TSLA Jan 2020 520.000 put

OPR - OPR Delayed Price. Currency in USD
9.87
-0.71 (-6.71%)
At close: 3:59PM EST
Stock chart is not supported by your current browser
Previous Close10.58
Open13.18
Bid9.35
Ask10.40
Strike520.00
Expire Date2020-01-17
Day's Range7.50 - 13.18
Contract RangeN/A
Volume2,266
Open Interest2.31k
  • Jack Dorsey asks Elon Musk how to improve Twitter
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  • Tesla moves a step closer to opening first European factory with German property deal
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    Tesla moves a step closer to opening first European factory with German property deal

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  • Tesla Hits All-Time High Before Being Downgraded: Where to Now?
    TipRanks

    Tesla Hits All-Time High Before Being Downgraded: Where to Now?

    What is the most shorted stock on Wall Street, you ask? Just beating out Apple for the top spot, it is Elon Musk’s Tesla (TSLA). $14.5 billion have been borrowed by investors in order to bet against the electric car manufacturer, apparently.The news is not very surprising as Tesla is one of the most polarizing companies out there. Hardly ever out of the headlines, most Wall Street observers have an opinion on what the future holds for the automobile industry disruptor.Earlier this week, Tesla notched an all-time high, closing Tuesday’s session at $537.92. The figure rounds out an extraordinary six months that has seen Tesla leave behind 2019’s initial troubles and virtually double its share price since the start of October. So, where is Tesla headed? This week, analysts have been throwing the hat in, offering takes on the electric vehicle company from all possible angles, with the most recent rating being a downgrade. In this article, we’ll take a look at three different ratings from the analysts.The SellRunning with the bears is Morgan Stanley’s Adam Jonas. Today, the 4-star analyst downgraded his rating on TSLA from Hold to Underweight, although he did raise his price target from $250 to $360. The new target implies downside of 29%. (To watch Jonas’ track record, click here)While acknowledging Tesla’s delivery beats and the progress of the company’s massive production facilities in China, Jonas believes Tesla’s recent surge is unsustainable. Jonas said, “Near-term momentum and sentiment around the stock is admittedly very strong, but we ultimately question the sustainability of the momentum… We believe the current share price discounts a fully ramped up China, Berlin and Model Y."The HoldSitting in the middle seat of the Tesla debate is Deutsche Bank’s Emmanuel Rosner. Rosner highlights Tesla’s recent 4Q19 vehicle delivery figures which beat consensus expectations across the board; In the fourth quarter, Tesla delivered 112,000 units, exceeding the Street’s estimate of 106,000 and totaling 367,000 for the whole year. The number is within the boundary of the company’s yearly guidance, which called for between 360,000 – 400,000 units. It also provides a 50% increase over 2018 figures.Rosner said, “We believe this new solid quarter of deliveries could further put to rest investor concerns around softening demand for Tesla’s product. While bears will likely argue 4Q deliveries benefited from strong purchases ahead of tax credits expiring in various countries, Tesla is just about to start deliveries of locally made Model 3s in the very large China market, at an attractive price point.”Bearing this in mind, Rosner kept his Hold rating on Tesla as is but bumped his price target up to $455 from the previous target of $290. The target, though, still implies downside of 11% over the next year. (To watch Rosner’s track record, click here)The Buy After Tesla’s stock hit a high point, is it time to sell? Not according to Jefferies’ Philippe Houchois, who believes Tesla is likely to start turning a profit this year and, therefore, selling at the present valuation will be a mistake. Houchois argues that present consensus estimates are “reasonable and conservative”, with Tesla standing to gain not only from car sales but also from products such as power storage and third-party battery sales. The company’s upcoming Q4 report in which it will lay out its financial plans for more factories and other capital-heavy costs will be “critical”, adds the analyst.So, what does it mean? It means Houchois kept his Buy rating but increased his price target to $600. The new target implies upside of 18%. (To watch Houchois’ track record, click here)The View from the StreetWhat does the rest of the Street make of Tesla’s prospects, then? 7 Buys, 7 Holds and 12 Sell ratings coalesce into a Hold consensus rating. The bears currently have the momentum, though, as the average price target comes in at $364.69 and indicates potential downside of 29%. (See Tesla price targets and analyst ratings on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

  • 'You're stealing our water': Germans protest against Tesla gigafactory
    Reuters

    'You're stealing our water': Germans protest against Tesla gigafactory

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    Tesla Shares Have Been on an Incredible Run. But That’s No Reason to Feel You’ve Missed the Bus.

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  • 3 Large Caps to Short
    InvestorPlace

    3 Large Caps to Short

    Many bullish investors might be saying to themselves, "so far, so good" for the month of January. Still, to ensure this isn't as good as it gets for your portfolio, let's dive into three large caps worth betting against in 2020.It has been a great start to the year. And it goes without saying most of us hope the party will motor on. The broad-based, large cap S&P 500 index is up about 3% in January and continues to hit record highs with more than two trading weeks left in the month. Who wouldn't want that type of performance after 2019's amazing 29% gain and one layered on top of this past decade's record breaking bull market?Only a bear I suppose.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIncreasingly though, it looks like Goldilocks is at the doorstep. Aside from the amazing price feats in large caps -- the latest being Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) admittance into the $1 trillion club -- there are problems. There's a complacent market resting on historically rich multiples to be worried about. Investors might also be concerned about an overly accommodating Federal Reserve or a seemingly endless string of strong economic data. And that's not all. * 7 Earnings Reports to Watch Next Week Now and with this week's euphoric pricing of negotiated trade deals, investors have every right to be even more fearful. And one way to make sure today's market isn't as good as it gets for you is to have these three large cap stocks positioned as bearish allies in your portfolio. Large Caps to Short: Tesla (TSLA) Source: Charts by TradingViewMany bears have been on the wrong side of the street in Tesla (NASDAQ:TSLA). In fact, TSLA stock is officially the U.S. market's most heavily shorted equity with $14.5 billion in bets against shares. Right now, however, there is more to betting against TSLA stock without miserly joining the ranks of punished bears.Technically and as the weekly chart details, Tesla is in a strongly overbought position evidenced by its stochastics and price in relation to its upper Bollinger Band. Throw in a slightly extended 100% Fibonacci-based two-step pattern (AB = CD) completing in a large shooting star candlestick and TSLA looks ready for a bearish test drive.TSLA Stock Bear Strategy: I wouldn't recommend shorting Tesla. I'd advise gaining short delta exposure using a limited and reduced risk bear put spread. One on my radar is a well-positioned March $480 / $465 put spread. Apple (AAPL) Source: Charts by TradingViewAfter 2019's dazzling 89% gain in Apple (NASDAQ:AAPL), the AAPL stock chart indicates that it's well-positioned for a short.Technically, January's follow-through momentum has pushed Apple shares into a test of four well-extended layers of Fibonacci-based resistance. The tight completion area is comprised of three two-step patterns dating as far back as the 2009 financial crisis bottom and a 100% extension out of AAPL stock's 2018 - 2019 corrective base.AAPL Stock Bear Strategy: For this large cap stock I'd suggest waiting for a reversal candlestick to form on the weekly time frame before shorting shares. A stop-loss above the pattern high makes sense to minimize losses if shares buck the odds and continue to display over-the-top investor confidence. * The 10 Best Value Stocks to Own in 2020 On the downside, $250 - $265 is where taking initial profits looks promising. This area holds AAPL stock's 38% retracement level from last year's corrective low and prior trend-line resistance, which should act as support. Walmart (WMT) Source: Charts by TradingViewWalmart (NYSE:WMT) is the last of our large caps to short. The world's largest bricks and mortar retailer has shown itself to be an adaptive and resilient company in today's e-commerce market. But WMT stock's ability to rise to the occasion against the likes of Amazon (NASDAQ:AMZN) appears to be priced in at this point in time.Technically, shares of Walmart have moved into layers of Fibonacci-based resistance. The price action isn't unlike that of TSLA stock or AAPL stock. And similar to the former, WMT stock even sports a monthly chart shooting star. But in this large-cap stock, the bearish November price pattern has been confirmed out-the-gate in 2020.WMT Stock Bear Strategy: With the topping pattern backed by an overbought and ill-positioned stochastics crossover, there's no time like the present to short WMT stock. Set a stop-loss above $125 to minimize potential damage off and on the WMT price chart. If shares begin to correct, taking initial profits near the pleasing to the eye $100 level and four-year uptrend support looks about right.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any of the securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post 3 Large Caps to Short appeared first on InvestorPlace.

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  • Should Insider Buying Tempt You Into These 7 Stocks?
    InvestorPlace

    Should Insider Buying Tempt You Into These 7 Stocks?

    When insiders sell a stock, investors do not always get a clear signal on what that means. Automatic selling could send false bearish signals that are not there. Conversely, insiders buying shares suggests that the executive group is bullish on the company's near-term prospects. Chances are low that insiders would buy shares if they did not believe that markets undervalued the company.Investors may search out large-capitalization companies that had insiders buying shares in recent months. There are four technology companies, two consumer discretionary firms and one health company that have reported notable insider buying activities. Even more compelling with these seven companies is that they may suit investors looking for a good deal. Their share prices either fell hard recently or their stocks are already trading at favorably low valuations.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel (INTC)Source: JHVEPhoto / Shutterstock.com Despite trading close to 52-week highs, insider buying of Intel stock suggests James Goetz is confident in the chip giant's future. Technology fans are certain that Advanced Micro Devices (NASDAQ:AMD) will take its notebook, PC and server market share through Ryzen 4000, Ryzen and EPYC chips, respectively. But value investors unwilling to overpay for AMD stock may hold Intel (NASDAQ:INTC) instead.The dividend yield of 2.1%, price-to-earnings ratio below 14 times and its ambitions beyond PC chips are just a few reasons to hold the stock.At the Mobileye Media & Customer Conference, Intel highlighted the growth of Mobileye chip shipments, which topped 17.4 million in 2019. This is up from 12.4 million in 2018. With 33 design wins and 16 product launches in 2019, Intel's Mobileye offers tremendous growth ahead. For example, its chips supply front camera functions for driver assistance in automobiles. Its conditional autonomy features include driver monitoring and surround vision.In 2022, the unit expects to have "mobility as a service" ready. One day, Mobileye will have full autonomy solutions for the auto market.Tesla (NASDAQ:TSLA) popularized the idea of self-driving electric vehicles, but Intel has tremendous revenue growth opportunities as it sells more autonomous driving chip solutions on the market. * 7 Small-Cap Stocks That Are Not Worth a Second Glance Per simplywall.st, the stock is historically inexpensive and also offers a healthy dividend yield. Its price-earnings to growth ratio is one risk to watch out for. At 6.4 times, the value relative to future growth is poor. In that same vein, analysts are neutral on the upside for INTC stock, with an average price target of $58. Alternatively, a 5-year discounted cash flow model that assumes revenue growing 5% annually implies a fair value of near $61. Uber (UBER)Source: BigTunaOnline / Shutterstock.com Director Ronald Sugar's buying of 35,000 Uber (NYSE:UBER) shares at $27.20 late last year proved timely. The stock rallied since then, and might break out after its earnings report on Feb. 6. Despite the stock showing strong performance, Uber has some major near-term challenges to overcome.The company dropped upfront pricing for most Californian riders. By showing customers only estimated prices, removing rewards for frequent users and allowing drivers to turn down requests, Uber wants to get around what's being dubbed as the "gig-worker law." California's Assembly Bill 5 seeks to classify workers as employees. This gives them more labor rights but increases Uber's costs.To shift from ride-hailing toward technology, Uber added Korean automotive giant Hyundai (OTCMKTS:HYMTF) as its newest partner on electric air taxi development. Hyundai thinks it will have an urban air mobility service in 2028. But Uber investors are not looking at an air taxi as a source of revenue growth. Still, it does show that Uber is getting ahead of the technology curve and is seeking growth from innovation.Uber will continue investing in its marketplace to drive top-line and margin growth. It will invest more in its premium products, offering more options for customers. And it will have the financial discipline to minimize operating cost growth.Looking ahead to its earnings call on Feb. 6, Uber will give investors its full-year 2020 guidance. Expect strong ride usage driving revenue and plans for operating expenses falling throughout this year. Investors may prefer to play it safe by forecasting revenue falling to 25% annually. In this 5-year DCF model, Uber stock may have a downside risk of 26%. Salesforce (CRM)Source: Bjorn Bakstad / Shutterstock.com Director Susan Wojcicki's purchase of 1,100 shares of Salesforce (NYSE:CRM) stock at about $175 on Jan. 7 proved timely. The stock reached new highs last week and shows no sign of falling off.A few analyst upgrades create a strong uptrend in CRM stock at the beginning of this year. RBC and Jefferies posted positive reports on the company. Last month, Cowen called the stock the best idea of 2020.On Dec. 3, Salesforce reported revenue growing a solid 33% to $4.5 billion. Earnings per share of 75 cents were ahead of consensus estimates. The cloud software firm has strong momentum and the business is getting stronger. The revenue growth should impress even the most bearish investor. The company is delivering on good experiences and is exceeding expectations. This is attracting more companies from all over the world.Salesforce has a simple approach: It centers its solution on the customer. So, they see the company as its trusted advisor. * 9 Up-and-Coming Small-Cap Stocks to Watch The company cited many big companies as customers, including Boeing (NYSE:BA), Siemens, CarMax (NYSE:KMX) and Corteva (NYSE:CTVA). So, by creating a 360-degree view of its customers, Salesforce is helping offer a better customer experience. Since no other software company offers this level of customer management, Salesforce has a strong moat. Fastly (FSLY)Source: Blackboard / Shutterstock Last summer, an insider buying shares of Fastly (NYSE:FSLY) may have proven to be too early. The stock is stuck in a trading range, but its fundamentals are getting better.Fastly posted third-quarter revenue growing $49.8 million, up 35% year-over-year. It lost 9 cents a share on a GAAP basis. In Q4, it still expects a loss between 10 cents and 13 cents. And for the full-year 2019, it expects revenue as high as $198 million.Fastly is cutting costs and seeking operating leverage opportunities to reach a path of profitability. Its network attracts developers who continue to use more of its platform and tools. So long as more developers join the service and use its newer tools, Fastly's revenue growth could accelerate. Last quarter, it added a developer library. So, by including ready-to-deploy code and solution patterns, users may work more effectively and save on development time.New product launches, such as Compute@Edge, a partnership with HashiCorp and tools for big data analysis, may bring on more developers in the months to come. Raised full-year revenue expectations suggest that the company is already noticing strong demand for its new products.Fastly does not get much investor coverage and has only one analyst setting a $24 price target. Investors may assume revenue growing as low as 8% in a 10-year DCF revenue exit model. In this forecast, the stock is worth around $21. General Electric (GE)Source: testing / Shutterstock.com General Electric (NYSE:GE) CEO Larry Culp bought over 300,000 more GE shares in August 2019, at a price just over $9 a share. The stock traded recently at 52-week highs, meaning that buy appreciated well for Culp.Known for its ties to inventor Thomas Edison, GE was formed from two companies merging in 1892. Aviation, healthcare and power made up its core businesses back in 2018. Today, it is shifting its focus out of healthcare and into power regeneration.That move will pay off. Looking ahead, General Electric set a priority to turn around its hydro and grid business. On its conference call, Culp said:"At Renewable Energy, we're well positioned to capitalize on the energy transition. Orders and revenues were up double digits again, as we delivered approximately 1,400 turbines and repower kits in the quarter. We're seeing strength in international orders and order pricing continues to improve."General Electric posted renewable energy orders growing 30% to $5 billion. Its overall backlog of $27 billion is up 19% year-over-year.GE knows it cannot ignore the renewables energy business because of the addressable market size. The International Energy Agency said that offshore wind energy is a $1 trillion market by 2040. General Electric itself must deliver on better profitability as its business grows. * 4 Energy Stocks to Power the New Year The company is not yet there. Margins fell roughly 2% in renewables in the last quarter. As its cost reduction programs progress and onshore volumes grow, GE's profitability will improve. Cigna (CI)Source: Piotr Swat / Shutterstock.com While it wasn't as immediate, a December insider buy of Cigna (NYSE:CI) stock by Eric Foss paid off. Foss bought 10,200 shares of Cigna at about $195 a share on Dec. 3. Those shares topped over $210 in early January.So, is it too late for you to join in?When it next reports results on Feb. 6, the company will likely announce another strong quarter. In the third quarter, it posted earnings growing 14% to $1.4 billion, or $3.57 a share. Revenue more than doubled to $38.6 billion. The company issued a non-GAAP EPS forecast of $16.80-$17.00 for FY 2019. For 2020, it expects retention of a healthy 97%.Cigna announced the sale of its Group Life and Disability Insurance unit in December. This allows it to raise its share buyback program by a lofty $4 billion. And since the unit sale will bring in $6.3 billion, Cigna may use some of those funds to reduce its debt.In addition to disciplined balance sheet management, Cigna is integrating its Express Scripts unit well. It already expects top-line growth of 8%-10%. Thanks to international growth, enterprise growth will be 6% to 8%. Strong pharmacy solutions outside of the U.S. are driving positive results. And as Cigna adds artificial intelligence predictive indicators and predictive modeling against its benefits business, the company will squeeze out more profits. Conagra Brands (CAG)Source: Jonathan Weiss / Shutterstock.com Conagra Brands (NYSE:CAG) stock spiked to the $35 level after the processed and packaged goods supplier reported strong quarterly results. Even though an insider bought the stock at higher prices, valuations are compelling at 19.9 times earnings. On Jan. 2, Craig Omtvedt bought 40,000 shares at a price of $33.99 for a cost of about $1.4 million.The company posted its key initiatives that were all on track. Frozen and snacks, plus Hunt's Tomato and Chef Boyardee all showed strength. And even though the debt-to-equity of 1.4 times is unfavorable, the company continues to pay down debt. As year-to-date margins rose 21 basis points to 16.5%, integration and synergies will drive costs lower.In the Q3 period, Conagra found $42 million in savings, and now forecasts $305 million in upside synergies. This is up from a prior $285 million estimate.Conagra forecasts that in fiscal 2020 its product launch cycle will lead to improving results in the second half of the year. Although CAG stock initially soared on this news, the markets adjusted after processing the forecast timeline.Analysts have a modest upside price target on Conagra stock. Based on 11 analyst reports, the average price target is $34.73, which implies about 5% of upside from its current share price. Conversely, a cautious investor may model a 5-year DCF revenue exit model. Assuming revenue stalls in that time frame, the stock is trading at a fair value of around $33.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post Should Insider Buying Tempt You Into These 7 Stocks? appeared first on InvestorPlace.

  • ETF Trends

    Love The Lithium Lifestyle With This ETF

    Due in part to the recent rally by Tesla (TSLA), the Global X Lithium & Battery Tech ETF (NYSEArca: LIT ) is getting a boost. Up almost 9% over the past week, LIT is proving to be one of the best-performing thematic funds this year. LIT tracks the Solactive Global Lithium Index.