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.
Best post in a long time. Dead on.
Huge rise in the last month. Everyone is going off the Baird $300 upgrade. I'll just say the rise from about $160 to where it is now was pretty much on little or new true news.