Thursday, March 31, 2022 4:05:19 PM
TSLA - Sometimes in a fit of insanity I sell TSLA calls. Last year I sold 2 January 2022 $1700 calls for $110.00. They expired worthless for a $22,000 gain.
Yesterday I sold 1 January 2023 $1650 call for $98. I put a $130 stop loss on it. So, TSLA has to trade above $1748 by next January expiration for me to lose money. Or if I get stopped out, I will re-assess if it gets close.
So what is TSLA's market cap at $1748? $1.8 trillion.
AMZN current market cap is $1.66 T
GOOGL at $1.84T
I have a hard time seeing TSLA having a higher market cap than AMZN, and just a little under GOOGL's.
Yesterday I sold 1 January 2023 $1650 call for $98. I put a $130 stop loss on it. So, TSLA has to trade above $1748 by next January expiration for me to lose money. Or if I get stopped out, I will re-assess if it gets close.
So what is TSLA's market cap at $1748? $1.8 trillion.
AMZN current market cap is $1.66 T
GOOGL at $1.84T
I have a hard time seeing TSLA having a higher market cap than AMZN, and just a little under GOOGL's.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
