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RayAsuna
2022-07-19
Nice!
Tesla Q2: Market Never Learned Its Musk Lesson
RayAsuna
2022-04-27
$Tesla Motors(TSLA)$
Hope to see that soon!
RayAsuna
2022-07-19
$Tesla Motors(TSLA)$
Up upp
RayAsuna
2022-06-01
$Tesla Motors(TSLA)$
Yes!
RayAsuna
2022-05-19
$Apple(AAPL)$
Nice
RayAsuna
2022-07-21
$Tesla Motors(TSLA)$
Upp
RayAsuna
2022-06-14
$Apple(AAPL)$
130
RayAsuna
2022-06-04
Nice!
Amazon Stock Is Splitting to $122, Trading Starts Monday
RayAsuna
2023-02-09
$Tesla Motors(TSLA)$
yes
RayAsuna
2023-01-23
$Tesla Motors(TSLA)$
RayAsuna
2022-08-23
$Apple(AAPL)$
Oof
RayAsuna
2022-08-16
$Tesla Motors(TSLA)$
Good
RayAsuna
2022-08-15
$Twitter(TWTR)$
nice
RayAsuna
2022-07-29
Moon
@Tom_Brady:🔛👋[Start Engine] Amazon! take me to the Moon !🚀🌕🌕
RayAsuna
2022-07-29
$Apple(AAPL)$
up
RayAsuna
2022-07-25
Nice!
@Lulup:
$Tesla Motors(TSLA)$
ok
RayAsuna
2022-07-01
$Twitter(TWTR)$
uppp
RayAsuna
2022-05-25
$Apple(AAPL)$
Upp
RayAsuna
2022-01-28
Great ariticle, would you like to share it?
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href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>yes","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>yes","text":"$Tesla Motors(TSLA)$ yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954963583","isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952343201,"gmtCreate":1674487102203,"gmtModify":1676538942837,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952343201","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996515801,"gmtCreate":1661192430307,"gmtModify":1676536469972,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Oof","listText":"<a 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Motors(TSLA)$</a>Good","text":"$Tesla Motors(TSLA)$Good","images":[{"img":"https://community-static.tradeup.com/news/330fe8542fedeae9c8fbf90d0a55bc46","width":"1170","height":"3005"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993121531","isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9999419250,"gmtCreate":1660570131571,"gmtModify":1676535177784,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>nice","listText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>nice","text":"$Twitter(TWTR)$nice","images":[{"img":"https://community-static.tradeup.com/news/a4ea28ba41eba9297477dd501d12a143","width":"1170","height":"3095"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999419250","isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9901055356,"gmtCreate":1659102967375,"gmtModify":1676536257939,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901055356","repostId":"9901011726","repostType":1,"repost":{"id":9901011726,"gmtCreate":1659094570145,"gmtModify":1676536256859,"author":{"id":"3527667575564749","authorId":"3527667575564749","name":"Tom_Brady","avatar":"https://static.itradeup.com/news/b95551980766456e2ff4fbc6ca94e456","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667575564749","authorIdStr":"3527667575564749"},"themes":[],"title":"🔛👋[Start Engine] Amazon! take me to the Moon !🚀🌕🌕","htmlText":"Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exce","listText":"Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exce","text":"Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.$Amazon.com(AMZN)$ Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exce","images":[{"img":"https://static.tigerbbs.com/180e4a5f864f84c643ed7b9a2af14853","width":"2076","height":"1322"},{"img":"https://static.tigerbbs.com/4cd8f2e1b5a6576f6f66403b61bccf11","width":"1188","height":"660"},{"img":"https://static.tigerbbs.com/7df10a1a2d13e510f6c5a6ec7682c52d","width":"646","height":"590"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901011726","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903246181,"gmtCreate":1659049910543,"gmtModify":1676536248218,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>up","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>up","text":"$Apple(AAPL)$up","images":[{"img":"https://community-static.tradeup.com/news/ecebaf618465849c1cf1cbeaa5f23039","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903246181","isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9900411929,"gmtCreate":1658749303277,"gmtModify":1676536201240,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900411929","repostId":"9900431075","repostType":1,"repost":{"id":9900431075,"gmtCreate":1658746996297,"gmtModify":1676536200994,"author":{"id":"3565388060054436","authorId":"3565388060054436","name":"Lulup","avatar":"https://static.tigerbbs.com/5bd91320845c61e8df5d3fb4163d4d92","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565388060054436","authorIdStr":"3565388060054436"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>ok","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>ok","text":"$Tesla Motors(TSLA)$ok","images":[{"img":"https://community-static.tradeup.com/news/983ad2f74ed3a1b05e2ce7da3efc26c7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900431075","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074789772,"gmtCreate":1658411255896,"gmtModify":1676536154438,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Upp","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Upp","text":"$Tesla Motors(TSLA)$Upp","images":[{"img":"https://community-static.tradeup.com/news/92557e1954b1e2eb4b914b9a90c8fd33","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074789772","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9075577671,"gmtCreate":1658236530493,"gmtModify":1676536126052,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Up upp","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Up upp","text":"$Tesla Motors(TSLA)$Up upp","images":[{"img":"https://community-static.tradeup.com/news/5ae31722fb84fe445bf5483ccff421b5","width":"1170","height":"3185"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075577671","isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9075274048,"gmtCreate":1658215342584,"gmtModify":1676536123435,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075274048","repostId":"1143478540","repostType":4,"repost":{"id":"1143478540","kind":"news","pubTimestamp":1658202785,"share":"https://ttm.financial/m/news/1143478540?lang=&edition=fundamental","pubTime":"2022-07-19 11:53","market":"us","language":"en","title":"Tesla Q2: Market Never Learned Its Musk Lesson","url":"https://stock-news.laohu8.com/highlight/detail?id=1143478540","media":"Seekingalpha","summary":"SummaryThe market habitually underestimates the volatility in Tesla stock prices, especially during ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The market habitually underestimates the volatility in Tesla stock prices, especially during the earnings report season.</li><li>Elon Musk could surprise the market in its upcoming Q2 earnings again considering new development in China since its Q1 report.</li><li>Global shipping data also shows signs that the supply chain disruptions are easing.</li><li>As some actionable ideas, investors may consider an option play either as a hedge or as a way to exploit the volatility mispricing.</li></ul><p><b>Thesis</b></p><p>My past articles on Tesla (NASDAQ:TSLA) have been focusing on its nonlinear growth potential in the long term. As investors are on the edge of their seats, anxiously waiting for its earnings report on July 20, I want to switch the focus to the near term in this article.</p><p>If history is of any guidance, Elon Musk will surprise the investors in some way this round too. It is difficult enough to anticipate what the surprises will be (though I will take a stab at it in the next section). The major surprise may come from the China front. Tesla’s Giga Shanghai plant has been recovering since the lockdown during Q1. Depending on the market views on the degree of the recovery, it could trigger a large price movement. Furthermore, according to the China Passenger Car Association's (CPCA)most recent data, the total TSLA volume amounted to 32,165 units for May. Still not on par with its best days, but it is only 4% less than a year ago. At the same time, global shipping data also shows signs that the supply chain disruptions are easing.</p><p>Even if the surprises are correctly anticipated, it is only the beginning. It’s even harder to predict how the market responds to such surprises, which brings me to some actionable ideas. To me, the market never seems to learn its Musk lesson and habitually underestimates its price volatility, creating an opportunity for using option investors either for hedging or for profiting. The options market’s implied volatility for TSLA is about 60% to 63% for options expiring in Jan 2023. To put things into perspective, the implied volatility for the NASDAQ 100 index (represented by QQQ) is about 30%. So the market views TSLA volatility to be only about 2x above the NASDAQ 100 index. But in reality, TSLA stock prices easily fluctuated more than 10x on a daily basis than QQQ, as we will see toward the end of the article.</p><p><b>Potential Q2 surprises</b></p><p>Several key cities in China, most notably Shanghai, have been in lock mode due to the resurgence of COVID cases early in the year. As a result, production at its Shanghai Gigafactory has halted for 22 days (from March 28 to April 19). After the lockdown has ended, TSLA has been restoring the production of its Shanghai factory. According to this report, its Shanghai production has recovered to 70% of its pre-lockdown output level as of May 23. The new development since May 23 could be a source of major surprise during the Q2 earnings report.</p><p>My forecast is that the surprise will be on the positive side for two reasons. First, according to the latest data from the China Passenger Car Association ("CPAA"), the supply side has improved significantly since April, and the country's automobile production capacity to fully recover in the next few months. You can see how miserable the April month is for TSLA in the chart below and see how the May month has recovered almost fully to the level a year ago.</p><p>Second, beyond China, there are also signs that the global supply chain congestion is easing. According to Drewry’s data shown in the chart below, the cost peaked above $10k in September 2021 and staged another smaller hike in late 2021. The shipping cost has been keeping declining since then, signaling that the worst has passed. To wit, the composite World Container Index decreased by 0.7% to $6,998 per 40ft container this week. To broaden the view a bit more, when TSLA reported its Q1 earnings back in April, the composite World Container Index stood at $7874. And the current level of $6,998 is about 12% lower.</p><p><img src=\"https://static.tigerbbs.com/f3f9b4d37a16743f3100532e1e2fbdbb\" tg-width=\"640\" tg-height=\"305\" referrerpolicy=\"no-referrer\"/></p><p>InsideEVs</p><p><img src=\"https://static.tigerbbs.com/11a8a754370950bcc1fb3d9abf672c56\" tg-width=\"640\" tg-height=\"377\" referrerpolicy=\"no-referrer\"/></p><p>Drewry’s data</p><p><b>Market kept underestimating TSLA volatility</b></p><p>As aforementioned, even if the above forecasts are correct, the market still could respond to such surprises in either direction. And this is where options may help investors. Buying and holding shares bets on the stock price only. But options give investors an additional knob to control their risks and profits – volatility.</p><p>And my view is that the market underestimates TSLA volatility substantially, leading to a mispricing of its options. We will provide detailed numbers in the next section. Here let’s eyeball the data first and see if they pass a common-sense test. As you can see from the chart below, TSLA stock price experienced peak-to-trough fluctuations of 24.6% following the day of its 2021 Q4 ER on Jan 26, then another similarly wide fluctuation of 21.8% on its 2022 Q1 ER on April 20. Besides the earnings surprise, Elon Musk can also find a way to cause large price movements too. His Twitter poll about whether he should reduce his holdings or not in Nov 2021 serves as an example, causing again about 17% price fluctuations in a day.</p><p>Such fluctuations are easily 10x more than the average daily fluctuations of QQQ, yet TSLA implied volatility is only about 2x higher than QQQ, as we will see next.</p><p><img src=\"https://static.tigerbbs.com/31734c8ea0e7f0d0c690e29e23aff737\" tg-width=\"640\" tg-height=\"298\" referrerpolicy=\"no-referrer\"/></p><p>Yahoo Finance</p><p><b>Detailed look at the options</b></p><p>As of this writing, TSLA’s near-the-money options with a $720 strike with an expiry of 1/20/2023 sell between $133 to $125 for calls and puts as you can see from the chart below provided by OIC. You can also see the implied volatility of about ~63%. Again, to me, this is a sizable underestimate.</p><p>As of this writing, QQQ’s near-the-money options ($290 strike) with the same expiry sell with an implied volatility of about ~30%. Assuming investors have correctly figured out the implied volatility for QQQ (given its role as a major index), TSLA’s implied volatility is only about 2x higher than QQQ, but its real price fluctuations are much wider, especially during major events like earnings releases as argued above.</p><p>As a matter of fact, TSLA’s implied volatility does not even capture its historical volatility as you can see from the second chart below. Due to the Musk factor alone, I would assume the options market would <i>at least</i> price its implied volatility on par with its historical volatility. Yet, its historical volatilities have surged above 80% several times in the recent past, yet it’s currently priced at an implied volatility of ~60% only.</p><p><img src=\"https://static.tigerbbs.com/ca7deb9e5fbad1c78c8209b6a67f511a\" tg-width=\"640\" tg-height=\"307\" referrerpolicy=\"no-referrer\"/></p><p>Source: oic.ivolatility.com</p><p><img src=\"https://static.tigerbbs.com/111cfc4179ef98129d1b131d1456e7bf\" tg-width=\"520\" tg-height=\"250\" referrerpolicy=\"no-referrer\"/></p><p>Source: oic.ivolatility.com</p><p><b>Final thoughts and risks</b></p><p>I see good chances that TSLA can deliver positive surprises during its Q2 earnings report. The main considerations are the recovery on the China front and signs that the global supply chain disruptions are easing. For investors who do not want to bet on the direction of the surprises, but only on the magnitude of the surprises, I see an option play as a viable strategy here given the mispricing of its volatility.</p><p>And finally, risks. Given that this article’s focus itself is on the surprises (codeword for uncertainties/risks), I will not ramble about other risks TSLA is facing anymore. I will just emphasize the risks associated with the use of options here. Options (either calls or puts) can limit risks in terms of the <i>absolute dollar amount</i>. But it is riskier in relative terms because it is a leverage play in essence. Actual stock price movements translate into magnified movements in option prices, and you can lose 100%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2: Market Never Learned Its Musk Lesson</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q2: Market Never Learned Its Musk Lesson\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 11:53 GMT+8 <a href=https://seekingalpha.com/article/4524035-tesla-q2-earnings-market-never-learned-its-musk-lesson?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe market habitually underestimates the volatility in Tesla stock prices, especially during the earnings report season.Elon Musk could surprise the market in its upcoming Q2 earnings again ...</p>\n\n<a href=\"https://seekingalpha.com/article/4524035-tesla-q2-earnings-market-never-learned-its-musk-lesson?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4524035-tesla-q2-earnings-market-never-learned-its-musk-lesson?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143478540","content_text":"SummaryThe market habitually underestimates the volatility in Tesla stock prices, especially during the earnings report season.Elon Musk could surprise the market in its upcoming Q2 earnings again considering new development in China since its Q1 report.Global shipping data also shows signs that the supply chain disruptions are easing.As some actionable ideas, investors may consider an option play either as a hedge or as a way to exploit the volatility mispricing.ThesisMy past articles on Tesla (NASDAQ:TSLA) have been focusing on its nonlinear growth potential in the long term. As investors are on the edge of their seats, anxiously waiting for its earnings report on July 20, I want to switch the focus to the near term in this article.If history is of any guidance, Elon Musk will surprise the investors in some way this round too. It is difficult enough to anticipate what the surprises will be (though I will take a stab at it in the next section). The major surprise may come from the China front. Tesla’s Giga Shanghai plant has been recovering since the lockdown during Q1. Depending on the market views on the degree of the recovery, it could trigger a large price movement. Furthermore, according to the China Passenger Car Association's (CPCA)most recent data, the total TSLA volume amounted to 32,165 units for May. Still not on par with its best days, but it is only 4% less than a year ago. At the same time, global shipping data also shows signs that the supply chain disruptions are easing.Even if the surprises are correctly anticipated, it is only the beginning. It’s even harder to predict how the market responds to such surprises, which brings me to some actionable ideas. To me, the market never seems to learn its Musk lesson and habitually underestimates its price volatility, creating an opportunity for using option investors either for hedging or for profiting. The options market’s implied volatility for TSLA is about 60% to 63% for options expiring in Jan 2023. To put things into perspective, the implied volatility for the NASDAQ 100 index (represented by QQQ) is about 30%. So the market views TSLA volatility to be only about 2x above the NASDAQ 100 index. But in reality, TSLA stock prices easily fluctuated more than 10x on a daily basis than QQQ, as we will see toward the end of the article.Potential Q2 surprisesSeveral key cities in China, most notably Shanghai, have been in lock mode due to the resurgence of COVID cases early in the year. As a result, production at its Shanghai Gigafactory has halted for 22 days (from March 28 to April 19). After the lockdown has ended, TSLA has been restoring the production of its Shanghai factory. According to this report, its Shanghai production has recovered to 70% of its pre-lockdown output level as of May 23. The new development since May 23 could be a source of major surprise during the Q2 earnings report.My forecast is that the surprise will be on the positive side for two reasons. First, according to the latest data from the China Passenger Car Association (\"CPAA\"), the supply side has improved significantly since April, and the country's automobile production capacity to fully recover in the next few months. You can see how miserable the April month is for TSLA in the chart below and see how the May month has recovered almost fully to the level a year ago.Second, beyond China, there are also signs that the global supply chain congestion is easing. According to Drewry’s data shown in the chart below, the cost peaked above $10k in September 2021 and staged another smaller hike in late 2021. The shipping cost has been keeping declining since then, signaling that the worst has passed. To wit, the composite World Container Index decreased by 0.7% to $6,998 per 40ft container this week. To broaden the view a bit more, when TSLA reported its Q1 earnings back in April, the composite World Container Index stood at $7874. And the current level of $6,998 is about 12% lower.InsideEVsDrewry’s dataMarket kept underestimating TSLA volatilityAs aforementioned, even if the above forecasts are correct, the market still could respond to such surprises in either direction. And this is where options may help investors. Buying and holding shares bets on the stock price only. But options give investors an additional knob to control their risks and profits – volatility.And my view is that the market underestimates TSLA volatility substantially, leading to a mispricing of its options. We will provide detailed numbers in the next section. Here let’s eyeball the data first and see if they pass a common-sense test. As you can see from the chart below, TSLA stock price experienced peak-to-trough fluctuations of 24.6% following the day of its 2021 Q4 ER on Jan 26, then another similarly wide fluctuation of 21.8% on its 2022 Q1 ER on April 20. Besides the earnings surprise, Elon Musk can also find a way to cause large price movements too. His Twitter poll about whether he should reduce his holdings or not in Nov 2021 serves as an example, causing again about 17% price fluctuations in a day.Such fluctuations are easily 10x more than the average daily fluctuations of QQQ, yet TSLA implied volatility is only about 2x higher than QQQ, as we will see next.Yahoo FinanceDetailed look at the optionsAs of this writing, TSLA’s near-the-money options with a $720 strike with an expiry of 1/20/2023 sell between $133 to $125 for calls and puts as you can see from the chart below provided by OIC. You can also see the implied volatility of about ~63%. Again, to me, this is a sizable underestimate.As of this writing, QQQ’s near-the-money options ($290 strike) with the same expiry sell with an implied volatility of about ~30%. Assuming investors have correctly figured out the implied volatility for QQQ (given its role as a major index), TSLA’s implied volatility is only about 2x higher than QQQ, but its real price fluctuations are much wider, especially during major events like earnings releases as argued above.As a matter of fact, TSLA’s implied volatility does not even capture its historical volatility as you can see from the second chart below. Due to the Musk factor alone, I would assume the options market would at least price its implied volatility on par with its historical volatility. Yet, its historical volatilities have surged above 80% several times in the recent past, yet it’s currently priced at an implied volatility of ~60% only.Source: oic.ivolatility.comSource: oic.ivolatility.comFinal thoughts and risksI see good chances that TSLA can deliver positive surprises during its Q2 earnings report. The main considerations are the recovery on the China front and signs that the global supply chain disruptions are easing. For investors who do not want to bet on the direction of the surprises, but only on the magnitude of the surprises, I see an option play as a viable strategy here given the mispricing of its volatility.And finally, risks. Given that this article’s focus itself is on the surprises (codeword for uncertainties/risks), I will not ramble about other risks TSLA is facing anymore. I will just emphasize the risks associated with the use of options here. Options (either calls or puts) can limit risks in terms of the absolute dollar amount. But it is riskier in relative terms because it is a leverage play in essence. Actual stock price movements translate into magnified movements in option prices, and you can lose 100%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045770034,"gmtCreate":1656664333128,"gmtModify":1676535873854,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>uppp","listText":"<a href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>uppp","text":"$Twitter(TWTR)$uppp","images":[{"img":"https://community-static.tradeup.com/news/7d831aad4fef92cc756fd7ab394ed7a6","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045770034","isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9052571235,"gmtCreate":1655199074027,"gmtModify":1676535580750,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>130","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>130","text":"$Apple(AAPL)$130","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052571235","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059848434,"gmtCreate":1654341713128,"gmtModify":1676535433811,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059848434","repostId":"2240777362","repostType":2,"repost":{"id":"2240777362","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1654322042,"share":"https://ttm.financial/m/news/2240777362?lang=&edition=fundamental","pubTime":"2022-06-04 13:54","market":"us","language":"en","title":"Amazon Stock Is Splitting to $122, Trading Starts Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2240777362","media":"Dow Jones","summary":"Don't panic when you see the first trade in Amazon.com shares on Monday.Back in March, Amazon announ","content":"<html><head></head><body><p>Don't panic when you see the first trade in Amazon.com shares on Monday.</p><p>Back in March, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> announced a 20-for-1 stock split, which is now being implemented. With the start of the new trading week, each Amazon share becomes 20 shares. The stock, which on Friday dropped 2.5% to $2,447, should open Monday with a price of about $122. Amazon's share count will jump from 509 million to 10.2 billion.</p><p>To be clear, this isn't a case of getting something for nothing. It's comparable to exchanging a $20 bill for 20 singles.</p><p>But the split could provide some benefit to the stock. For one thing, it makes the shares more accessible to small investors. Also, as Barron's has noted before , the split opens the door to potential inclusion of Amazon shares in the Dow Jones Industrial Average. Adding high-price shares to the Dow is problematic because the index is weighted according to price, so the same percentage change in a high-price stock moves the index more than for a low-price one.</p><p>This is the fourth time Amazon has declared a stock split since it went public in 1997, but the first in more than two decades. The other three splits were all within 15 months in the heart of the internet bubble period: 2-for-1 in June 1998, 3-for-1 in January 1999, and 2-for-1 in September 1999.</p><p>Google's parent, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> has declared a 20-for-1 split as well, That one takes effect in mid-July. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> have indicated plans for splits, but have provided no detail on the ratios or timing. Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> completed a 4-for-1 split in 2020.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock Is Splitting to $122, Trading Starts Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock Is Splitting to $122, Trading Starts Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-04 13:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Don't panic when you see the first trade in Amazon.com shares on Monday.</p><p>Back in March, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> announced a 20-for-1 stock split, which is now being implemented. With the start of the new trading week, each Amazon share becomes 20 shares. The stock, which on Friday dropped 2.5% to $2,447, should open Monday with a price of about $122. Amazon's share count will jump from 509 million to 10.2 billion.</p><p>To be clear, this isn't a case of getting something for nothing. It's comparable to exchanging a $20 bill for 20 singles.</p><p>But the split could provide some benefit to the stock. For one thing, it makes the shares more accessible to small investors. Also, as Barron's has noted before , the split opens the door to potential inclusion of Amazon shares in the Dow Jones Industrial Average. Adding high-price shares to the Dow is problematic because the index is weighted according to price, so the same percentage change in a high-price stock moves the index more than for a low-price one.</p><p>This is the fourth time Amazon has declared a stock split since it went public in 1997, but the first in more than two decades. The other three splits were all within 15 months in the heart of the internet bubble period: 2-for-1 in June 1998, 3-for-1 in January 1999, and 2-for-1 in September 1999.</p><p>Google's parent, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> has declared a 20-for-1 split as well, That one takes effect in mid-July. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> have indicated plans for splits, but have provided no detail on the ratios or timing. Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> completed a 4-for-1 split in 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240777362","content_text":"Don't panic when you see the first trade in Amazon.com shares on Monday.Back in March, Amazon announced a 20-for-1 stock split, which is now being implemented. With the start of the new trading week, each Amazon share becomes 20 shares. The stock, which on Friday dropped 2.5% to $2,447, should open Monday with a price of about $122. Amazon's share count will jump from 509 million to 10.2 billion.To be clear, this isn't a case of getting something for nothing. It's comparable to exchanging a $20 bill for 20 singles.But the split could provide some benefit to the stock. For one thing, it makes the shares more accessible to small investors. Also, as Barron's has noted before , the split opens the door to potential inclusion of Amazon shares in the Dow Jones Industrial Average. Adding high-price shares to the Dow is problematic because the index is weighted according to price, so the same percentage change in a high-price stock moves the index more than for a low-price one.This is the fourth time Amazon has declared a stock split since it went public in 1997, but the first in more than two decades. The other three splits were all within 15 months in the heart of the internet bubble period: 2-for-1 in June 1998, 3-for-1 in January 1999, and 2-for-1 in September 1999.Google's parent, Alphabet has declared a 20-for-1 split as well, That one takes effect in mid-July. Tesla $(TSLA)$ and GameStop $(GME)$ have indicated plans for splits, but have provided no detail on the ratios or timing. Apple $(AAPL)$ completed a 4-for-1 split in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027879227,"gmtCreate":1654015615469,"gmtModify":1676535378927,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Yes!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Yes!","text":"$Tesla Motors(TSLA)$Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027879227","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022183706,"gmtCreate":1653490820606,"gmtModify":1676535291526,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Upp","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Upp","text":"$Apple(AAPL)$Upp","images":[{"img":"https://community-static.tradeup.com/news/17a26c6a58931906b41703ea75b90f49","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022183706","isVote":1,"tweetType":1,"viewCount":13,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9021017858,"gmtCreate":1652973752574,"gmtModify":1676535199784,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Nice ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Nice ","text":"$Apple(AAPL)$Nice","images":[{"img":"https://community-static.tradeup.com/news/fe9ec1c5826a11daf2229ea6645930cd","width":"1125","height":"2702"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021017858","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9087604040,"gmtCreate":1651008339495,"gmtModify":1676534829988,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hope to see that soon!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hope to see that soon!","text":"$Tesla Motors(TSLA)$Hope to see that soon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087604040","isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099140531,"gmtCreate":1643325487421,"gmtModify":1676533803791,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582891281990954","authorIdStr":"3582891281990954"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099140531","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9075274048,"gmtCreate":1658215342584,"gmtModify":1676536123435,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075274048","repostId":"1143478540","repostType":4,"repost":{"id":"1143478540","kind":"news","pubTimestamp":1658202785,"share":"https://ttm.financial/m/news/1143478540?lang=&edition=fundamental","pubTime":"2022-07-19 11:53","market":"us","language":"en","title":"Tesla Q2: Market Never Learned Its Musk Lesson","url":"https://stock-news.laohu8.com/highlight/detail?id=1143478540","media":"Seekingalpha","summary":"SummaryThe market habitually underestimates the volatility in Tesla stock prices, especially during ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The market habitually underestimates the volatility in Tesla stock prices, especially during the earnings report season.</li><li>Elon Musk could surprise the market in its upcoming Q2 earnings again considering new development in China since its Q1 report.</li><li>Global shipping data also shows signs that the supply chain disruptions are easing.</li><li>As some actionable ideas, investors may consider an option play either as a hedge or as a way to exploit the volatility mispricing.</li></ul><p><b>Thesis</b></p><p>My past articles on Tesla (NASDAQ:TSLA) have been focusing on its nonlinear growth potential in the long term. As investors are on the edge of their seats, anxiously waiting for its earnings report on July 20, I want to switch the focus to the near term in this article.</p><p>If history is of any guidance, Elon Musk will surprise the investors in some way this round too. It is difficult enough to anticipate what the surprises will be (though I will take a stab at it in the next section). The major surprise may come from the China front. Tesla’s Giga Shanghai plant has been recovering since the lockdown during Q1. Depending on the market views on the degree of the recovery, it could trigger a large price movement. Furthermore, according to the China Passenger Car Association's (CPCA)most recent data, the total TSLA volume amounted to 32,165 units for May. Still not on par with its best days, but it is only 4% less than a year ago. At the same time, global shipping data also shows signs that the supply chain disruptions are easing.</p><p>Even if the surprises are correctly anticipated, it is only the beginning. It’s even harder to predict how the market responds to such surprises, which brings me to some actionable ideas. To me, the market never seems to learn its Musk lesson and habitually underestimates its price volatility, creating an opportunity for using option investors either for hedging or for profiting. The options market’s implied volatility for TSLA is about 60% to 63% for options expiring in Jan 2023. To put things into perspective, the implied volatility for the NASDAQ 100 index (represented by QQQ) is about 30%. So the market views TSLA volatility to be only about 2x above the NASDAQ 100 index. But in reality, TSLA stock prices easily fluctuated more than 10x on a daily basis than QQQ, as we will see toward the end of the article.</p><p><b>Potential Q2 surprises</b></p><p>Several key cities in China, most notably Shanghai, have been in lock mode due to the resurgence of COVID cases early in the year. As a result, production at its Shanghai Gigafactory has halted for 22 days (from March 28 to April 19). After the lockdown has ended, TSLA has been restoring the production of its Shanghai factory. According to this report, its Shanghai production has recovered to 70% of its pre-lockdown output level as of May 23. The new development since May 23 could be a source of major surprise during the Q2 earnings report.</p><p>My forecast is that the surprise will be on the positive side for two reasons. First, according to the latest data from the China Passenger Car Association ("CPAA"), the supply side has improved significantly since April, and the country's automobile production capacity to fully recover in the next few months. You can see how miserable the April month is for TSLA in the chart below and see how the May month has recovered almost fully to the level a year ago.</p><p>Second, beyond China, there are also signs that the global supply chain congestion is easing. According to Drewry’s data shown in the chart below, the cost peaked above $10k in September 2021 and staged another smaller hike in late 2021. The shipping cost has been keeping declining since then, signaling that the worst has passed. To wit, the composite World Container Index decreased by 0.7% to $6,998 per 40ft container this week. To broaden the view a bit more, when TSLA reported its Q1 earnings back in April, the composite World Container Index stood at $7874. And the current level of $6,998 is about 12% lower.</p><p><img src=\"https://static.tigerbbs.com/f3f9b4d37a16743f3100532e1e2fbdbb\" tg-width=\"640\" tg-height=\"305\" referrerpolicy=\"no-referrer\"/></p><p>InsideEVs</p><p><img src=\"https://static.tigerbbs.com/11a8a754370950bcc1fb3d9abf672c56\" tg-width=\"640\" tg-height=\"377\" referrerpolicy=\"no-referrer\"/></p><p>Drewry’s data</p><p><b>Market kept underestimating TSLA volatility</b></p><p>As aforementioned, even if the above forecasts are correct, the market still could respond to such surprises in either direction. And this is where options may help investors. Buying and holding shares bets on the stock price only. But options give investors an additional knob to control their risks and profits – volatility.</p><p>And my view is that the market underestimates TSLA volatility substantially, leading to a mispricing of its options. We will provide detailed numbers in the next section. Here let’s eyeball the data first and see if they pass a common-sense test. As you can see from the chart below, TSLA stock price experienced peak-to-trough fluctuations of 24.6% following the day of its 2021 Q4 ER on Jan 26, then another similarly wide fluctuation of 21.8% on its 2022 Q1 ER on April 20. Besides the earnings surprise, Elon Musk can also find a way to cause large price movements too. His Twitter poll about whether he should reduce his holdings or not in Nov 2021 serves as an example, causing again about 17% price fluctuations in a day.</p><p>Such fluctuations are easily 10x more than the average daily fluctuations of QQQ, yet TSLA implied volatility is only about 2x higher than QQQ, as we will see next.</p><p><img src=\"https://static.tigerbbs.com/31734c8ea0e7f0d0c690e29e23aff737\" tg-width=\"640\" tg-height=\"298\" referrerpolicy=\"no-referrer\"/></p><p>Yahoo Finance</p><p><b>Detailed look at the options</b></p><p>As of this writing, TSLA’s near-the-money options with a $720 strike with an expiry of 1/20/2023 sell between $133 to $125 for calls and puts as you can see from the chart below provided by OIC. You can also see the implied volatility of about ~63%. Again, to me, this is a sizable underestimate.</p><p>As of this writing, QQQ’s near-the-money options ($290 strike) with the same expiry sell with an implied volatility of about ~30%. Assuming investors have correctly figured out the implied volatility for QQQ (given its role as a major index), TSLA’s implied volatility is only about 2x higher than QQQ, but its real price fluctuations are much wider, especially during major events like earnings releases as argued above.</p><p>As a matter of fact, TSLA’s implied volatility does not even capture its historical volatility as you can see from the second chart below. Due to the Musk factor alone, I would assume the options market would <i>at least</i> price its implied volatility on par with its historical volatility. Yet, its historical volatilities have surged above 80% several times in the recent past, yet it’s currently priced at an implied volatility of ~60% only.</p><p><img src=\"https://static.tigerbbs.com/ca7deb9e5fbad1c78c8209b6a67f511a\" tg-width=\"640\" tg-height=\"307\" referrerpolicy=\"no-referrer\"/></p><p>Source: oic.ivolatility.com</p><p><img src=\"https://static.tigerbbs.com/111cfc4179ef98129d1b131d1456e7bf\" tg-width=\"520\" tg-height=\"250\" referrerpolicy=\"no-referrer\"/></p><p>Source: oic.ivolatility.com</p><p><b>Final thoughts and risks</b></p><p>I see good chances that TSLA can deliver positive surprises during its Q2 earnings report. The main considerations are the recovery on the China front and signs that the global supply chain disruptions are easing. For investors who do not want to bet on the direction of the surprises, but only on the magnitude of the surprises, I see an option play as a viable strategy here given the mispricing of its volatility.</p><p>And finally, risks. Given that this article’s focus itself is on the surprises (codeword for uncertainties/risks), I will not ramble about other risks TSLA is facing anymore. I will just emphasize the risks associated with the use of options here. Options (either calls or puts) can limit risks in terms of the <i>absolute dollar amount</i>. But it is riskier in relative terms because it is a leverage play in essence. Actual stock price movements translate into magnified movements in option prices, and you can lose 100%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2: Market Never Learned Its Musk Lesson</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q2: Market Never Learned Its Musk Lesson\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 11:53 GMT+8 <a href=https://seekingalpha.com/article/4524035-tesla-q2-earnings-market-never-learned-its-musk-lesson?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe market habitually underestimates the volatility in Tesla stock prices, especially during the earnings report season.Elon Musk could surprise the market in its upcoming Q2 earnings again ...</p>\n\n<a href=\"https://seekingalpha.com/article/4524035-tesla-q2-earnings-market-never-learned-its-musk-lesson?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4524035-tesla-q2-earnings-market-never-learned-its-musk-lesson?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143478540","content_text":"SummaryThe market habitually underestimates the volatility in Tesla stock prices, especially during the earnings report season.Elon Musk could surprise the market in its upcoming Q2 earnings again considering new development in China since its Q1 report.Global shipping data also shows signs that the supply chain disruptions are easing.As some actionable ideas, investors may consider an option play either as a hedge or as a way to exploit the volatility mispricing.ThesisMy past articles on Tesla (NASDAQ:TSLA) have been focusing on its nonlinear growth potential in the long term. As investors are on the edge of their seats, anxiously waiting for its earnings report on July 20, I want to switch the focus to the near term in this article.If history is of any guidance, Elon Musk will surprise the investors in some way this round too. It is difficult enough to anticipate what the surprises will be (though I will take a stab at it in the next section). The major surprise may come from the China front. Tesla’s Giga Shanghai plant has been recovering since the lockdown during Q1. Depending on the market views on the degree of the recovery, it could trigger a large price movement. Furthermore, according to the China Passenger Car Association's (CPCA)most recent data, the total TSLA volume amounted to 32,165 units for May. Still not on par with its best days, but it is only 4% less than a year ago. At the same time, global shipping data also shows signs that the supply chain disruptions are easing.Even if the surprises are correctly anticipated, it is only the beginning. It’s even harder to predict how the market responds to such surprises, which brings me to some actionable ideas. To me, the market never seems to learn its Musk lesson and habitually underestimates its price volatility, creating an opportunity for using option investors either for hedging or for profiting. The options market’s implied volatility for TSLA is about 60% to 63% for options expiring in Jan 2023. To put things into perspective, the implied volatility for the NASDAQ 100 index (represented by QQQ) is about 30%. So the market views TSLA volatility to be only about 2x above the NASDAQ 100 index. But in reality, TSLA stock prices easily fluctuated more than 10x on a daily basis than QQQ, as we will see toward the end of the article.Potential Q2 surprisesSeveral key cities in China, most notably Shanghai, have been in lock mode due to the resurgence of COVID cases early in the year. As a result, production at its Shanghai Gigafactory has halted for 22 days (from March 28 to April 19). After the lockdown has ended, TSLA has been restoring the production of its Shanghai factory. According to this report, its Shanghai production has recovered to 70% of its pre-lockdown output level as of May 23. The new development since May 23 could be a source of major surprise during the Q2 earnings report.My forecast is that the surprise will be on the positive side for two reasons. First, according to the latest data from the China Passenger Car Association (\"CPAA\"), the supply side has improved significantly since April, and the country's automobile production capacity to fully recover in the next few months. You can see how miserable the April month is for TSLA in the chart below and see how the May month has recovered almost fully to the level a year ago.Second, beyond China, there are also signs that the global supply chain congestion is easing. According to Drewry’s data shown in the chart below, the cost peaked above $10k in September 2021 and staged another smaller hike in late 2021. The shipping cost has been keeping declining since then, signaling that the worst has passed. To wit, the composite World Container Index decreased by 0.7% to $6,998 per 40ft container this week. To broaden the view a bit more, when TSLA reported its Q1 earnings back in April, the composite World Container Index stood at $7874. And the current level of $6,998 is about 12% lower.InsideEVsDrewry’s dataMarket kept underestimating TSLA volatilityAs aforementioned, even if the above forecasts are correct, the market still could respond to such surprises in either direction. And this is where options may help investors. Buying and holding shares bets on the stock price only. But options give investors an additional knob to control their risks and profits – volatility.And my view is that the market underestimates TSLA volatility substantially, leading to a mispricing of its options. We will provide detailed numbers in the next section. Here let’s eyeball the data first and see if they pass a common-sense test. As you can see from the chart below, TSLA stock price experienced peak-to-trough fluctuations of 24.6% following the day of its 2021 Q4 ER on Jan 26, then another similarly wide fluctuation of 21.8% on its 2022 Q1 ER on April 20. Besides the earnings surprise, Elon Musk can also find a way to cause large price movements too. His Twitter poll about whether he should reduce his holdings or not in Nov 2021 serves as an example, causing again about 17% price fluctuations in a day.Such fluctuations are easily 10x more than the average daily fluctuations of QQQ, yet TSLA implied volatility is only about 2x higher than QQQ, as we will see next.Yahoo FinanceDetailed look at the optionsAs of this writing, TSLA’s near-the-money options with a $720 strike with an expiry of 1/20/2023 sell between $133 to $125 for calls and puts as you can see from the chart below provided by OIC. You can also see the implied volatility of about ~63%. Again, to me, this is a sizable underestimate.As of this writing, QQQ’s near-the-money options ($290 strike) with the same expiry sell with an implied volatility of about ~30%. Assuming investors have correctly figured out the implied volatility for QQQ (given its role as a major index), TSLA’s implied volatility is only about 2x higher than QQQ, but its real price fluctuations are much wider, especially during major events like earnings releases as argued above.As a matter of fact, TSLA’s implied volatility does not even capture its historical volatility as you can see from the second chart below. Due to the Musk factor alone, I would assume the options market would at least price its implied volatility on par with its historical volatility. Yet, its historical volatilities have surged above 80% several times in the recent past, yet it’s currently priced at an implied volatility of ~60% only.Source: oic.ivolatility.comSource: oic.ivolatility.comFinal thoughts and risksI see good chances that TSLA can deliver positive surprises during its Q2 earnings report. The main considerations are the recovery on the China front and signs that the global supply chain disruptions are easing. For investors who do not want to bet on the direction of the surprises, but only on the magnitude of the surprises, I see an option play as a viable strategy here given the mispricing of its volatility.And finally, risks. Given that this article’s focus itself is on the surprises (codeword for uncertainties/risks), I will not ramble about other risks TSLA is facing anymore. I will just emphasize the risks associated with the use of options here. Options (either calls or puts) can limit risks in terms of the absolute dollar amount. But it is riskier in relative terms because it is a leverage play in essence. Actual stock price movements translate into magnified movements in option prices, and you can lose 100%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9087604040,"gmtCreate":1651008339495,"gmtModify":1676534829988,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hope to see that soon!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hope to see that soon!","text":"$Tesla Motors(TSLA)$Hope to see that soon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087604040","isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075577671,"gmtCreate":1658236530493,"gmtModify":1676536126052,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Up upp","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Up upp","text":"$Tesla Motors(TSLA)$Up upp","images":[{"img":"https://community-static.tradeup.com/news/5ae31722fb84fe445bf5483ccff421b5","width":"1170","height":"3185"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075577671","isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9027879227,"gmtCreate":1654015615469,"gmtModify":1676535378927,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Yes!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Yes!","text":"$Tesla Motors(TSLA)$Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027879227","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021017858,"gmtCreate":1652973752574,"gmtModify":1676535199784,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Nice ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Nice ","text":"$Apple(AAPL)$Nice","images":[{"img":"https://community-static.tradeup.com/news/fe9ec1c5826a11daf2229ea6645930cd","width":"1125","height":"2702"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021017858","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9074789772,"gmtCreate":1658411255896,"gmtModify":1676536154438,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Upp","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Upp","text":"$Tesla Motors(TSLA)$Upp","images":[{"img":"https://community-static.tradeup.com/news/92557e1954b1e2eb4b914b9a90c8fd33","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074789772","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9052571235,"gmtCreate":1655199074027,"gmtModify":1676535580750,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>130","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>130","text":"$Apple(AAPL)$130","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052571235","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059848434,"gmtCreate":1654341713128,"gmtModify":1676535433811,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059848434","repostId":"2240777362","repostType":2,"repost":{"id":"2240777362","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1654322042,"share":"https://ttm.financial/m/news/2240777362?lang=&edition=fundamental","pubTime":"2022-06-04 13:54","market":"us","language":"en","title":"Amazon Stock Is Splitting to $122, Trading Starts Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2240777362","media":"Dow Jones","summary":"Don't panic when you see the first trade in Amazon.com shares on Monday.Back in March, Amazon announ","content":"<html><head></head><body><p>Don't panic when you see the first trade in Amazon.com shares on Monday.</p><p>Back in March, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> announced a 20-for-1 stock split, which is now being implemented. With the start of the new trading week, each Amazon share becomes 20 shares. The stock, which on Friday dropped 2.5% to $2,447, should open Monday with a price of about $122. Amazon's share count will jump from 509 million to 10.2 billion.</p><p>To be clear, this isn't a case of getting something for nothing. It's comparable to exchanging a $20 bill for 20 singles.</p><p>But the split could provide some benefit to the stock. For one thing, it makes the shares more accessible to small investors. Also, as Barron's has noted before , the split opens the door to potential inclusion of Amazon shares in the Dow Jones Industrial Average. Adding high-price shares to the Dow is problematic because the index is weighted according to price, so the same percentage change in a high-price stock moves the index more than for a low-price one.</p><p>This is the fourth time Amazon has declared a stock split since it went public in 1997, but the first in more than two decades. The other three splits were all within 15 months in the heart of the internet bubble period: 2-for-1 in June 1998, 3-for-1 in January 1999, and 2-for-1 in September 1999.</p><p>Google's parent, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> has declared a 20-for-1 split as well, That one takes effect in mid-July. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> have indicated plans for splits, but have provided no detail on the ratios or timing. Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> completed a 4-for-1 split in 2020.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock Is Splitting to $122, Trading Starts Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock Is Splitting to $122, Trading Starts Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-04 13:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Don't panic when you see the first trade in Amazon.com shares on Monday.</p><p>Back in March, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> announced a 20-for-1 stock split, which is now being implemented. With the start of the new trading week, each Amazon share becomes 20 shares. The stock, which on Friday dropped 2.5% to $2,447, should open Monday with a price of about $122. Amazon's share count will jump from 509 million to 10.2 billion.</p><p>To be clear, this isn't a case of getting something for nothing. It's comparable to exchanging a $20 bill for 20 singles.</p><p>But the split could provide some benefit to the stock. For one thing, it makes the shares more accessible to small investors. Also, as Barron's has noted before , the split opens the door to potential inclusion of Amazon shares in the Dow Jones Industrial Average. Adding high-price shares to the Dow is problematic because the index is weighted according to price, so the same percentage change in a high-price stock moves the index more than for a low-price one.</p><p>This is the fourth time Amazon has declared a stock split since it went public in 1997, but the first in more than two decades. The other three splits were all within 15 months in the heart of the internet bubble period: 2-for-1 in June 1998, 3-for-1 in January 1999, and 2-for-1 in September 1999.</p><p>Google's parent, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> has declared a 20-for-1 split as well, That one takes effect in mid-July. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> have indicated plans for splits, but have provided no detail on the ratios or timing. Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> completed a 4-for-1 split in 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240777362","content_text":"Don't panic when you see the first trade in Amazon.com shares on Monday.Back in March, Amazon announced a 20-for-1 stock split, which is now being implemented. With the start of the new trading week, each Amazon share becomes 20 shares. The stock, which on Friday dropped 2.5% to $2,447, should open Monday with a price of about $122. Amazon's share count will jump from 509 million to 10.2 billion.To be clear, this isn't a case of getting something for nothing. It's comparable to exchanging a $20 bill for 20 singles.But the split could provide some benefit to the stock. For one thing, it makes the shares more accessible to small investors. Also, as Barron's has noted before , the split opens the door to potential inclusion of Amazon shares in the Dow Jones Industrial Average. Adding high-price shares to the Dow is problematic because the index is weighted according to price, so the same percentage change in a high-price stock moves the index more than for a low-price one.This is the fourth time Amazon has declared a stock split since it went public in 1997, but the first in more than two decades. The other three splits were all within 15 months in the heart of the internet bubble period: 2-for-1 in June 1998, 3-for-1 in January 1999, and 2-for-1 in September 1999.Google's parent, Alphabet has declared a 20-for-1 split as well, That one takes effect in mid-July. Tesla $(TSLA)$ and GameStop $(GME)$ have indicated plans for splits, but have provided no detail on the ratios or timing. Apple $(AAPL)$ completed a 4-for-1 split in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954963583,"gmtCreate":1675932098644,"gmtModify":1675933325780,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>yes","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>yes","text":"$Tesla Motors(TSLA)$ 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Engine] Amazon! take me to the Moon !🚀🌕🌕","htmlText":"Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exce","listText":"Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exce","text":"Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook.$Amazon.com(AMZN)$ Amazon's net sales in the second quarter were $121.234 billion, an increase of 7% over the same period last year. This was an increase of 10% over last year, excluding the impact of exchange rate changes. This exceeded analysts' expectations of US $119.528 billion. A net loss of 2.028 billion US dollars was reported, compared with a net profit of 7.778 billion US dollars in the same period last year; Diluted loss per share was $0.20, compared with diluted earnings of $0.76 a share in the same period last year, which was lower than analysts had expected.Revenue exce","images":[{"img":"https://static.tigerbbs.com/180e4a5f864f84c643ed7b9a2af14853","width":"2076","height":"1322"},{"img":"https://static.tigerbbs.com/4cd8f2e1b5a6576f6f66403b61bccf11","width":"1188","height":"660"},{"img":"https://static.tigerbbs.com/7df10a1a2d13e510f6c5a6ec7682c52d","width":"646","height":"590"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901011726","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903246181,"gmtCreate":1659049910543,"gmtModify":1676536248218,"author":{"id":"3582891281990954","authorId":"3582891281990954","name":"RayAsuna","avatar":"https://community-static.tradeup.com/news/1febb82e781f829552f2a1a9bd692d75","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582891281990954","idStr":"3582891281990954"},"themes":[],"htmlText":"<a 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it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099140531","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}