Thursday, 27 October 2022

TSLA went under 200

Stocks
  • After saying a double bottom was about to be formed, share price went as low as 198.59 on Mon, obviously such prices cfm have to buy.
  • Managed to scale in 812 shares at approx $203 per share, holding 2823 as of 27/10. 
  • Price drop was probably due to EM selling to fund twitter's acquisition but turns out no form 4s were filed even after 2 days.
  • Selling puts on AMZN, $106 and $100 exp this coming fri.
  • Will continue to do so till assigned as form of diversification, reason being highest volatility among top few market caps.
  • CGS has gone full TSLAQ, ultimate bearish with TSLA and no reason to justify change of fundamentals claim. Vague reason due to inflation, bad macro and mid term fake rallies.
  • Will be looking to buy in should prices go below $200 or else I'm comfortable with the current amount. Sticking to plans and not timing.







  • Twtr overhang has been lifted as of Thurs, market direction will depend on both AAPL and AMZN earnings after hours.














Life
  • Going for free checkup tmr at workplace, most probably climbing for a while after that...pkl

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