PropNotes

It Might Be Time

Short
NASDAQ:TSLA   Tesla
Alright. Settle down. This is getting ridiculous. It might *actually* *finally* be time to begin looking at the put ladder a couple months out. I understand trend, and I understand momentum. I don't understand what fund is looking at this stock right now thinking "Yup. 50% CAGR growth for the next decade makes sense, and there's still room for upside!" The second tweet I quoted on the chart says it best. Get off of twitter and think for two seconds. None of this is normal, and certainly not in a "yup, so buy more!" kinda way. Don't get swept up in the madness of crowds and ring the register on some of your stuff if you're long.

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