Replies to post #77386 on Traders Cooperative

[Wishthiswasmyjob]

Interesting - Thanks -
Selling has dried up....

84.80% % of Float Held by Institutions

[Joe Stocks]

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.