Cardboard Posted August 20, 2019 Share Posted August 20, 2019 He has had some success in the past year at selling covered calls and now he is looking into this strategy. He is using mostly technicals and buying into high tech. I suspect that he read about this strategy on some forum and now wants to try it out. My recommendation was to try it on something that he would not mind being stuck with long term such as a GOOG or SPY and of much better quality/financial strength/valuation than this POS led by a fool. However, I suspect that the attraction is the size of the money coming in with the sale of calls with high implied volatility. Cardboard Link to comment Share on other sites More sharing options...
SHDL Posted August 20, 2019 Share Posted August 20, 2019 Sounds like I read too much into this. I generally agree with the advice that others have given so far. One additional idea — given that he is bullish, sounds like he wants to short vol, and is likely better off with a strategy that has reasonably limited maximum downside — might be to look into something like a bull put spread. Link to comment Share on other sites More sharing options...
A Dhandho Investor Posted August 20, 2019 Share Posted August 20, 2019 Walmart sues Tesla over fires linked to rooftop solar panel systems: https://www.google.be/amp/s/mobile.reuters.com/article/amp/idUSKCN1VA26B Link to comment Share on other sites More sharing options...
JRM Posted August 20, 2019 Share Posted August 20, 2019 Sounds like I read too much into this. I generally agree with the advice that others have given so far. One additional idea — given that he is bullish, sounds like he wants to short vol, and is likely better off with a strategy that has reasonably limited maximum downside — might be to look into something like a bull put spread. but then you miss out when it goes to $6000 per share. You could buy some calls with your proceeds from selling the put spreads. not a strategy I would employ with Tesla, but to each his own. Link to comment Share on other sites More sharing options...
SHDL Posted August 20, 2019 Share Posted August 20, 2019 You could buy some calls with your proceeds from selling the put spreads. Bullish - check Short vol - check Limited downside - check UNLIMITED upside all the way to the moon Mars - check Link to comment Share on other sites More sharing options...
Cardboard Posted August 21, 2019 Share Posted August 21, 2019 What a great company this is. Must be the short sellers once again: https://www.cnbc.com/video/2019/08/20/walmart-sues-tesla-after-solar-panels-on-stores-catch-fire.html Like I told my friend: if you were to consider buying a Tesla would you request one built in the plant or one in the tent? Cardboard Link to comment Share on other sites More sharing options...
A Dhandho Investor Posted August 21, 2019 Share Posted August 21, 2019 What a great company this is. Must be the short sellers once again: https://www.cnbc.com/video/2019/08/20/walmart-sues-tesla-after-solar-panels-on-stores-catch-fire.html Like I told my friend: if you were to consider buying a Tesla would you request one built in the plant or one in the tent? Cardboard You also have to consider this: if this is how they treat their biggest customers (like the German car rental company you referred to in your earlier post), how do you think they treat their smaller customers? You can find the lawsuit here: https://www.plainsite.org/dockets/40v40ia2y/supreme-court-of-the-state-of-new-york-new-york-county/walmart-inc-fka-walmart-stores-inc-v-tesla-energy-operations-inc-fka-solarcity-cor/ Some interesting tidbits: The number of defects, however, is overwhelming and plainly indicative of systemic, widespread failures by Tesla to meet the standard of care, as set forth in the governing contracts, as to the solar systems installed at Walmart's stores. These visits revealed that Tesla had engaged in widespread, systemic negligence and had failed to abide by prudent industry practices in installing, operating, and maintaining its solar systems---conduct that greatly increased the risk of fire at Walmart sites. Indeed, Walmart quickly discovered that Tesla routinely deployed individuals to inspect the solar systems who lacked basic solar training and knowledge. Tesla's personnel did not know, for example, how to conduct inspections or how to use simple tools... Tesla also relied on drone fly-overs and other shortcuts when inspecting sites, rather than sending qualified and properly trained solar inspectors to physically inspect solar panel systems with appropriate equipment Despite Walmart's repeated requests over a 14-month period, Tesla refused to provide a single final root cause analysis until August 8, 2019, when it produced a purported final root cause analysis for the Beavercreek site. Link to comment Share on other sites More sharing options...
Foreign Tuffett Posted August 21, 2019 Share Posted August 21, 2019 Isn't everyone with a Tesla solar roof waking up this morning to learn that a significant fire hazard is sitting on top of their home or place of business? Also, I can't even imagine what something like this means for homeowners' policies. Probably way up once underwriters start factoring this in. Link to comment Share on other sites More sharing options...
Spekulatius Posted August 21, 2019 Share Posted August 21, 2019 I have a neighbor who bought a house with a Solarcity installation on his roof ( done before he bought the house), which is now leaking. He suspects the installation being the issue, since the roof is not that old. I don’t know what comes out of this, and it may be a one off, but also sounds like a pot. liability Tesla. I would be careful buying a house with solar cells on the roof. Link to comment Share on other sites More sharing options...
Aberhound Posted August 23, 2019 Share Posted August 23, 2019 Which is stupider? Sitting on high voltage dirty electricity right by your gonads or having it on your roof. The harm diminishes by the square of the distance so probably the electric car is worse. What is the difference with either and living next to high voltage power lines? I don't understand why anyone would expose a son to such harmful fields and risk his future "manliness" or worse if you expose your pregnant wife with your baby daughter in her womb and your granddaughter in the baby in the womb. The egg suffers the greatest harm as the egg has the least protection from the harmful field. The harm won't be seen to the granddaughter for about 25 to 35 years. Looks like a dramatic example that the sins of the father carrying through for two generations as the bible warns. The harm can be checked by conducting regular sperm viability tests and seeing if the rate of decline is greater than the 1% per year average decline US has had since the advent of the Iphone. The rate is 3% in China and parts of Europe. Consider the math and you can now predict when the fertility levels will start to plummet more precipitously. The risk is a perfect example of the failure to see latent risks describe in Taleb's book "Antifragile". Link to comment Share on other sites More sharing options...
dwy000 Posted August 23, 2019 Share Posted August 23, 2019 Any scientific back up for that? I would think every liability lawyer in the country would be involved if it were even remotely true. Link to comment Share on other sites More sharing options...
JRM Posted August 23, 2019 Share Posted August 23, 2019 There is science to support the negative effects of high frequency radiation from cell phones and wireless communication equipment. There's a Harvard professor warning about the negative health impacts of 5G. As far as high voltage, low frequency (60 Hz), you would think it would be easy to study workers from power plants and electrical transmission systems for the past 100 years and compare to the average population. I don't know if such a study has been done, but I do know there are no work restrictions limiting time in high voltage potential fields. Link to comment Share on other sites More sharing options...
Dynamic Posted August 23, 2019 Share Posted August 23, 2019 Hmm, there is a tiny bit of science showing possible low risks from non-ionising electromagnetic waves, and it's almost certainly statistical noise. The big study most often quoted showed it was only above the threshold of statistical significant for male rats, not female rats, not male mice, nor female mice that were among the different groups tested, and these rats and mice were lab breeds specially bred to retain a high propensity to develop cancer that is not common in the wild. They are not humans and they received a dose many orders of magnitude larger than cellphone users or those living near radio transmitters. This result is highly suggestive of statistical noise happening to exceed the 'threshold of significant', so the overwhelming weight of evidence is that there's nothing to worry about. https://www.livescience.com/63996-cellphones-cancer-rats-ntp-study.html Epidemiologists and workplace safety experts have done long studies looking for higher rates of diseases among workers in various industries and this has led to little known and well known discoveries, from asbestosis to silicosis and far more besides that have resulted in changes to safe practice guidelines and rules over decades. This is a rich source of discovery, so you can pretty much be sure they'd have found correlations long ago if there were any, then worked to remove confounding variables and check dose-response relationships to verify causation. Link to comment Share on other sites More sharing options...
Cigarbutt Posted August 23, 2019 Share Posted August 23, 2019 I agree with Dynamic here but there may be more uncertainty than reported in present conclusions as it is work in progress. If you still believe in institutions, there exist current position statements that keep evolving. https://www.cancer.gov/about-cancer/causes-prevention/risk/radiation/electromagnetic-fields-fact-sheet The decreasing male fertility issue though is for real: definitely clear long-term trend in some populations. The association with exposure to 'electricity' is often mentioned but is mostly based on poor or esoteric science. A frequently cited study was done in the 90's, was retrospective in nature and mentioned that the fertility risk was related to using your phone (do you remember what those phones looked like?) more than 4 hours per day. From the start, it's likely to be a spurious correlation. Even if the correlation holds, can you think of a thousand correlated reasons why somebody using a phone for more than 4 hours per day would have his fertility curve decay faster? With known evidence, I would focus more on heat exposure as a risk factor because testicles seemed to be particularly sensitive to heat. So, I would not apply the smart phone directly on the genitalia and, if driving a Tesla, would suggest to put the air conditioning on. In terms of 'real' causes: smoking, excessive or regular alcohol intake, sedentary lifestyles are potential candidates but rising rates of obesity is also a potentially correlated variable and seems to show, in many studies, a dose-response relationship, at least J-shaped. -----) Back to Tesla Link to comment Share on other sites More sharing options...
Liberty Posted August 23, 2019 Share Posted August 23, 2019 There is science to support the negative effects of high frequency radiation from cell phones and wireless communication equipment. There's a Harvard professor warning about the negative health impacts of 5G. As far as high voltage, low frequency (60 Hz), you would think it would be easy to study workers from power plants and electrical transmission systems for the past 100 years and compare to the average population. I don't know if such a study has been done, but I do know there are no work restrictions limiting time in high voltage potential fields. Cite your sources, please. Link to comment Share on other sites More sharing options...
JRM Posted August 23, 2019 Share Posted August 23, 2019 https://www.wired.com/story/why-5g-makes-reconsider-health-effects-cellphones/ The YouTube video is a little long, but probably more compressive. Link to comment Share on other sites More sharing options...
Jurgis Posted August 23, 2019 Share Posted August 23, 2019 https://www.wired.com/story/why-5g-makes-reconsider-health-effects-cellphones/ IMO it's a great disservice for both climate change and electromagnetic radiation effect studies to lump them into a single article. The author should have compared 5G to killing kittens. Link to comment Share on other sites More sharing options...
Cigarbutt Posted August 23, 2019 Share Posted August 23, 2019 https://www.wired.com/story/why-5g-makes-reconsider-health-effects-cellphones/ The YouTube video is a little long, but probably more compressive. Disclosure: I spent a very short time on the video as sufficient red flags came up very rapidly (so there is a clear risk {very low IMO} that I'm missing something) so this is really a fascination about things I don't understand and how there might be a link with the present investment climate and the Tesla 'story'. Mr. Pall, BTW, is a specialist in electrical hypersensitivity (a very interesting topic by itself) and predicted last year that humanity would collapse within 5 to 7 years related to 5G technology deployment. http://www.stopsmartmetersbc.com/martin-pall-predicts-end-of-humanity-in-5-7-years/ Of note, Mr. Sullivan, a known sufferer of the hypersensitivity issue, supports Mr. Pall's research and drives a Tesla. https://www.motherjones.com/environment/2017/01/silicon-valley-cellphones-wifi-sickness-emf-hypersensitivity/ It seems to me that a branch of climate science shares a lot of methodological tools with the hypersensitivity research (the bundling that maybe Jurgis refers to) and I'm looking for a comprehensive explanation reconciling how one can manifest hypersensitivity related to radiation while "sitting on high voltage dirty electricity right by your gonads'. :) Link to comment Share on other sites More sharing options...
Spekulatius Posted August 23, 2019 Share Posted August 23, 2019 Thanks for four work cigarbutt. It takes 10x more work to refute BS than to produce it. (Brandolini‘s law). That’s how BS survives. Link to comment Share on other sites More sharing options...
JRM Posted August 23, 2019 Share Posted August 23, 2019 FWIW, I'm not one of the conspiracy theorists. I was just replying that there was science in this area. I worked at a nuclear power plant for 9 years, so hopefully there are no ill effects from the high voltage EMF exposure. =) Link to comment Share on other sites More sharing options...
Cigarbutt Posted August 23, 2019 Share Posted August 23, 2019 FWIW, I'm not one of the conspiracy theorists. I was just replying that there was science in this area. I worked at a nuclear power plant for 9 years, so hopefully there are no ill effects from the high voltage EMF exposure. =) Your insightful follow-up with self-derision shows that you're not the type to go down the conspiracy alley. Apologies for the friendly jabs and I look forward to when our roles will be reversed. :) Link to comment Share on other sites More sharing options...
Aberhound Posted August 23, 2019 Share Posted August 23, 2019 Here are some readings to contemplate for those interested in the effects of high voltage dirty electricity surging near your gonads. Dr. Gerard Pollack's book 4th phase of water and the observations of what structures water (infrared light) and what destructures water heat (or microwaves which heat water). I suspect dissonant frequencies also destructure water as suggested by the cymatics experiments. Dr. John Apsley's book The Regenerative Effect has a part discussing the Korean researcher who demonstrated the Chinese Meridian system is composed of structured water conduits which he made visible by injecting radioactive dyes into volunteers on their death bed. The visible conduits disappear upon death which explains why autopsies have never found evidence of the meridian system in the tissues. Dr. Emotos work demonstrates water has a memory and the water memory affects health. This I suspect is a related reason why the dirty electricity is harmful. Presumably the high voltage dirty electricity and the wifi in the vehicle or your phone affects the structuring of the water in your structured water conduits of your meridian system affecting Qi flow. The theory might be checked by using a darkfield microscope. Labs with darkfield microscopes are available in most cities, some with computer monitors so you might monitor the health of your own blood. It would be interesting to mount one in a Tesla and use the screen to view an image of the blood so you could see the effect of the car in action. A disturbed Qi flow might explain the effect on semen health and motility. I find reading such books helpful especially if you can test the theories and implement them. After I read these books I changed bedrooms away from the smart meter and turned of the wifi and turned off EMF sources at night in my bedroom and started having hot saunas every 2 to 3 days usually drinking salty limeade (no sugar) first or simply drinking a lot of water first. I use the electrolytes because to structure water at body temperature must require electrolytes and probably other energetic factors since ordinary water is structured at 4 C and ceases being structured about 10 C. The goal is to maximize the structured water conduits, to improve the blood flow and to get the lymph moving to improve the blood. My heart disease improved significantly and more importantly you feel great after the sauna especially if you alternate hot sauna with ice cold showers and my sleep improved as well. I find that the emf and especially the wifi affects my melatonin cycle and I have read many scientific papers which have confirmed this effect. Link to comment Share on other sites More sharing options...
Spekulatius Posted August 23, 2019 Share Posted August 23, 2019 Sauna is great, regardless of electricity effects or not. FWIW, the magnetic field half a meter away of a wire with 100Amps of current is roughly equivalent to the magnetic field of the earth. Link to comment Share on other sites More sharing options...
Jurgis Posted August 23, 2019 Share Posted August 23, 2019 FWIW, the magnetic field half a meter away of a wire with 100Amps of current is roughly equivalent to the magnetic field of the earth. Living near Earth will make you shoot blanks. Link to comment Share on other sites More sharing options...
Spekulatius Posted August 24, 2019 Share Posted August 24, 2019 FWIW, the magnetic field half a meter away of a wire with 100Amps of current is roughly equivalent to the magnetic field of the earth. Living near Earth will make you shoot blanks. Tin foil hats doesn’t work, those in the know wear u-metal body suits. Link to comment Share on other sites More sharing options...
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