to PCLN incessant rise to stratosphere. A 50 point rise today upon last week' sharp spike surely means people have lots of money to travel, terrorism is over and Europe is now free from attack. I feel this Brexit Dow spike will be quite short lived.
is there a top here?...is the question for AMZN today.
It may have peaked. The puts right now are not losing any value, meaning that the market is pricing in. Let's see.
This is the PCLN of about 5 years ago (take a look at that chart). Keeps rising, for years at a time. Very frustrating for those of us viewing it as dangerously overpriced.
With TSLA, you must swing both sides of the trade with options and in a week's time, this moves 20 + - points and you can make money. Not necessarily easy, but cannot trust the stock direction.
Frankly, impossible to know how to trade this right now.