Tesla Inc (TSLA)

[kamdesigns84]

I suspect the Street is acutely aware of this type of new found ignorance and liquidity from Robinhood traders which are piling money into anything they read news about. (in this case arbitrary upgrades from analysts on Tesla) Meanwhile market makers are using the momentum to average up the stock price which is very apparent by the linear trading motion on the up swings. Tesla insiders have been selling like a going out of business sale since $1400. Institutions held 80% of the stock last quarter. The daily volume suggests the stock is turning over more than just the float. I think it’s a perfect entrapment game between analysts, institutions, and markets makers that are rather quickly dumping all of their shares to these idiotic kids that don’t know any better. I’ve been burned on Tesla on the way up but as you stated, my mouth is watering just looking at the puts. Bought some $1550 December puts yesterday and have no fear of buying more today. This stock as well as the rest of the overbought tech going to have an epic plunge once institutions are done selling into the hype and all that’s left holding are impatient children.