He's scared. Tesla sales are tanking, California is about to rule that "Full Self-Driving" is false advertising, Starship keeps blowing up, SpaceX loses too much money to IPO, and XAI is burning $10 billion/year for the 4th place chatbot.
It's over, he knows it, and only corruption can save him.
After a few calm days $TSLA seems to be on the move again.
robsonthemove.substack.com/p/lifting-th...
First time an agency stands up against Musk's army of flying monkeys?
Yeah, to be honest, I'm struggling a bit at the moment about where to go next with things I'm doing. Getting more serious about volatility is one of the roads I'm thinking about so Teddy had to take a break. We'll see.
How are you doing?
It's beyond absurd indeed. Pilot projects with functioning robotaxis pop up all around the globe. Tesla is more dead last than it is a leader.
Today's IV on $CRWV is a gift imo.
The Musk is on a propaganda tour to make the locals on and around the land he grabbed in the wildlife refuge, feel like "Starbase citizens".
Getting ever deeper in volatility which unfortunately ties me to the other platform because heroes of the space seem stuck there. I do hope outages like todays may help to have them move.
Anyway, talking about volatility - $TSLA does move a lot these days
robsonthemove.substack.com/p/does-tesla...
Nice. Congratulations
What a statement by the palace.
If you are going to buy an option today, think speed - not direction
open.substack.com/pub/robsonth...
Been working on a newsletter to post trading ideas.
But first some philosophy
robsonthemove.substack.com/p/an-option-...
Not sure if MLK should be dragged into this but article provides a lot of great thoughts, I think, about the left failing to find an answer as to how to deal with the orange man.
edition.cnn.com/2025/01/19/u...
So more or less broke even on what have essentially been failed trades. When starting out in a good position in regards to IV and skew, that, to me, is the advantage a calendar trade offers.
Week later and I don't know if I should update this but needless to say I ended up closing both trades early, losing 2% on MCY and gaining 2% on the TSLA calendar. Watching it closely during the trade has once again shown what madness the Tesla stock brings. Market was ready for $TRUMP, it seems.
On days like this shops like Citadel must have fun selling a few million options to short term gamblers.
And on other days too, I guess.
Also - don't days like today somewhat disprove the gamma squeeze theory?
If the Zuck is going full X, should we start wondering about what that could mean for revenue?
In times of tragedy many people take comfort in the president being - oh wait, nvm
Talking about calendars, if you think $TSLA has a chance at pinning at 400 this week...
Few hours later and term skew advantage is disappearing.
To me calendar spreads are the most beautiful creatures in trading.
For any traders on here, look at $MCY.
Diasaster tourists provide great term skew for a short term calendar imo.
I'm short $ENVX, partly because I think $2B is an absurd valuation for a small business that has yet to show a functioning product, but also because I have this weird fetish for disheartening retail and small institutional holders 😂
He makes a good point, I think, in saying that the media made a big mistake in not taking him on earlier. In the end Elon today is the Elon the media created.
Every day more people are getting musked.
Epic
Happy New Year peeps
If the media give in, we're getting in a dangerous situation imo.
www.youtube.com/watch?v=P0DK...
