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Is Tesla A Good Robot Play?

There's going to be pushback if Musk decides to turn his auto production lines into robot making production lines. That's a new fear. It is also noted that used Teslas are dropping in value quickly. Tesla was down in price $5.62 last week. How is Musk going to make this new venture work? Might his first generation of robots like his cybertrucks quickly become obsolete? If you think about it, maybe existing shareholders are already lightening up on their stock positions knowing that a bumpy ride could soon be on the horizon. Now a new topic. How much do the "three-month-out-Calls-and-Puts" on Tesla cost? That's a fair question and here is the answer. Now we also need to look at how it has traded in the last three months. The stock is down about $60.00 over that period of time. Anything is possible with these three month out option series. Now this, Tesla drops on the Monday February 23th opening. The markets are having a bad day. Look now at what the May 26t...
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Carvana Again. It's Mid Week And Will It Get Nervous again?

What do we see here? Carvana is up $12.00 in the first hour of trading.
It's 10:27 a.m. and these Puts are like $10.00 "out-of-the-money". There is support at the 310 price level. Carvana is known to do crazy things. Might there be an afternoon gain to be had here? Let's see what happens. It's 11:32 a.m. and there has being a slight drop. Here is the chart.
In my usual fashion I would say just get out. $4.70 to $7.20 in just over one hour.
Now it's updated five day chart.
Who cares what happens next? *** With less than 30 minutes in the trading session the same opportunity with the same series of 320 Puts has presented itself again.
......
There is one diffence. It's missing the early morning "up-to-quickly-surge" it had this morning. For that reason alone everything is different! Here is how Carvana closed out the week.
Anyone bold enough to buy into these "out-of-money" Puts in the morning on Friday at their lows of the day were well rewarded.
It's easier to write about this kind of stuff after it happens than before it happens.

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