RE: LeoThread 2025-03-10 18:46

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Nah, wouldn't touch that shit. I think the brand forever tainted because of that douche bag.



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Haha!! I knew that would be your reaction. 😀

Couldn't resist rattling the cage! 🤣

It's all good. I wouldn't short it for sure. He is like a cat that always lands on his feet!

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😀👍 Yeah, definitely too late to short it now, at least a relief bounce is incoming. But interesting to see how Tesla will do in the future, can they regain the lost market share

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Who knows. I have never really studied the electric vehicle markets much. It seems to me that the best thing Tesla has going for it is the automated driving aspect.

Infrastructure for EV's does not seem to be robust enough (especially in the US) at this point in time.

It seems to me that the way forward for Tesla in the US is going to be fleet development. Outside the US, they will have a huge uphill battle. Especially since the politicization of Musk. Still I wouldn't bet against them with my money. When he sets his mind to something it happens...

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The thing is, Tesla seems to have lost quite a bit of the European market and I wonder if they can regain it as competition is only getting tougher. Chinese EVs, and European EVs are coming to the market while Europeans despise Elon, maga. It will be very difficult.

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I agree that the worldwide market will become much tougher for them for sure.

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Moreover, the Tesla brand is so closely connected to Elon's brand. Can't see them shaking off the stigma in this life.

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He is very polarizing. They will likely not shake off the stigma with those that hate him, but may actually make significant gains with those that like him.

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Indeed! Can't underestimate how many people actually idolize that douche bag. It's mind-blowing really!

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One person's dictator is another one's saviour. 🤣

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😂 Yeah, not sure the saying applies to that guy though!

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Likely applies to hundreds of thousands or even millions...

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It's a great options trade... LOL. Options selling on TSLA has been pretty lucrative using a poor man's covered call strategy...

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Yeah. I have been eyeballing some options stuff on MSTR. 🤣

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Yeah, I currently have 200 shares I am selling options on. They are underwater like hell right now, but I just keep selling covered calls and banking that premium. That's how I earn yield on BTC, lol.

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Wow!! I am just trying to get my roll big enough to do it on even 100 of MSTR in my ROTH. For now, I am doing it on 200 IBIT weekly. For next week I think I am going to go a little further up on the calls. There are so much volume up higher and next week they may run the price up to pick up some shares.

Yeah. I am a believer in manipulation. 😀

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I stick to a certain Delta ratio and that seems to work pretty well. Basically I shoot for strike prices between 0.3-0.4 delta, closer to that 0.3-0.35 if possible. Keeps it clean. Even in down times, but will roll the option if needed.

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Yeah. I stick to about 0.2. Maybe I should be a little more frisky. 🤣

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Do whatever works for you. That seems to be my sweet spot though for squeezing as much of that premium I can out of the deal.

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Don't know what I am really worried about anyway. I am already up 45% on my IBIT shares, not even counting the premiums. I should actually more closer into the money, book the gains and buy it right back.

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No, if it executes, you then turn around and sell a cash covered put option at the price you want to buy it at. Make that premium and set your price. If it expires worthless, guess what? Do it again! If you end up buying more, then sell covered calls until it sells, then sell more put options at your chosen buy price, rinse and repeat. It's called the wheel strategy.

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Yeah the wheel. Actually that is what I usually do. It slipped my mind though when replying.

I think I need some nootropics or something. Alzheimer's may be in my future. 🙄

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LOL!

I already suffer from low initiative. I fear that I would be in a constant state of what I have heard the youngin's refer to as "couch-locked"!

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You just need the right stuff, lol. Sativa during the day, indica at night, lol, you are all good man, lol. Hey, you see everything I am doing, well, just what I post, lol, there is more going on in the background, lol.

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