$Tesla (TSLA.US)$ I think I'm going to grab a put option on ...
$Tesla (TSLA.US)$ I think I'm going to grab a put option on Tesla right now I think their reasons are going to be bad
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AlexDee : you don't think tesla will be able to hit the 750 mark once again?
Trader-101 OP AlexDee : it probably will but in the short time with the news they just posted I think it's going to have a negative outlook because their guidance and they have a pending litigation for defects on their vehicle right now it just got in the house as well so I mean it has every reason to go down so I hope so eventually but in the short time frame they give Scott the rating drop to underperform I think it's going to go down
AlexDee : I have 30 shares there I'm like -700, I was banking until yesterday , now I don't know if I should sell and the the L or hold them for months and wait, what do you think?
AlexDee : take the L *
AlexDee : I'm +500 positive now but tesla is freaking killing me
Trader-101 OP AlexDee : me too I'm about two grand down on Tessa but I'm not pulling out it's up to you with your money but I believe test is going to fall they have no reason to rise but the feds did funnel money in at 1:30 20 billion so that could upset the market a little bit
Trader-101 OP AlexDee : please use stop losses take profits man I didn't either I'm down about 2,500 on Tessa right now but I'm holding mine I've got till May 1st on this option I'm holding it and I'm confident it's going to go back to the positive but with that said nobody's right 100% of the time I'm right all lot more than I am wrong that's why I use stop losses cuz it's secours my profit and minimize my losses
AlexDee : I don't have options, i have the share at a market price,, I make my 1%, in and out so I'm stuck with it, so I either sell take the L or hold it and hope I can cut even and try some other time
AlexDee : you know tesla in the past 14 days was hitting the lowest at 730ish and highest at 750ish I was buying at the lowest selling at the highest, it worked for all those days until yesterday the oil news came out and everything went down
Trader-101 OP AlexDee : yeah I understand trust me but he has every reason to go poop and eat that level and he started out today beneath that level so with that said I believe it's going to give up every bit of those games today and probably even go into the red
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