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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...

So Tesla Drops On The Opening On A Tuesday

It's chart.
A look at it's Calls.
A look at Tesla a minute or two earlier.
Can you jump in the play it for a rebound? These Calls are down 50% on the opening.
So we are experiencing early morning market jitters. Tesla was down $37.12 last week. That's like $5.00 everyday. Is looking for an upward reversal simply wishful thinking? Hold that thought. Now this, another shoe has fallen off.
A new thought.It's 10:00 a.m.. There is no reason for the stock to stop dropping but computer buying programs at sme point in time might start to kick in which are willing to accept the obvious degree of risk. Is that at 10:07 a.m. what we are now looking at now? The problem with rebounds like is that if the stock starts move up a touch it runs the risk of getting knocked down again.
I don't like trading Tesla this early in the week with it's option series that expire this Friday. Let's walk away from this situation and check back in later to see what ends up happening. Now it's end of the day readings.
The Venezuela story is taking the action away from stocks like this. When there is news of Trump doing things which might upset world order just stay away.These are unusual times.

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