I'm Buying Tesla

I Might Even Buy An EV

The way the company, its vehicles, and Elon Musk have been treated is enough reason to act in this manner, but there’s more.

The Herd Is Wrong Again

It’s a simple world we live in if you let it be. I’m just an investor who seeks value. It’s best to buy a stock when it’s lower than when it’s higher. It’s best to sell deeply naked puts when their premium is high.

Together, with the absence of emotional reality that’s firebombing Tesla vehicles, I’m on board and you should be too.

What About My Other Stock Picks

Patience is very important. So are increasing revenues. Boeing (“BA”) seems to have turned that corner, so I’m done selling covered calls on the upside. I’m still a seller of naked puts.

A better example of taking my time is Nike (’NKE”). Its earnings bear again today, as China continues to be a laggard. That was predictable, as illustrated by my covered and naked call options. I used the proceeds to buy more puts. Again, I’m patient and up over 25% in both by putting time on my side.

The 5th Dimension had it right years ago. I bet their ‘beautiful balloon” was powered efficiently. Writing is easy when you are consistent in your plan. Many think I’m a bit boring. Boring is good. Remember, greed is bad. I’ll continue to be patient. Keep an eye on our site, as we’re close to the fruition of completing a six-month project that should have taken two-months but who’s counting.