TSLA Trade on Sep 27, 2021 15:37 from Marius: Tradervue User Stock Trades.

Market found buyers end of last week with VIX retracing and continued to open the week. This pivoted sharply into the next trading day with rising yields + inflation, and political hold ups on the government funding to remain open, debt ceiling, and funding for the infrastructure bill. This is also ending the current quarter and starting day 1 of the new quarter on Friday. Key economic reports and the start of next quarter's corporate earnings report will be of attention going into 1H22 where bond tapering and interest rates are expected to be adjusted to rise.

Fundamentals In Play Analysis

Tesla vehicle delivery numbers are due out to the end of the week and there has been external research indicating better than expected deliveries. There was also a similar sentiment in Elon Musk's quarter-end memo to employees. The EV industry also has been trading with a higher bid due to the anticipation of the US infrastructure bill.

Quantitative Analysis

Intraday Fundamentals

RVOL 1.47
AVOL 19.04M
ATR 20.05
Beta 1.95
VIX 18.76 23.25
Volatility 2.64% 2.44%
Short Float 1.42
Shs Float 802.29M
Inst Own 41.30%
Market Cap 762.34B

Options Statistics + Tape Reading + Order Flow + Dark Pool Levels + Flow Sentiment

SI 1.812 1.077
IV 54.79% 59.84%
IVP 18% 25%
P/C 0.633 0.611
VWAP 786.325 781.125

Options Positioning

OI 6326 7966 3501 4559
VOL 3937 7239 1418 1466
Delta -.05 -.04 -.04 -.03
Theta -1.05 -.83 -1.04 -.78
Vega .09 .07 .06 .04
Gamma .00 .00 .00 .00
Prob T 13.17% 9.51% 9.95% 7.02%
Prob ITM 6.74% 4.87% 5.09% 3.59%
MMM +/- 42.862 41.713
IV Series 59.08% 65.94%

Technical Analysis

Trade Setup/Execution Grade + Risk (risk:premium) + Positioning + Size/Allocation Management & Review

(A/B) setup / (A/B) execution. 1/1.5 + 1/0.5 RP, dynamic moderate positioning, 10-17% dynamic allocation. Overall trade was building and adapting to an existing playbook. The market is transitioning into a different regime and I'm adapting and working with it by scaling and positioning while the market has elevated volatility. There is more opportunity but the elevated risk also has to be managed. This is a key pivot and expansion in my trading because I had continued with the original thesis but adjusted based on the developments. Felt very flexible and was able to lower risk while extracting more out of the trade idea and trade playbook.