If you are bullish, sell puts. Then you can buy shares at lower prices, if it gets there. Otherwise, you cash in on them. You are trying to profit from "rocketing up". that rarely happens. You may need level 3 or 4 or whatever your account allows for selling puts. And for safety, you can always trade verticles. (ie. sell 240 put, buy 235 put). If it crashes, not that bad a result. Some trade butterflies around the range. Generally a weak payout but consistent. Try to make a $1 gain on any options trade. Don't try to blow it out with a $10 winner each time.
You buying calls? Who's the dummy. Sell premium. This is an overvalued stock. Sell 270s rather than buy. You will recoup the cash when it expires. I sold 290s and 310s couple days ago. Sold Puts at 230 also.
Buying options is not really that lucrative. That's why the pros (and I am not any sort of pro) sell them.
Where? Production would include electric motorcycles and scooters to get that number. Surely not EVs. Sales in the US EV plug in cars are trending to end the year about 40% higher in 2014 over 2013.
You do know that the Model X reservation list which is for "next year" shows a North America to China ratio of 7:1 - seven pre-orders in the US + Canada to one in China + Hong Kong.
Since they already called 141-143M shares outstanding to end Q3 you could be right. Morgan Stanley and the Jonas Brotherhood to underwrite?
If that is based on the production numbers, could be anywhere, scattered among loaners, in transit, in HK and China customs and The Netherlands factory for finishing. Look for some sort of visible uptick, maybe, in the August numbers. If not seen there, then there are more questions to ask. Apparently too the factory came online slowly, as predicted by many, and is ramping up now. I just want to see Vin # assignments tomorrow, none were posted today of people getting them this week. I believe today's trading chart is indicative of seeing Friday's 13-F of BNP Paribas selling out as well as discussions of the expected float change in shares due in Q3. Could some of the bonds be going through conversion now? More shares to purchase small companies? Who knows.
Ayn Rand wrote a book called "The virtue of selfishness". People basically act in their own interest. To feel right, they do what they feel is right. Some act in irrational was feeling it is the correct way. Some act in what many would say is a desire for moral good despite the community they are in. Wall Street investment banking simply wants to make as much money from uninformed investors as possible. Sometimes they go on CNBC to stir the pot. Biggest casino in the world.
I just watched a classic movie last night - "Mr. Smith goes to Washington". Everyone should watch that.
They put up people who take both sides - but who may not trade in a stock. They need to present both sides to help keep the market volatility higher than if there were not competition between sentiments. Greenburg will feed the desires of people wanting to short and that helps drive up the price during short squeezes. They need the market to whipsaw so those who make the markets can push it up higher and drive it down lower than if it was the good old 1980s with very low volume. It takes marketing (CNBC) to get the marks (retail investors) to drive the volatility that the big boys (IB) need to make real money.
Also, falling prices mean refiners are doing well. PSX is a holding I have and you can check the chart. Invest in what people are buying on a mass scale. Use the gains to buy your own solar PV system, EV or whatever.
Yes, you are right.
Q2 10-Q says:
"Common stock; $0.001 par value; 2,000,000,000 shares authorized as of June 30, 2014 and December 31, 2013, respectively; 124,588,213 and 123,090,990 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively"
They can issue more shares but who is buying them at this level? Now, could they be buying a Lithium Mine company, a battery label sticker company, another small supplier or whatever - they could issue shares to do so. SCTY issued shares to buy their solar cell company so they can now start to build their solar cell plant in Buffalo, NY.
Wow - so could this mean they expect 10-15 share dilution in Q3? Amazing that IB is still pushing up the pps. I'm sure that announcing the financial action in the next six weeks will be done with enough fanfare as to not signal much selling. But once it hits 140M shares at 260, you have $36.4 Billion in market cap. That is a valuation of more than $1,040,000 per car sold this year if they actually do sell 35,000. Vaulted heights!
That's the problem. We are "taught" by news and our tv shows that people are psychos. In fact, most people are kind and generous people. The fear instilled in us is meant for us to consume more. Individual cars, insurance, defense products, hunkering down, "I got mine jack" type of attitudes abound. If we lived like Europe, we would definitely find more join in car-pooling, meeting new people and sharing lives. But this is America - home of the "Army of one" and individualism.
Anyone see the delta changes in Q2 13-F statements? Fidelity also dropped a sizeable portion. MS and GS seemed to pump into the end of Q2. Let's see how they look after Q3. I doubt BNP is buying at these levels and that means lower volume drift through August into Sept waiting for reality to be seen behind the guidance.
As demand for a product falls, the price should fall. Economic balance between gasoline demand and those converting to EVs, EREVs and 40+ mpg cars, and driving less due to the overall economic conditions or job-loss, should keep gasoline prices nearly flat for some time.
One thing Americans would do more of if gas was really a problem. They would car-pool. But they don't. The hardship of gasoline prices is hardly an issue, even for lower-income people (ie. lower middle-class). Who car-pools? Migrant workers who are here from Mexico. They car-pool because some are paid in cash and send money home to family. But even minimum wage Americans wouldn't be caught "dead" carpooling with someone else. Oh, such an inconvenience in the "it is all about me" world we live in. How many parents drive their children to school rather than have them take the bus that already serves them? Possibly as many as 1 million car trips per school day occur in the USA due to this. We have a neighbor who drove his daughter to school from K to 12 daily - 16 miles each way. My kids went to the same school and took the bus. They did it because she didn't like getting up early in the morning. That is the mindset.