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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

yes I know it is a brutal day

and I know wall st hates tesla

and I know the conf call was another shit show

I at $180 I bought some Tesla calls, I did not sell puts as I want to preserve margin. 

When TSLA hit $180 I bought the March 2025 Calls for $57.  My breakeven is $207 14 months from now. 

The trend turned at 180 (again) and it is also confluent with the Layer 1 on LILO so I thought that was poetic.  

My goals are not your goals. 

I remind myself - I am playing the long game here. 


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Anonymous

I’m anticipating further downside/selling pressure over the coming days and as more investors in-jest the lack of growth in 2024. Based on charting I set LOs @ 170 and 152. They may not hit and that’s okay as my bags are packed. For me to have confidence the bottom is in I would like to see a bounce, retest of 180 and bounce to form a bottom. If that plays out I’ll add in the 180-190 range.

Anonymous

Hi peeps, noob question but why go for the March’25 options and not the Jan/June’26. I’m guessing the extra couple thousand $ wouldn’t be a major issue for James so and thoughts 👀