I didn’t buy the last dip, because frankly, I already have a lot at risk with this stock. But, true to its nature, and pattern we are on the Tesla roller coaster ride again. Sales are down, revenue is down, profit is down but the stock pops? I still say this bi7ch goes to $500 p/s in the next 12 months. The new cheaper Tesla will help as will the Robotaxi. For now, I breathe a sigh of relief. I’m still down 7.84% in my portfolio since 2/19/2025. It’s a nice chunk of change but much better than the near 18% I was down just a few days ago. I’m back to break even on Palantir, I climbed out of a deep hole on that pos. Happy Friday ladies.
Edit: I’m buying some more WMT today.
Me, I am just back to grinding. $2,000 here. $4,000 there. Selling a call. Selling a put on a stock I like. Just back to trying to make $3,000 to $10,000 a week. It's there but I have to look harder for it now. I was forced to Buy Amazon at $175 when I sold a put and then it dropped to 175. Sold a call once I was forced to buy it. Call was at 175, is, and now its at 189 so Ill be forced out at 175 where I bought it. Good news is while it keeps going back and forth, looking like I'll sell it for what I bought it for, I will net about $8,000 in puts and calls. SMall victories. I have puts on Apple at $210 and it's climbed back to $208. So now I am not sure if I want to own it or not. Same with TQQQ which dropped all the way to $40. I got it at $41.40 6,000 shares. Back up to $53 now. Still have puts I am stuck with at $56. Like Apple, not sure if I want to buy at that now. I have a feeling Trumps not done dicking around. Thus I am hoping these stocks move up enough that the puts expire and I sit on about $600K in cash and jump on the next terrorist attack the President inflicts on the market
Oh, I have Calls on Tesla. If it gets to $350 by next Friday 5/2, I am out. If it expires, I may sell more at the same price. I am sick of the show there, sick of the ride up and down. It's too much of a story stock, a stock with too many factors outside the numbers for my taste. I have 3190 shares with a basis of $230 so getting out at $350,000 would in a way feel like defeat as I can't stomach it or justify it. Definitely some FOMO there. I would just have to comfort myself with the $382,000 gain plus whatever I got for selling the calls.