Aug 21 2020, 06:42 PM
QUOTE(ChAOoz @ Aug 21 2020, 06:24 PM)
To be honest, look at the nominal value of Apple market cap growth daily, then you will know Tesla is where it is due to changing of market factors and investor valuation. I guess this is the new normal of an ultra low yield environment.
If you consider those factor in mind and compare it to holding a 30 years treasuries. The whole Tesla valuation in might seemed very justifiable. There is just not much options left in the market at this point.
But don't you want to lock in some profit ? Or you feel it can go even higher ?
I will be out of it by 2,100If you consider those factor in mind and compare it to holding a 30 years treasuries. The whole Tesla valuation in might seemed very justifiable. There is just not much options left in the market at this point.
But don't you want to lock in some profit ? Or you feel it can go even higher ?
The trading is far from normal and I would like to sleep at night.
Pre-market today with 50k volume and the stock is up 1.5% while the 3,500 call expiring next week is worth $0.6 and has the highest open interest all the way down to 2k.
There are other options that doesn't trade as crazy like Nvidia or Service Now to name a few which I will add more any day if it pullbacks.
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