/biz/ - Business & Finance

>>30339985
TSLA is in a slow decline, hence the relatively far away expiration. And the fact that I was not sure about the exact timing. Also, I actually use it as a hedge against TQQQ, so it doesn't actually count.

However, I do believe Burry, that once TSLA starts underperforming the market, the speculators will sell. Then the inverse gamma squeeze on all the puts on it will start to take effect. Then the March rebalance of SP500 and big funds selling will be the final nail in the coffin, sending TSLA back to around 100 P/E. Which is still on the high side, but at least somewhat rational.
Also since they are coupled with ARK so much, they will have a positive feedback loop on eachother once this starts happening.

Also pic related is my absolute expert level TA on the topic. Only virgin technical analysts use straight lines.

>>30336201
That is absolute beginner level TA. Check out mine, it uses next level, curved meme lines. I predict TSLA will halt on Monday on the way down.

Also why be in all cash when you could be in SPACs at NAV, Oil or Banks. Just rotate when you would spend the cash.

>>30296802
NAh man, advanced memelines are not straight. Like you

I need some TA help. Am I doing my meme line correctly, or do they have to be straight?