Meet the Tesla Bull

Published on
June 21st, 2019
Duration
6 minutes

Meet the Tesla Bull

Trade Ideas ·
Featuring Jerremy Newsome

Published on: June 21st, 2019 • Duration: 6 minutes

Jerremy Newsome of Real Life Trading makes his Real Vision debut in style with a controversial bet on Tesla. He says the chances of the stock going to 0 are extremely small, and suggests selling put options as a way to play his bullish thesis, in this interview with Jake Merl. Filmed on June 19, 2019.

Comments

Transcript

  • GM
    Gian M.
    31 July 2019 @ 13:18
    The final chart illustrating the payoff recommended by this naked put seller is very misleading. This type of chart is useful only for non-convex strategies but should not be used whenever contingent claims are involved.
    • JN
      Jerremy N.
      1 August 2019 @ 13:26
      Hi Gain. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • NA
    Nickle A.
    29 June 2019 @ 00:59
    Well described. Don’t hate the Tesla, hate yr stubborn ways.
    • JN
      Jerremy N.
      1 August 2019 @ 13:26
      BOOM! Totally agree!
  • N
    Norman .
    26 June 2019 @ 17:18
    Just another example of how bad the content is getting on Real Vision. I mean, where did you find this guy? C'mon Raoul...
    • JN
      Jerremy N.
      28 June 2019 @ 14:18
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:27
      Hi Norman. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) "this guy" delivered a winning trade for you, totally for free. Hope you took it and crushed it.
  • NL
    Niko L.
    26 June 2019 @ 12:12
    Different trade ideas are a good thing, even though you might think it's a bad one. But come on, this guest started the video by being a slick snake oil salesman and self promoting his own company for God's sake ... }:o)
    • JN
      Jerremy N.
      28 June 2019 @ 14:19
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:28
      Hi Niko. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • KK
    Konrad K.
    24 June 2019 @ 22:24
    Are we seriously discussing a trade idea that's gonna make him $800? Just get a job.
    • MT
      Mike T.
      25 June 2019 @ 10:17
      per tranche
    • KK
      Konrad K.
      26 June 2019 @ 19:22
      He said he's selling 2 contracts.
    • JN
      Jerremy N.
      28 June 2019 @ 14:20
      I Konrad. I didn't know the risk tolerance for those traders on this show. $800 for a FREE VIDEO that's sent to you isn't an absorbingly negative thing... is it? IF you want to play it with more contracts, just let me know. I'll be able to do that with ya since able to close these for a nice gain = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/
    • JN
      Jerremy N.
      1 August 2019 @ 13:28
      Hi Konrad. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) If you did 2 contracts or 200 ~ congrats! :-)
  • TD
    Theodore D.
    24 June 2019 @ 16:25
    My uncle bought Tucker Automobile stock. Visionary inventor
 Preston Tucker risked everything when he saw his 1948 automobile as a vehicle for change
    • JN
      Jerremy N.
      1 August 2019 @ 13:29
      Hi Theodore. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • NI
    Nate I.
    24 June 2019 @ 05:30
    As I write this, TSLA Jan $100 is $5 and Jan $90 is $4. You would be far better off selling a 100/90 spread. 1/9 is nearly 2x the return on risk than 5/95. I agree about the annual meeting, but I'm also old enough to recall that it was the same with "Kenny Boy" and his cronies at the Enron annual meeting. The turnstiles wouldn't be spinning off the hinges with executive departures if Tesla wasn't in very deep trouble. I wouldn't sell the Jan $100 put for less than $100.
    • JN
      Jerremy N.
      1 August 2019 @ 13:29
      Hi Nate. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • LS
    Lucas S.
    23 June 2019 @ 21:08
    Oh god
    • JN
      Jerremy N.
      1 August 2019 @ 13:29
      Hi Lucas. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • HK
    H K.
    23 June 2019 @ 20:37
    came for the curiosity, stayed for the comments
    • AC
      Andrew C.
      24 June 2019 @ 02:11
      Milton, how do I add more thumbs up to this?
    • JN
      Jerremy N.
      24 June 2019 @ 16:13
      HAHA! SAME! ;-)
    • JN
      Jerremy N.
      1 August 2019 @ 13:29
      Hi H K . It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • TR
    Travis R.
    23 June 2019 @ 06:43
    Tesla will not only survive, but dominate.
    • JN
      Jerremy N.
      24 June 2019 @ 16:13
      AGREED TRAVIS!!!! :)
    • JN
      Jerremy N.
      1 August 2019 @ 13:30
      TRAVIS!!!! My bull buddy! ;-) It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • JD
    John D.
    23 June 2019 @ 03:04
    The funny thing is.....I have a better idea of the people bullish on Tesla.....these folks are dumber than rocks. Selling puts? On a company that destroys capital? And your thesis is......Elon Musk? Does he shit gold bricks? The cult of personality is so strong. I can't wait for Tesla to blow up.
    • JN
      Jerremy N.
      24 June 2019 @ 16:13
      We shall see !
    • JN
      Jerremy N.
      28 June 2019 @ 14:22
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:31
      Hi John! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) Sorry to be 'dumber than rocks' - but I was absolutely correct. Stupid is as Stupid does, right? ;-)
  • DF
    David F.
    22 June 2019 @ 20:37
    The day I hear a Tesla bull not using the word "visionary" as part of their case, I might even pay some attention. If this is the best you could find on the bullish side,. I guess I'll have to buy more puts
    • JN
      Jerremy N.
      28 June 2019 @ 14:22
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:32
      Hi David! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) Sorry that you bought more puts and lost big. I did my best to help people see the bullishness coming on this trade. :)
  • KS
    Kapil S.
    22 June 2019 @ 18:08
    This is a joke right? The best trade idea that came from this is to take the other side of anything this guy does.
    • JN
      Jerremy N.
      28 June 2019 @ 14:22
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:54
      Hi Kapil! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) Sorry that you bought those puts that were sold to you and lost big. I did my best to help people see the bullishness coming on this trade. :)
  • DJ
    David J.
    22 June 2019 @ 16:49
    The risks associated with trying to make $800 on this naked put are huge, pour job at explaining how negatively convex this trade is, stomaching this trade as it goes against you isn’t worth it even if TSLA trades above $100 @ expiration. Wait til a $250 test and sell an OTM call spread to finance a Later dated PUt is a trade I will put on given the opportunity
    • JN
      Jerremy N.
      28 June 2019 @ 14:22
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:55
      Hi David! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • SP
    Stephen P.
    22 June 2019 @ 11:43
    $800 on $2000 cash secured is 4% for 7 months or about 7% per annum. Seems a strange way to try to earn 7% annualized.
    • JN
      Jerremy N.
      28 June 2019 @ 14:23
      7% annualized... PRETTY GOOD. BUT, I'm sure you already know, we have the ability to buy to close these put sales as early as we want to capture the premium faster. Like I'm doing on these ... SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:55
      Hi Stephen! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • DG
    Daniel G.
    22 June 2019 @ 09:20
    @Jeremy - I'm new to investing but suggesting that the only meaningful downside risk to Tesla is loss of the CEO, regardless of your outlook on the company, seems very dangerous. I expect more from Real Vision and by association, you. I've learned so much from Real Vision videos but in this one I learned you are bullish on Tesla and nothing more. I did not learn why you are bullish. What is your process? What factors are limiting downside risk? How are the probabilities weighted? etc. I, as a complete amateur, could have come on Real Vision and said the exact same things without anywhere near your experience or knowledge - which is what I am here for. Do better!
    • DF
      David F.
      22 June 2019 @ 20:40
      The guy has like 10 minutes of experience in the market and claims to be an expert (I guess you must be to teach other people... unless you just want to rip them off) in all markets and instruments. You as "a complete amateur" probably are way better trader/investor than him. At least you're humble enough to know where you stand.
    • JN
      Jerremy N.
      28 June 2019 @ 14:31
      Hi Daniel! Thank you for the kind feedback. #1 Trading is easy man. :-) You don't have to have a MASSIVELY complex thesis as to why you are bullish. It can be obvious an apparent. It doesn't have to be an insane secret. Example ~ ticker SHOP. 2 simple reasons in my opinion this stock is crushing. Number 1, it's a great product and easy to use and sell. Number 2, it's a Canadian tech company [one of the first big names in a LONG TIME] to come out of Canada. So Canadian funds and ETF's that needed good tech exposure were buying HEAPS of SHOP. And caused a strong run. :) Regarding TSLA, this trade takes advantage of volatility. All I'm doing is selling insurance to the bears. It's a probability based trade. I'm simply 'betting' that TSLA won't drop over 50% in 6 months. The 100 simple moving average on the monthly chart is a strong support. Which is at $191.12. That will be a good support as well. Also, TSLA has a LOADS of short interest. Meaning tons of people are in bearish. As it goes lower, those bears will lock in profit. How do they lock in gains? They buy to cover. This could easily keep TSLA from dropping super hard / super fast. Those are a few additional reasons and rationals. If you want a video on put sales (it's totally free) watch this one. https://www.youtube.com/watch?v=n4zYikI5VJI and let me know if this helps with this strategy. ALSO, buying to close the TSLA $150 puts for July for a nice gain. https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/
    • JN
      Jerremy N.
      1 August 2019 @ 13:56
      Hi Daniel! It's ME! Jerremy. [The guy with 10 mins of experience]. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • MS
    Marcio S.
    22 June 2019 @ 08:53
    Seriously???? I understand realvision wants to bring diverse points of view, but this is the worst trade recommendation ever!
    • JN
      Jerremy N.
      28 June 2019 @ 14:35
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:56
      Hi Marcio! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • JH
    Jason H.
    22 June 2019 @ 06:24
    Oh come on? This chart is in a dead cat bounce and it may even be over, frankly, I expected higher but it is not looking great. You want more evidence of a trend break or a better-looking base before you got long this thing! JMO.
    • JN
      Jerremy N.
      28 June 2019 @ 14:36
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:56
      Hi Jason! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • IZ
    Ignacio Z.
    22 June 2019 @ 02:59
    What a great world be live in......
    • JN
      Jerremy N.
      22 June 2019 @ 03:58
      I 100% agree! SOOOO incredible! :-)
  • SU
    Shakeel U.
    21 June 2019 @ 23:57
    Jerremy fundamentals was Elon Musk speech. Reminds me of my favourite film - Dumb and Dumber
    • JN
      Jerremy N.
      22 June 2019 @ 03:58
      LOVE that move. Humor that has stood the test of time. :)
    • JN
      Jerremy N.
      1 August 2019 @ 13:56
      Hi Shakeel! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • TP
    Tim P.
    21 June 2019 @ 22:56
    It’s like stealing candy from a baby.
    • JN
      Jerremy N.
      22 June 2019 @ 03:58
      ;-) TOTALLY AGREE!!!
  • TT
    Trenton T.
    21 June 2019 @ 21:38
    5 minutes of my life gone. Bull thesis: "but Elon Musk is a visionary. In my opinion, he's probably one of the smartest if not the smartest person on Wall Street today." Newsflash, Elon is the CEO of a public company in Fremont, CA. But he is no "person on Wall Street".
    • JN
      Jerremy N.
      22 June 2019 @ 04:02
      Well, In order to be a public company, one has to be listed through an exchange (which will run through Wall Street.) Secondly, he was also one of the MAIN creators of PYPL. Where he made BILLIONS. These companies, and Elon Musk absolutely have a very direct and key impact on Wall Street. Without mentioning, he owns a large portion of TSLA shares (which are also traded through the Nasdaq exchange). The NASDAQ MarketSite (or simply MarketSite) is the commercial marketing presence of the NASDAQ stock market. Located in Times Square in New York City, it occupies the northwest corner of the bottom of 4 Times Square. So, I guess you are right. It wouldn't be Wall Street would it? Maybe then just Times Square.. ;-)
    • JN
      Jerremy N.
      1 August 2019 @ 13:57
      Hi Trenton! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • CB
    CHRISTOPHER B.
    21 June 2019 @ 20:41
    "Elon is a visionary," etc. is not a process. It's worse than no process. It's dumb. "$420. Funding secured."
    • JN
      Jerremy N.
      22 June 2019 @ 04:03
      PYPL The Boring Company SPACE X TSLA Zip 2 Neural Link ........ and flame throwers. HE IS Iron Man.
    • CL
      Chris L.
      22 June 2019 @ 06:01
      Jeremy, real quick...how many companies you listed was he forced out of? And which one actually makes money? (Hint: he's no longer there).
    • PS
      Paul S.
      22 June 2019 @ 23:51
      Boring Co! hE iNvEntEd tHe sUbwAy
    • JN
      Jerremy N.
      28 June 2019 @ 14:38
      Chris L. Zip 2 ~ sold almost 20 years ago. PYPL, arguably "forced out of" but PYPL is a KILLER company, amazing stock ,GORGEOUS ROI for share holders and Elon cashed in billions on this company. And... those are the only 2 he's out of right now, from the list.. : )
    • JN
      Jerremy N.
      1 August 2019 @ 13:57
      Hi team! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • RT
    Rune T.
    21 June 2019 @ 19:11
    First I was like *lol*... but then I was like *LOL*... I wish him good luck though.
    • JN
      Jerremy N.
      22 June 2019 @ 04:04
      Thank you. :-) I'll let you know how it turns out!
    • JN
      Jerremy N.
      1 August 2019 @ 13:57
      Hi Rune! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • DR
    David R.
    21 June 2019 @ 18:48
    That was funny thank you!
    • JN
      Jerremy N.
      22 June 2019 @ 04:04
      My pleasure. I'll let you know how it turns out!
    • JN
      Jerremy N.
      1 August 2019 @ 13:57
      Hi David! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • KW
    K W.
    21 June 2019 @ 18:47
    I give it a thumbs up because this is a blow up awaiting to happen. I am going to follow this guy on Twitter and grab my popcorn and enjoy the shit show.
    • KW
      K W.
      21 June 2019 @ 18:50
      BIggest risk to his thesis is himself.
    • JN
      Jerremy N.
      22 June 2019 @ 04:04
      HECK YES! Thanks for the follow! I'll post my updates on this trade fairly often on TWTR. :-)
    • JN
      Jerremy N.
      28 June 2019 @ 14:39
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:57
      Hi Joe! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) Message me on TWTR if you want as well. :)
  • MC
    Minum C.
    21 June 2019 @ 18:08
    Selling naked volatility on TSLA? What could possibly go wrong? There are about half a dozen Mike Green conversations on RV that need to be watched and re-watched before putting on this type of trade. In the example provided, the maximum loss is US$20,000. Maximum gain is the put premium. Not exactly compelling risk-reward. Also buying a put won't protect you if the stock gaps down through your planned strike price. The put spreads don't look half bad, but here I am being a bear again.
    • JN
      Jerremy N.
      22 June 2019 @ 04:08
      Also buying a put won't protect you if the stock gaps down through your planned strike price. 'IT will if I buy it ABOVE the strike I sold. Especially if it's shorter term. Shorter term options can increase faster than the longer term options. You are 100% correct. The R:R on option selling is NEVER 'compelling'. But the % are very very high. This trade (mathematically) has a 94% chance of working out. Delta is .06. I'll keep you updated on this one. VERY confident. And, worst case, I'll own TSLA at $95 dollar cost average..? ;-)
    • JN
      Jerremy N.
      28 June 2019 @ 14:39
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:58
      Hi Minum! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • BW
    B W.
    21 June 2019 @ 17:41
    This does nothing to highlight the value of a Real Vision subscription.
  • sk
    sushen k.
    21 June 2019 @ 15:45
    Selling a put option at 50% below spot makes one a bull? A real bull would buy a call and not sell insurance. To me a bull would take a view that Tesla stock is going higher from current levels and not take a view that stock won’t fall more that 50%.
    • JN
      Jerremy N.
      22 June 2019 @ 04:09
      Arguments to be made either way. It's a bullish position. I didn't say anything about potentially turning this into a Synthetic long... but I MIGHT! :-D This is a bottom on this company.
    • JN
      Jerremy N.
      28 June 2019 @ 14:39
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:58
      Hi sushen! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • OC
    Otto C.
    21 June 2019 @ 15:38
    Jack of all trades, master of none!!! Selling 7-months Puts on Tesla? I rest my case.
    • JN
      Jerremy N.
      22 June 2019 @ 04:09
      We shall see!! :-)
    • JN
      Jerremy N.
      28 June 2019 @ 14:39
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:58
      Hi Otto! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • PC
    Philip C.
    21 June 2019 @ 14:21
    Elon Musk is intelligent, witty, and a visionary. But he does not strike me as being a good CEO. I would feel happier about Tesla if he were something like Director of Technology, and a hard-headed, disciplined business person with experience of the manufacturing industry were in the role of CEO. The main issue with Tesla is: can it start to make a profit and become cash flow positive before it runs out of money? Up until now, investors have been very patient and have bought the bond issues and tolerated the share dilution. If profits do not materialize soon, patience will run out, a financial restructuring will be needed, and the existing shareholders will get a severe wedgie.
  • DP
    Devraj P.
    21 June 2019 @ 14:17
    Omg 😮 folks from YouTube school now? No credibility
    • JN
      Jerremy N.
      22 June 2019 @ 04:13
      Omg 😮 folks from YouTube school now? YouTube has a school?!??! No credibility Well, I've been trading for 11 years. Eh, we will see man... we will see.... the math probabilities on this one have me winning 94% of the time. =) Also... this isn't the FIRST time I've done this. Here are a few others https://s3.tradingview.com/b/BLRkOjaw_mid.png https://s3.tradingview.com/a/A4DLwWDc_mid.png https://s3.tradingview.com/9/921Oqwff_mid.png https://s3.tradingview.com/f/FtaXF0J4_mid.png https://s3.tradingview.com/0/0R2UZOFK_mid.png https://s3.tradingview.com/x/XU7uTej1_mid.png https://s3.tradingview.com/h/hy4W0HAR_mid.png https://s3.tradingview.com/s/sH7ZezFZ_mid.png https://s3.tradingview.com/g/g3A6nNYM_mid.png THEY have ALL worked by the way. Go back and check. :-)
    • JN
      Jerremy N.
      1 August 2019 @ 13:58
      Hi Devraj! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • AK
    Arthur K.
    21 June 2019 @ 14:13
    Margin ? Option is up to $5.25 today so that is 5.25 % return for 211 days.
    • JN
      Jerremy N.
      22 June 2019 @ 04:13
      Pretty solid, right?!
    • AK
      Arthur K.
      22 June 2019 @ 18:29
      Don't like the risk/reward. Good Luck !
    • JN
      Jerremy N.
      28 June 2019 @ 14:40
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:59
      Hi Arthur! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • YB
    Yair B.
    21 June 2019 @ 12:57
    Thank you for bringing a Tesla bull! His case is based on two ideas: A. $TSLA will not drop $120 in the next 7 months. We've seen that happen in the past so I am not sure that is such a strong case. B. Elon Musk = Tesla. If that's the bull case, it is not a case. Staying short $TSLA.
    • WY
      Will Y.
      21 June 2019 @ 17:49
      just bought more Jan $100 puts.
    • JN
      Jerremy N.
      22 June 2019 @ 04:13
      Right on. We shall see who wins... WHO KNOWs.. :)
    • JN
      Jerremy N.
      28 June 2019 @ 14:40
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 13:59
      Hi Yair! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-) Short you are short TSLA. I TRIED!
  • MT
    Mike T.
    21 June 2019 @ 11:01
    I would like to give Mr Newsome a big thumbs up for his approach. I don't view all the RV Trade videos, but this is a first for me to find someone on RV advocating short premium option trading. If one puts in the time, in my case over 14 months of daily total immersion in the subject to become proficient at a basic level, still much to learn, if one is able to grips with short premium trading then the prize at the end being: 1. the option market itself shows the short premium trader where the best opportunities are to be found. 2. no need for stock tips, subsription newsletters, can totally ignore the news, and most importantly absolutely no need for Technical Analysis and charts to find opportunity. 3. In my own trading I stick to underlyings with highly liquid option markets 4. completely agnostic on what underlyings I trade. TSLA btw has been a wonderful trading vehicle for short premium option trading for a long time. 5. at entry most trades are directionally agostic 6. if and when a position starts to go bad, and most will at some point in time, being short premium ie credit's received at opening, there are a whole range of adjustment techniqes all of which receive yet more $$$ credits to keep the position going.
    • MT
      Mike T.
      21 June 2019 @ 11:07
      and one last thing, another big benefit of the approach outlined above, by definition short premium positons always have time decay (+'ve Theta) working in their favour.
    • YB
      Yuriy B.
      21 June 2019 @ 20:36
      Mike, I agree that the perma-bear culture of RealVision has muzzled any discussion of the positives of such a strategy. Can you point toward a resource for beginners on this topic?
    • MT
      Mike T.
      21 June 2019 @ 21:15
      Yuryi ask the folks at RV for my details then contact me direct and I'll pass on some thoughts. In the meantime please be assured I'm an individual investor/trader with no relationship with any investment companies or people selling something i.e. I'm just a nobody trying to do my best
    • JN
      Jerremy N.
      22 June 2019 @ 04:14
      BOOM! Thank you Mike! I posted about 40% of the previous trades I've done like this in recent past. Here they are https://s3.tradingview.com/b/BLRkOjaw_mid.png https://s3.tradingview.com/a/A4DLwWDc_mid.png https://s3.tradingview.com/9/921Oqwff_mid.png https://s3.tradingview.com/f/FtaXF0J4_mid.png https://s3.tradingview.com/0/0R2UZOFK_mid.png https://s3.tradingview.com/x/XU7uTej1_mid.png https://s3.tradingview.com/h/hy4W0HAR_mid.png https://s3.tradingview.com/s/sH7ZezFZ_mid.png https://s3.tradingview.com/g/g3A6nNYM_mid.png This strategy works VERY VERY Well. Enjoy it and go crush!! :)
    • JN
      Jerremy N.
      22 June 2019 @ 04:15
      Also , Yuriy, thank you for your kind words. Let me know if this video helps at all with your question https://www.youtube.com/watch?v=n4zYikI5VJI :-)
    • JN
      Jerremy N.
      1 August 2019 @ 13:59
      Hi Mike! Thanks for the love. It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • PS
    Paul S.
    21 June 2019 @ 10:22
    lol Are there any other shares he likes? This is a low point - what an idiot
    • MT
      Mike T.
      21 June 2019 @ 10:38
      be careful in calling the guy an idiot, I think maybe you're not familiar with the power of short premium (sell to open for a credit) option trading
    • ns
      niall s.
      21 June 2019 @ 10:51
      Many of us are traders that makes us idiots about have the time , I am not a TSLA bull but I liked how he set out his trade complete with downside protection if it goes through 150 .
    • JN
      Jerremy N.
      22 June 2019 @ 04:16
      lol Are there any other shares he likes? Shares? ABSOLUTELY! I love DIS long term right now. 100% an EASY EASY bull play. AAPL of course, UBER and PINS also.. :) This is a low point - what an idiot [We will see!!]
    • JN
      Jerremy N.
      28 June 2019 @ 14:40
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 14:00
      Hi Paul! It's ME! Jerremy. The idiot. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)
  • NO
    Neil O.
    21 June 2019 @ 09:18
    I see the search for a bull with a detailed, well researched and compelling thesis continues. Surely there must be someone out there?
    • JN
      Jerremy N.
      22 June 2019 @ 04:17
      We shall see kind sir. Trading AND investing can be as easy OR as hard as one makes it... : ) : )
    • JN
      Jerremy N.
      28 June 2019 @ 14:43
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
  • JS
    John S.
    21 June 2019 @ 05:21
    Good luck!
    • CC
      CHRISTOPHER C.
      21 June 2019 @ 18:23
      I’m with Paul S. This guy is a blithering idiot with no understanding of Tesla. Why don’t you get someone knowledgeable like George Noble to tell the facts about this company. This is the most amateurish presentation I’ve ever seen on RV. Dot you have a vetting process?
    • JN
      Jerremy N.
      22 June 2019 @ 04:17
      We shall see gentleman. Trading AND investing can be as easy OR as hard as one makes it... : ) : )
    • JN
      Jerremy N.
      28 June 2019 @ 14:43
      Just FYI, buying to close these July $150 put sales. SOLID win. = https://www.tradingview.com/chart/TSLA/BLRkOjaw-Put-sale-on-TSLA-again-Who-is-this-crazy-man/ The next ones I'll win on.. will be the January's I mentioned in this video.
    • JN
      Jerremy N.
      1 August 2019 @ 14:00
      Hi John! It's ME! Jerremy. Just coming to update everyone in the comments on this trade. I have bought to close the puts for 75% premium capture and a gorgeous win. Risk is closed, premium dried up and the play worked perfectly. :-)