To The Moon

$Tesla Motors(TSLA)$ It's Friday roll time again, and as I was comparing various data points to calculate a suitable call/put spread range for next week, a major block trade flashed across:Closing $TSLA 20240816 185 CALL$ - 41,800 lots for $110 million in premiumOpening $TSLA 20240816 200 CALL$ - 53,800 lots for $95.827MRegular readers know there has been a major institution selling calls at resistance levels against Tesla for the past two quarters.In Q1 they sold the 200 calls, in Q2 the 185 calls - sized in the tens of thousands of lots. For a capital force of this magnitude, it's hard to say if they predict f

🌟🌟🌟This is undoubtedly the Year of Big Tech led by $NVIDIA Corp(NVDA)$ which is up 173% year todate due to its dominant position in the specialised chips used in AI machine learning. Two thirds of the market gains since last year come from just a few companies - The Magnificent 7. They are $Amazon.com(AMZN)$ , Alphabet, $Apple(AAPL)$ $Meta Platforms, Inc.(META)$ Microsoft, Nvidia and Tesla. The valuations of the Magnificent 7 are trading at multiples of 35 t

" a lawsuit brought Thursday by the Cleveland Bakers and Teamsters Pension Fund and other investors asked. "No special rules apply to Tesla or Musk. Yet, at Tesla, the preposterous has become reality."For some investors, Thursday's vote was a referendum on whether they were OK with Musk's being essentially a part-time CEO of Tesla along with overseeing five other companies, including Twitter-turned-X."Tesla is Musk's liquid piggy bank, since it's publicly traded; his other companies are not," in