You sold & lost big.
They closed at just .84 cents on Tuesday.
WHAT A DEAL!
Those 22,000 $95 call contracts sold today will expire totally worthless.
As a matter of fact, I see all of Fridays calls above $90 going to zero before they expire.
World economic pressures are to blame.
People & Industries are raising cash like never before.
In investment terms we call this the "Distribution Stage".
This is when people are converting equities into cash money.
Tuesdays false recovery was only because the greenback had a big slide.
That 1000 point slide in Japan on Tuesday will still cause major fall-out before weeks end..
My posts are my opinions and do not reflect the opinions.
but why are you losing all of your money?
and how come it's in my trading account now SHILL?
& why have I been right, and you wrong?
But Amazon trades way down.
I told you this would be happening but few ever learn.
Psychology is the reason why you can feel so good about your very heavy losses.
You'll soon be learning some more very good lessons.
Been investing since the 1990's and after so long a time you learn how to read the markets & trends.
Learn something this time, would you?
A pro sees the rally to $191 as a signal to sell calls.
Retailers, like yourself, buy the calls thinking we're going higher.
Guess who wins every time?
$177.88 before weeks end for TSLA.
It's nice that TSLA just traded at $190.73 again.
Now I'm absolutely certain that we'll still be seeing below $179 here this week.
No buyers left to buy now.
The drop will be VERY rapid...My expectation just lowered to $177.88 for Friday (tomorrow).
Just a few shorts covering right now. After that?, Tesla scales-down and falls into the high $170's
Easily closes at or near the low of the session today.
Need I really say it again?
TOLD YOU SO!
Did you learn something good?
They are still only $3 now and look good for another 100%+ rise within the next 24 hour period.
1. Don't allow yourselves to get "caught-up" into the hype surrounding a stock.
2. When everyone else is buying expect a top and start selling.
3. Never "average-down" because no one has ever averaged down out of a losing position. You just lose more & more money.
You are also 100% crazy.
PBR will NEVER be bankrupt.
It will do EXACTLY what I have posted it will do.
Remember, oil will bottom at around $22 this spring but since PBR went down much too far & disproportional to oils drop, we will still be at around the high $2's or low $3's even with oil at $22.
Watch & learn!