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Show proof of it's impact on transformers or this is fake.
So every Tesla in San Francisco spontaneously lost control!????
Try again.
Suspension Warning Signs
-Continued bouncing after hitting bumps or a dipping when braking.
-A drifting or pulling to one side when turning corners.
-One side of the parked car sitting lower than the other side.
-Difficult steering.
-Unusually bumpy rides.
There's an entire industry built around servicing suspension issues. Tire alignment. Ball joints. Struts. Shocks. A-Arm failure. This is a laughable stretch at best to declare that it's because of a rare phenomenon, especially since EVs can't produce high enough EMF to do anything of the sort. It's a horribly written hit piece.
Dobbs would be out of business if this was what caused suspension issues. It would mean it's not roads that cause suspension issues... :)
But that's too logical.
More science fiction. Weaker materials are being made world wide, and this article blames a phenomenon that isn't possible by simple EMF that vehicles today generate. As previously stated, unless a substation is directly hit by lightning strikes, they're still on and fully operational. These freak occurrences still happen, but are far more likely. Considering that a transformer itself is a vat of mineral oil, encased in metal, strung to a pole and lasts decades while under far more EMF exposure than a EV and they don't randomly burst into flames, auto-igniting their contents everyday... It's more believable that a company produced weak alloy metal and doesn't want to admit that, so blaming a phenomenon that uneducated masses might believe is a far easier route than admitting failure of product inspection from suppliers.
Imagine how much EMF is produced by lightning strikes on a regular basis, and yet our power grids still operate normally everyday. Low frequency interference by gravitational frequency... not possible. So to that effect and on that basis alone. Until we see transformers and substations, that are far more delicate to these interferences, blowing up on a daily basis... I'd consider this myth busted as well.
Myth: Exposure to the electromagnetic fields of the battery in an electric vehicle could cause cancer.
Myth BUSTED: The magnetic fields in electric vehicles pose no danger because their electromagnetic field levels are below the recommended standards.
https://driveelectriccolorado.org/myth-buster-ev-battery-safety/#:~:text=Myth%3A%20Exposure%20to%20the%20electromagnetic,are%20below%20the%20recommended%20standards.
So to that effect, Hollywood EMPs fall in this same category. An emp powerful enough to do anything cannot be generated on our planet. It's just another myth, like with hybrids back in 2010 also claiming to "cause cancer." These myths are seriously dangerous to continue to claim.
For drivers who were not using Autopilot technology, we recorded one crash for every 1.36 million miles driven. By comparison, NHTSA and FHWA data from 2021 shows that in the United States there was an automobile crash approximately every 652,000 miles.
https://www.tesla.com/VehicleSafetyReport#:~:text=using%20Autopilot%20technology.-,For%20drivers%20who%20were%20not%20using%20Autopilot%20technology%2C%20we%20recorded,crash%20approximately%20every%20652%2C000%20miles.
Nonetheless, Tesla Model S is clearly at the forefront of car safety, far exceeding the minimum level that would be necessary for a five-star rating.
2022 Tesla Model S Euro NCAP test results:
Adult Occupant protection - 94 percent
Child Occupant protection - 91 percent
Vulnerable Road Users protection - 85 percent
Safety Assist - 98 percent
https://insideevs.com/news/622091/2022-tesla-models-5star-euro-ncap/#:~:text=Nonetheless%2C%20Tesla%20Model%20S%20is,Child%20Occupant%20protection%20%2D%2091%20percent
More than 46,000 people die in car crashes each year, according to Annual United States Road Crash Statistics (ASIRT). The U.S. traffic fatality rate is 12.4 deaths per 100,000 inhabitants.Oct 10, 2022
https://www.forbes.com/advisor/legal/auto-accident/car-accident-deaths/#:~:text=More%20than%2046%2C000%20people%20die,12.4%20deaths%20per%20100%2C000%20inhabitants.
All in on calls and staking 75% on shares. This fell enough. Margin on shares as well. I've seen enough of the short potential. If it hasn't moved below 190 after being this sideways, I don't feel like it will go further.
Premarket index is full red. Don't tell me it's going to be another sideways day : /
Might liquidate and sit out until the Powell speech.
I did, once it fell and began struggling at the high 191s. I kept some puts, bought some lower, and flipped those into calls. Always following the movement trend.
To simplify that more, my strategy is a few more steps beyond that. Selling only one leg of the straddle when I believe a possible correction will occur, and calling out a new "mark" as the strike that I'll straddle again with the proceeds, while keeping the less valuable leg of the previous straddle. Volatility is my friend. Keeping this constant rythymn moving as the price bounces back and forth is the ultimate goal. And it can be done with only $100 in your profile but is far more risky due to OTM positions.
Yes. I rode puts down to 192 and flipped those proceeds into more calls. But Theta burnt me a bit for the rest of the day. This morning is setting up for a good rally. Premarket on indeces is in our favor
MM's are a major portion of the equity. 50% of the money is right. Apologies. People was a bad term. But 50% of trades are right/wrong.
MM's are still people. They're not a mechanical structure. When GME went out of control wrecking one specific hedge fund manager... that's pretty telling of it.
I'm not all about this social justice bs of being against "the man" so if that's your point, I'm ejecting out of this conversation right now. It's a petty debate.
That is part of their responsibility, yes. Where did I say they don't lend out and short shares when they believe a ticker has went far beyond reasonable measures? They're still selling to buyers and assuming the biggest risk that people will buy more. You've indirectly confirmed exactly what I just said.
This is exactly why ever ticker has a market maker as well. Their primary responsibility is to ensure liquidity. They buy when no one else is buying in a crash and sell when no one else is selling in a rally. They assume the largest risk in the overall market, but stand to gain the most when it corrects. Much like the 08 crash, look up the news reports of market makers committing suicide. If anything I'm stating is false, please do stop me.
What's not true about it? It's the essence of trading. Every sale needs a buyer. Every buyer needs a seller. It's "oversimplification" is dead on the money. There's no other way to explain it because every other explanation is dead wrong. If you have equity in a stock, you retrieved it from someone, or else you wouldn't have it. And until you sell it to someone else... yeah it's pretty well spot on.
Nah. It's the sign of a huge position holder expecting it to never see 190, as they scoop up premiums on options they think will never print. Every trade has a winner and a loser. That's the essence of the market. Half of the people are right. The other half is wrong. Otherwise trading wouldn't take place.
As one of the most heavily shorted stocks in the entire market, thus has GME potential to short squeeze one day. It's just that the Financials aren't there to support it. It would need to really break through resistance points to pull off the meme trend of retail break aways.
For a more beginner friendly ticker to attempt to try this strategy, Carvana is just as volatile with cheaper entry points. I've been dabbling in that one as well lately.
Will reset again if it sees 190 or below.
New mark 192. I jumped out of most of the calls at 195. Looking forward to where it goes from here.
No. I don't. Some brokers may offer it. But I haven't found that yet.
I buy throughout the day. But early morning and premarket is best volatility for someone just starting this strategy. Midday and afternoon are the worst for time decay. Exactly as you said would be best for just starting out at learning it.
You see that's the confusing part. More people are working. Not less. Yes the fed increased by 0.25% but jobs increased by 0.3%. So it's a justified increase. I forsee the market rebounding off of this. I'm going to say that the premarket is suffering paralysis by over-analysis. I look for it all to rebound higher by day's end and into Tuesday.
As always, be rational and reasonable with future prospects. We're looking at potential HOD being 203 and low of 185. Everything in this range is reasonable given the swings we've seen in the past.
We're looking at red index premarket but green tesla premarket. It will be another interesting open, to see if this breaks the overall trend and increases gains in spite of a bearish overall trend. Jobs report should have been a positive impact, but it makes me wonder what else is impacting the larger indexes negatively.
Great. And the strategy is that you only sell the profitable leg. Leave the worthless one and reset 50/50 with the new sale. One thing that burns everyone, always, is market corrections. I take advantage of that exact thing. If you're in doubt, ever, please do ask.
Strong jobs report. Trial ended in their favor too. Only downplay will be if bulls don't react strongly enough to this. Shorts will take advantage of a lack of reaction as a sign to push back and declare the current run we saw as 'factored into the growth already.'
Yep you have the correct idea Dan. One way movement will always burn you. Every time. I threw caution to the wind Monday for the first time in a long time. Tuesday slapped me in the face. Wednesday saved my ass. Then back to the unbeatable strategy. Thursday and Friday were banner days.
https://www.thestreet.com/electric-vehicles/elon-musk-celebrates-court-win-in-funding-secured-suit
It will be a very interesting Monday :)
Sorry you didn't get in on the play, but this is also why I don't do limits. The most volatile ticker with the most volatile vehicle in the market, buying options, limits are difficult to manage.
So I do market orders because I've been bitten too many times to try to manage that.
The rules are as such, sell the trend and stake for correction: 50/50 with existing and new positions added together. Only sell the direction that is profitable. This includes old positions that were used as safety nets from prior trades.
Today: 182.50c and 187.50p
Sold 182.50 c and readjusted with 192.50c 197.50p at 195.
Sold 192.50c at 197.50 range and readjusted with mostly 195c and fewer 200p
Sold all puts at 192.50 and readjusted at 190c and 195p
Did the same at close. Sold 195p and readjusted at 187.50c and a heavier position on 192.50p
I currently sit with 187.50c, 190c, 195c, and a healthy stance on 192.50p that closely matches my value in calls.
Using the idea of establishing a new mark, and keeping the risk management strategy of 50/50, because I want to profit no matter what, and lock in profits as the day continues on, I am not afraid to pull the trigger the second I feel I've gained enough going one direction.
An option's old value and individual worth isn't the goal. The growth as a whole on your positions compensates for the investment. Volatility is the investment. I don't care how the company is doing.
So to summarize, and effectively utilize this strategy, there has to be a next day to trade to allow for corrections. This is why I loath expiration dates. Wednesdays and Thursdays are the scariest for me because if I don't see a correction, half of the plays won't realize a profit. So it goes without saying, be liquid and ready to be happy with gains.
Those are the woes of trading on expiration day, buying OTM, and not sticking to the solid risk management strategy. But Rome wasn't built in a day. You will understand why I am a stickler about those underlying rules I set in place for myself. I've been in your seat before and it hurts. A lot.
Offloaded puts with the new mark at 192.50
190c $9.50
195p $9.60
Heavier on puts to counter the 195c I had from earlier, but this is definitely a banner day.
For anyone following along, this is where it gets interesting, it ran up more. At roughly 197-198, I'll reset calls again, but this time, heavier on new calls. Adding in the current worth of my puts. It can keep running up for all I care, but eventually, it will correct, and the cookie crumb trail of puts will begin to regain worth. Monday open or even this afternoon is when I clean up that messy trail and sell them off.
Awe :) thanks bud. Yep. It could trade flat, up or down, and I wouldn't care now. Next week is set solid for pure profits.
And now is when the 187.5p from earlier stacks along with the new put to realize correction gains :3
Winning.
My new mark is at 194.50
Sold the 182.5c at 16.28
Bought
197.5p at 7.76
192.5c at 7.54
By premarket, I mean dow, nasdaq, and s&p 500. Futures are down.
Premarket is not looking favorable. It will have to beat that trend and normally it doesn't. Expect a dip at open is my best guess. 187 puts and 183 calls for next week on my end.