Three ways to trade a top in Tesla

Before selling off yesterday, Tesla hit a record high of $1,794.99 per share.  The firm is larger than Coca-Cola, Pfizer, AT&T, and Disney (based off market cap)… If you think its price has shot up too far and too fast… You’re not alone.  Heck, just last week I...

Would you short big tech right now?

It took the NASDAQ nearly two decades to recover after the dot com bubble burst.  Despite the economy being in the dumps and a pandemic which is showing no signs of ending anytime soon… The NASDAQ is at record highs again.   Are many of the stocks listed in the...

Elon Musk and Warren Buffet walk into a bank…

Warren turns to Elon and says, “I own this place. Bought it back in 2008. Made me a lot of money.” Elon looks at Warren. “That’s neat. But you know what the difference is between you and me?” “What’s that,” says Warren. “About $1.3B.” According to the Bloomberg...

This is how I made $150,000 in Tesla

I’ve got a great lesson for you. Last week I managed to pull in $150,000 in profits trading Tesla intraday.   Total Alpha members got to watch me trade this in real-time! *Please see disclaimer below   It ranks as one of my top trades of all-time.  That...

How Time Decay Affects Your Options

When I sell options, I want the contracts to expire worthless, plain, and simple. You see, I get paid a credit to put the trade on. And I want to keep as much of that credit as possible. Typically, time decay works for me when I sell options, gnawing away at the...