So sellers will not be allowed to cover at their stop-losses as it gaps.
No "pun" intended.
Everyone is buying calls right now & EVERYONE will be buying shares today after they are done buying all the calls they can.
We're talking several billion dollars worth of both calls & commons.
you mean you are out only $4000.00
the stock rallied to $270 and change right after you sold short..
No chance. You simply don't know investing and don't know how stocks trade.
Tesla $330.00 by Friday.
Those will expire worthless. This is the bad news. (I'm an options trader so I know).
Do you want the good news? Okay.
The good news is that you're only going to lose $6250.00 VS losing $80,000.00 on Friday(when the stock will be at $330.00) had you sold 1000 shares short.
So you'll be "outperforming" short sellers by close to 1000 percent, even with the loss of $6250.00
Nice try though.
Expect a few "up-grades" to follow in the next day or two.
Going to the beach... (my trading programs have all been set).
BTW, I loaded - up on AAPL (at the bottom), yesterday as I saw new 52-week highs coming there again too...
Fun stuff for a BIG Ambarella rally into new all time highs.
you're not my type.
but i'll buy some amba from you if you're a seller.
thanks ahead of time.
going to starbucks next to read my magazine.
will be offline with zero electronics.
my orders to buy are automatically executed by my software programs. they buy and sell as the price rises higher & higher all the way to beyond new highs. i have my last sell programmed for $143.33
I forgot to say... PLUS!
NEW HIGHS EASILY FOR APPLE.
I've NEVER seen a stock this oversold in my 20+ years of trading.
It's like every fund liquidated their positions only to buy back cheaper so new highs could be made.
Big swing lower will equal bigger swings higher so the price target had to be revised. That low today was just an MM covering at the expense of retail sellers, and stop-outs (a few longs that were stopped out of their shares).
I'm having fun and making money.
I'm trading AMBA long all the way up.
Buy the dips so you can sell the rips. But don't "sell the rips" if you are a retail money maker 'cause badly burned is what you'll get.
Did my research on AMBA so I'm a believer now.
Made a fortune selling short the first time it went back below $100 after a run way above $110.
Now I'm buying the dips and selling. I'm also selling tons of puts.
Did you buy my puts? They'll go to zero even before they expire.
I just loaded-up the truck to the maximum capacity with short-sold long shares.
But I trade for a living, and make lots of money doing so, so maybe you should rethink that logic, huh? So funny.
You'll LOVE my next post in here.
Are you crying now jes? You poor cry-baby.
Don't worry 'cause you'll cover TESLA at over $300.00 this week.