Nice. It’s down to $390 as of today. Two months to go. I’m even all right if it hands In The 300s anywhere. I’ll buy the calls out in the last week when they fall near the par value and then resell them in the future. Say June. For same premium but at a strike price or 400-420 not 350. If tesla can then grow moderately I can eventually outrun this. Let them expire and keep my shares.
This all started at like 220 or 250. 3190 shares. So at least by playing these games and delaying. So far we’ve gained $100 a share if I’m forced out at 350-355. That’s $319,000. Definitely worth the anxiety.
If I can play it again and get it up to $400 thsts $160,000 more even if Tesla shoots up to $450 and forces me out at $400.
So the way I look at it is that unlike many investments where you put $ in and hope it goes up? This is guaranteed money in that Tesla is already up and I’m just playing catch up to where it already is. And every time I do. Long as I am chasing a higher number. Is guaranteed cheddar.
That friends. Is the difference between a losers mentality and a winners. The difference between. Fear and controlled aggression.
In fairness. My son asked me the other day about a similar topic and I said it was really easy to be aggressive either when the money wasn’t real or you had so much of it that you were playing on the house.
When I was 23-26 I would agonize. Wrong my hands over how to split up $2000 and what to put it in. Mostly it was hewlett packard and intel. Great ideas at the time and as is turns out. Horrible long term wastes of money. I was a value investor only. I’d die over $500 of movement.
Now the old man in me still scrounges and hunts for $500 options when I can get easy money. For sure. I mean $500 for an hour of research on my phone? Heck yeah.
But if a stock goes up or down. Or my portfolio $100,000 or $200,000 now. I don’t even flinch. It’s not real. No big deal son said “maybe everyone should invest that way. Aggressive and pretend it’s just play money”
Easier said than done kid. When you have bills to pay that $2,000 is insanely real
It’s trending in your favor. I think, for a moment, we all forgot Tesla is an automaker. Then 4th quarter results came in and they were underwhelming.
Yes, losing money is no big deal once you have it happen a few times. As long as you don’t need it on the 1st to pay the rent. It actually does feel like play money at times.
There were times in my years at USC when having 6 dollars in my pocket felt like a million bucks. I could eat like a normal person. Good times!
Nice. It’s down to $390 as of today. Two months to go. I’m even all right if it hands In The 300s anywhere. I’ll buy the calls out in the last week when they fall near the par value and then resell them in the future. Say June. For same premium but at a strike price or 400-420 not 350. If tesla can then grow moderately I can eventually outrun this. Let them expire and keep my shares.
This all started at like 220 or 250. 3190 shares. So at least by playing these games and delaying. So far we’ve gained $100 a share if I’m forced out at 350-355. That’s $319,000. Definitely worth the anxiety.
If I can play it again and get it up to $400 thsts $160,000 more even if Tesla shoots up to $450 and forces me out at $400.
So the way I look at it is that unlike many investments where you put $ in and hope it goes up? This is guaranteed money in that Tesla is already up and I’m just playing catch up to where it already is. And every time I do. Long as I am chasing a higher number. Is guaranteed cheddar.
That friends. Is the difference between a losers mentality and a winners. The difference between. Fear and controlled aggression.
In fairness. My son asked me the other day about a similar topic and I said it was really easy to be aggressive either when the money wasn’t real or you had so much of it that you were playing on the house.
When I was 23-26 I would agonize. Wrong my hands over how to split up $2000 and what to put it in. Mostly it was hewlett packard and intel. Great ideas at the time and as is turns out. Horrible long term wastes of money. I was a value investor only. I’d die over $500 of movement.
Now the old man in me still scrounges and hunts for $500 options when I can get easy money. For sure. I mean $500 for an hour of research on my phone? Heck yeah.
But if a stock goes up or down. Or my portfolio $100,000 or $200,000 now. I don’t even flinch. It’s not real. No big deal son said “maybe everyone should invest that way. Aggressive and pretend it’s just play money”
Easier said than done kid. When you have bills to pay that $2,000 is insanely real
I’ll allow you and your nvidia to explode. All you want. Just let Tesla stay down to $350-355 until mid March