Mike Smith

I'm Play Lax

[Mike Smith @TrueColorado99]

@OfProbability @NickGibbsIAG @elonmusk At some point one must ask if the Tesla management'/board's goals are aligned with stockholder goals. It appears more and more that they are not.

[Mike Smith @TrueColorado99]

@chavank @NickGibbsIAG Austin, im curious about the bought puts and calls that seem to be losses. What am I missing? What is the strategy there?

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK So are you feeling like a kid, just before Christmas? That is so exciting Bobby. You'll be taking delivery right as TSLA pops to $800 so you can buy all those new toys you haven't bought yet!

[Mike Smith @TrueColorado99]

@stevenweber19 @BoBbyPleWniaK Steve, I highly recommend Nick's option trading class at Investing Against The Grain. In one long day it gives you the foundation and rules to start trading options with knowledge. Payback time on the cost of the course is only a few successful trades.

[Mike Smith @TrueColorado99]

@thedaniellemmon @NickGibbsIAG @tastytrade @IBKR @Fidelity Looking forward to Think or Swim or Schwab!

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK The data itself is clear, just tracking it over time with several trades gets confusing. Its really just a bookkeeping issue for me, having a system to log a track each series of trades... Not currently my strength but Ill have to change that. Thanks Bobby.

[Mike Smith @TrueColorado99]

@NickGibbsIAG @a_pad91 Wow, that was a great entry price for your first day! Nicely done.

[Mike Smith @TrueColorado99]

LAST TRADING DAY OF THE MONTH:

After a relentless two-month rip higher, what the hell is June going to bring us?

Can we look at $SPX right now to figure out what’s next for this market?

And $TSLA is officially set up for a MASSIVE run. I’ll break it down for you.

Most importantly… if we are going to see a real down move, when do I think it actually happens?

Let's Discuss:

[Mike Smith @TrueColorado99]

@GregProctor Congrats Greg. You've done very well my friend!

[Mike Smith @TrueColorado99]

@NickGibbsIAG @MartySchulting1 Hopefully this is not accurate. It would be a severe disappointment with no nuclear deal, no regime change, nothing. Vast political capital squandered by Trump if true. Im betting its not true or not complete.

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK No reason to. Have a great weekend Bobby. I loved Mary's post on Windstar and look forward to following the journey!

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK Ahh, it is easier to ask forgiveness than permission. Your chances of an audit are probably pretty low, especially now that the IRS is not hiring those additional 70,000 armed agents that Biden wanted!

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK Ps. I realize this is not investing nor tax advice :-)

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK So the option premium income qualifies, assuming all other criteria are met?

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK Just look around you and smile: lovely wife, financially free, getting ready to live the dream with an incredible new cat, experiencing God's incredible creation like few people now or throughout history everhave: You my friend are blessed! I know you know all this, just sayin...

[Mike Smith @TrueColorado99]

@GregProctor If this tweet has exactly one like in 24 hours I'll give that person $1

[Mike Smith @TrueColorado99]

@BoBbyPleWniaK Thank you Bobby. I just closed out 3 sets of puts profitably. I appreciate you!

[Mike Smith @TrueColorado99]

@Rebellionaire @NickGibbsIAG Interestingly, I see tons of advertising for Starlink. Why not Tesla? I hope they advertise for robotaxi once ramped up.