TSLA Trade on Oct 21, 2021 15:56 from Marius: Tradervue User Stock Trades.

Second week into earnings season with continued momentum from the prior week. SPY reached new highs to end the week. Busy week with more corporate reports and announcements. The first futures backed Bitcoin ETF started trading. Next couple weeks will be filled with more earnings scheduled and the technology industry reporting.

Fundamentals In Play Analysis

Tesla reported better than expected and was able to deal with chip shortages, shipping disruptions, and rolling blackouts in China very efficiently. They reported a 73% surge in deliveries even while not running factories at full capacity. Gross margins is higher at 30.5% The newer EV's and factories will be a key factor in the mid-term and they do expect chip shortages until 2023 but they have navigated through challenges effectively thus far.

Quantitative Analysis

Intraday Fundamentals

RVOL 1.69
AVOL 18.52M
ATR 20.93
Beta 1.88
VIX 15.01
Volatility 2.75% 2.54%
Short Float 3.64%
Shs Float 802.29M
Inst Own 41.40%
Market Cap 861.22B

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

SI 2.418
IV 49.85%
IVP 10%
P/C 0.85
VWAP 888.867

Options Positioning

OI 7009 65284
VOL 7642 22768
Delta -.02 -.01
Theta -.42 -.33
Vega .02 .02
Gamma .00 .00
Prob T 4.33% 3.07%
Prob ITM 2.19% 1.56%
MMM +/- 21.729
IV Series 44.18%

Earnings Statistics

Technical Analysis

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

Trade Setup : A
Execution : B/C
Risk/Premium : 0.5/1
Positioning Risk | Std Dev : very conservative | -5.43
Size/Allocation Risk : 20%
Dynamic Risk : No

Overall trade was executed very conservatively due to the options pricing and spreads within my parameters. I may need to reserve more capital trading this specifically as this is a higher priced high beta market stock. I experienced this when trading AMZN and think this will have to be noted in future trades. This should be considered an (A+) setup and I failed to execute at a higher level. If this was earlier in the week I might have had a better execution.

Weekly Trading Review

I'm reviewing a total of 12 trades in this weekend and it is a great exercise for the coming weeks with even more reports to be released. This was planned as I did attend the Traders4ACause event last weekend. I still have to review my notes and see where I can add to my process. I did not network as much as I had anticipated because my time was compressed. On future events I'll have to allow more time before and after. It was great to see all the presenters and traders within the community all together. Definitely an experience all traders should look into to meet others and grow the wisdom, community, and giving back + helping culture.

This was the busiest week I have experienced thus far. Becoming a full time trader + adding back intraday trading is a higher working goal/challenge. I'm still highly considering continuing training and applying for a prop firm but still working with Seth and the options tribe trading team to work on current edge developments. Taking in one step at a time but keeping an open mind as I build my business. Will be working on my presentation for the community for the next quarter as this will be another focus in the mid-term