shares I sold for profit back above $200
 
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Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,569
107,662
Sanrith Descartes said:
Wrote the $403 put on the down leg.
Click to expand...
Maybe today is the day I take the shares. 25 minutes to go and things are looking tight.

edit: hey Blazin Blazin how does assignment work with mid-week expiry? I have only ever dealt with Friday expiry.

That volume...

1682538286329.png


edit 2: Doesn't matter. I live to 0DTE another day...

1682539021373.png
 
Last edited:
Jysin

Jysin

Ahn'Qiraj Raider
6,286
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META crushed it.

META Reports Q1 $2.20 v $1.96e, Rev $28.7B v $27.5Be
- Guides Q2 Rev $29.5-32.0B v $29.2Be
 
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Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,569
107,662
Trimmed a little bit of my MSFT at $301.25 as it had gotten a tad too overweight. Sold the shares I bought at $138.
 
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