I picked up some at the money May calls Monday. I sold them today, and (mostly coincidentally) bought a sailboat. The options, after taxes, covered the boat and this year's moorage.
Could've gone the other way of course, but after the beating they'd taken? Surely they'd do something to correct between Monday and earnings.
They said, I might amend your statement to be emotional volatility is your friend. I mostly got lucky on the response to Tesla coming closer to meeting their production goals (entirely independently of the underlying financials). It elicited a predictable emotional response.
I picked up some at the money May calls Monday. I sold them today, and (mostly coincidentally) bought a sailboat. The options, after taxes, covered the boat and this year's moorage.
Could've gone the other way of course, but after the beating they'd taken? Surely they'd do something to correct between Monday and earnings.
They said, I might amend your statement to be emotional volatility is your friend. I mostly got lucky on the response to Tesla coming closer to meeting their production goals (entirely independently of the underlying financials). It elicited a predictable emotional response.