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re: TSLA at $161, anybody biting?

Posted on 12/27/22 at 7:02 pm to
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1051 posts
Posted on 12/27/22 at 7:02 pm to
quote:

Gonna load the boat so hard in the $50-80 range imho. I think it'll get there by March.


If you are confident it’s going to $70 a share, why not short it now and make money down and up?
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 12/27/22 at 7:47 pm to
Not shorting it at these levels, I don’t like shorting individual stocks. It’ll bounce back 15% in one day soon but will probably still grind down over the next few months to $50-80.
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7552 posts
Posted on 12/28/22 at 7:20 am to
quote:

quote:Gonna load the boat so hard in the $50-80 range imho. I think it'll get there by March.

If you are confident it’s going to $70 a share, why not short it now and make money down and up?


I keep looking at some LEAP Puts. But , every time I dipped my toe into that market, I get creamed.
Posted by Diseasefreeforall
Member since Oct 2012
5618 posts
Posted on 12/28/22 at 9:33 am to
quote:

If you are confident it’s going to $70 a share, why not short it now and make money down and up?


Or sell puts if you've got the cash to back it up. Jan 2025 $70 strike puts are going for $15 a contract.
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