Replies to post #33650 on OPTIONS TRADERS CO-OP

[smartone]

OUT SPY 249.50 Put @38

+ 05


ok thought there might have been technical reason for you to exit ..

I think recent analyst downgrades have been the catalyst for the swoon in TSLA
especially after the surge in stock price the past month

The question for TSLA now isn't competition which is about 5 years behind tesla
They can sell 500K tomorrow but they haven't figured out how to make the cars!!
this is the problem for tesla
if Tesla can rap up production targets

Tesla's own initial projections of 100 vehicles by August, 1,500 in September and 20,000 in December