Originally Posted by MDawg View Post
Axel: just one word. Well, actually, three. Show me the CTRs! Or is it four?


dannyj: Yes! and that's why, as we discussed previously, long term seems to always beat out short term (eventually anyway). My target on my long term TSLA shares is mid 1000s. We got so close! and then all this happened....

Honestly though when it gets to 1000, probably I will raise the GTC to 1200, and so on. lol

But, getting back to short term: trading extra shares as long as you book a profit doesn't hurt, right?


Hmm...covered calls...can you imagine the disaster if I had sold a covered call on TSLA? Gapped up in the AH, assume it'll gap up in the pre- tomorrow, sold out instantly at the bell for a song. And that's real world versus theory.
MDawg, while I question your gambling stories, I will say you are spot on when it comes to stocks and cover calls. I agree with everything you’ve said. I’ve gone down the cover call road a couple times after reading a couple investment books, and regretted it. Yes, you’ll get it right sometimes, but most the time you lose the good ones that run. I’ve lost out on a lot of potential money with the stupid cover call strategy. The stocks that don’t move, the premiums are so low it’s not worth it. I thought your analogy of a bowl of porridge for a King’s ransom or something like that was a good one.

Now to my question, what makes you like Tesla so much? You really think it’s going to 1000? I know it spiked up today, but long term I’ve always believed it would fall. It’s way over valued by an metric, except if you view it as a high tech. The competition will catch up. I mean all they make is fancy battery cars. What makes you think it’ll keep going up? Don’t you see it as risky?