Tesla stock dip📉!Keep an eye👀 on this ETF as an alternative to put options 📈
Before we get started, just wanted to remind you to smash that like button and leave a comment below to let me know what you think! 👍💬
Tesla has been kinda taking a beating lately. Like, seriously, it's been the bottom of the barrel among the Magnificent Seven since the start of 2024. Down a whopping 30% this year alone! Talk about a momentum shift, right? And guess what? The whole story's totally flipped. Disappointing earnings? Check. A bunch of ratings downgrades? You got it. And now, people aren't just blaming the economy for the slump. Nope, they're pointing fingers at Tesla itself. Weak margins, lack of cool stuff compared to the competition.📉📉📉
Now, if you want to put Tesla, besides buying put options, what other choices do you have?🤔 Another option is to invest in a TSLS. The TSLS ETF, short for " $Direxion Daily TSLA Bear 1X Shares (TSLS.US)$ ," aims to track negative performance in Tesla's stock price. It typically achieves this through futures, derivatives, or other short-selling strategies. This type of ETF may include stocks of Tesla's competitors or related industry companies to amplify the bearish effect on Tesla.🙌😎😍
Here is a quick gudie to the indicator that I use in the pic A Must-Have Technical Indicator! MACD + KDJ=MJ(Unlock Your Trading Potential)📈
Ever wondered about the best ways to bet against Tesla? 📉 Let's compare two popular options: put options and bear ETFs.🌟😊
First up, put options! These little gems give you the right to sell Tesla shares at a set price, meaning you can make money when the stock price goes down. Plus, they're like the fast food of trading – quick and easy to gobble up.
Now, let's talk about bear ETFs, like our friend $Direxion Daily TSLA Bear 1X Shares (TSLS.US)$. These bad boys are like having a whole squad of bears on your side, ready to pounce on Tesla's stock price. They're great for lazy investors😎😎😎 (no judgment here!) who want to sit back and let the ETF do the heavy lifting.
Peace out, y'all!
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Thanks for reading! If you read all the way till here, it would be nice if you smashed that "Like" button! 👍
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Thanks for reading! If you read all the way till here, it would be nice if you smashed that "Like" button! 👍
Disclaimer: This article is for informational purposes only and is not intended to provide any investment advice or recommendation. Remember, investing comes with risks, so be cautious when entering the market. 💸📉💰💼🤑 $Tesla (TSLA.US)$ $Direxion Daily TSLA Bear 1X Shares (TSLS.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Felix py : do you guys think it will hit 150?
somebodylegend : all analysts downgrading this pos...
somebodylegend Felix py : red blood bath tomorrow
bullrider_21 Felix py : Yes. Below that.
Bigmoney Dreamer : This heading below death cross to find long term bottom support you never know recover or not ,Traded few years ago , I am watching this recently after this broke $400 anyway