Electric vehicles have been all the rage lately in the stock and options market. NIO (NIO) has been no exception to this. The company is sometimes called the “Tesla of China” and actually has $1 billion worth of sales already. However, the huge run up in the stock price gave NIO an extremely high valuation, […]
Electric Cars
Trading Options On The “Next Tesla”
In a year of unpredictable market action, perhaps the most eye-opening moves are occurring in electric vehicle (EV) stocks. EV companies like TSLA are all the rage right now. Just about any stock that has some relationship to electric vehicles sees a ton of action (in the stock and the options). Just look at what […]
Trade of the Week: TSLA
Another week, another record high for Tesla (TSLA), which continues to be on a tear. Electric vehicle companies have been the most popular picks for investors lately, led by TSLA. The electric vehicle powerhouse has gone from $1,000 per share to over $1,500 in just a few weeks. The euphoria surrounding the industry is partly […]
Betting Against TSLA Has Failed and Failed and Failed Again
Last Sunday, TSLA CEO Elon Musk tweeted out the message, “Limited edition short shorts now available,” with a picture of red satin shorts. Ouch! This was classic Elon, and I mean that for good and for bad. The message was an obvious joke at the expense of Tesla “shorts,” meaning those who had bet against […]
TSLA, NKLA, PLUG: Which Clean Energy Play is the Best For Traders Right Now?
It’s no secret that investors are always looking for the next big thing in the stock market. New tech and renewable energy ideas are particularly popular… which is why you’ll often see companies with little or no revenue trading at high valuations. It’s all about the potential. Of course, that doesn’t mean a company is […]
Trading The Next Tesla
One of the more exciting stocks for options traders to trade on is Tesla (TSLA). The electric car and battery company has been volatile basically since its inception. That makes for excellent opportunities for options traders, but also a fair amount of risk. TSLA is essentially a cult stock. There are some investors who love […]
The Three Clean Air Stocks Thriving During the Pandemic
Silver linings. We’ve all been looking for them. I have to stay home… but I get to walk the dog (or play with the cat) more, reconnect with family, catch up on reading (or Netflix (NFLX)), and finally try out meditation or journaling. One of the silver linings emerging from the global situation, not only […]