Tuesday, November 5, 2013

Options Traders Look for Big Moves From Tesla (and we're moving on)

This will be our last Tesla post, we will be re-branding as THE site for cat videos and pictures.
From MoneyBeat:
Tesla Motor Inc.TSLA -1.04% shares have already gone on a wild ride in 2013, and now some options traders are betting on yet another big jump in the stock when the company reports earnings after the close Tuesday.

The biggest single trade in Tesla options at midafternoon Monday was a bet that looks for the electric-car maker’s shares to soar more than 31% through the end of the week. Nine of the 10 most-actively traded contracts were ones that also looked for shares to move higher, though more conservatively so, to profit....MORE
...And the largest-single trade was the purchase of 1,925 weekly $230 call options. That secures the right to buy 192,500 shares of Tesla for $230 each–or 31% above Monday’s price and 19% above the prior record....
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From the Daily Mail:
Locked in combat: Mother lion takes on deadly crocodile to give cubs safe swim across river
These images show the magnificent big cat fastening her front legs around the crocodile's jaws and dunking it underneath the water before making a break for the river bank at the Okavanga Delta in Botswana.
Struggle: The power and strength of the mighty lioness is clear to see, but the crocodile fights back, clamping its teeth around the big cat's nose
Struggle: The power and strength of the mighty lioness is clear to see, but the crocodile fights back, clamping its teeth around the big cat's nose
The lioness' brave diversion tactics were witnessed by wildlife photographer Pia Dierickx, who said the creature moved with such incredible speed she did not realise what had happened until she looked back at the pictures on her camera.

The photographer, from Antwerp in Belgium, had been peacefully observing the lioness and her pride going about their business around the river when the sudden clash between the big cat and the crocodile occurred.

The 48-year-old said the struggle took place within one second.
'I watched a lioness carefully move out into the channel and then there was a huge splash in the water,' she said.
'The sequence of six pictures of the real action were taken in one second....MORE
HT naked capitalism