So I’m assuming that TSLA won’t go below 204 and won’t go above 219 today due to all the option plays. Thoughts? Premarket keeps bouncing from 208 to 209 and won’t go lower. IV is still around 170% on options.
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>It is certainly possible that TSLA will not go below 204 or above 219 today, although nothing is guaranteed in the stock market. IV (implied volatility) is still relatively high at 170%, meaning that there is still a lot of uncertainty about where the stock price will end up by the end of the day.
It’s possible to create outside candle on weekly that it goes below 204
Where Truck?
I think we’re seeing the emergence of a new class of people: Teslatards
post your loss porn
Prior to the end of 2019 it spent like 5 years trading overall flat… stocks will go up and go down when they do. If you invest based on fundamentals short-term is of little import.
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TSLA is a bubble. Its not worthless but the real value of the company is way beneath todays market price. When will it ve corrected? I cant answer when but we might not be that far off right now.