Saturday, 21 October 2023

LOL TSLA FKED BIG TIME

 Stoks

  • Closed at 212.75 after hours from last week of 251.
  • Just a small 15.23% drop, nothing too much to worry for TSLA bulls.
  • TBH, earnings was like bad-bad compared to last few Qs, didn't expecting operating margin to fall under 8%.
  • Given the miss in deliveries number, earnings to miss should be kind of priced in but too bad it couldn't even beat estimates by 'analysts'.
  • Sold more cars compared to Q3 last year and yet profits was 37% lower due to factory upgrades and AI stuff as claimed.
  • Market didn't like the news and sold off early on Wed at almost 5% and when earnings came in another 5% although CT was said to deliver in end Nov.
  • However he himself said CT will take time to break even and production efficiency will come in 2025 minimally.
  • Basically he was quite bearish about the economy and this pessimism spooked the stock the next day.
  • Based on 3 days earnings rule, share price should stabilize or just fall slightly more in the following week assuming other big techs don't screw up.
  • Fking hell on the puts, hesitated on the buying and lost the opportunity, wanted to save the 1K ended up with more than 15K URL as of post.
  • Will not touch option via to earnings, cb max.
  • Dk is it a pantang, everytime I tell someone about how much I can earn from options, the next thing is straight losses.
  • Will need to hold my urges to sell options at this period, sold JPM and MSFT, left with 49.7% for CSP.
  • Bought more TSLA and got assigned 1x 215 put this week bringing holdings to 275.00383 @ $222.29



Down-ed approx 17K USD




507995.68 129956.04 221457.76 (1.3690)






Redeemed SG MMF.






Credits to some guy.






Life

  • Received Pirit and the grey pants, amazed at the pilot watch given the price point.
  • Bought 2 tone Sub from Cadisen after listing some on Carou, so far only Godzilla is taken.
  • Lazada really very toxic, saw another self claim CF Sub ND for 60, took the bait and fingers crossed.
  • Right upper eyelid stye on the following mon, first time having time.
  • Next week will be end of Oct, bloody hell so fast...pkl




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