Tuesday, September 16, 2014

TSLA : to buy or not to buy

TSLA - to buy or not - that is the question that I get asked all the time.  There are some solid reasons NOT to buy, and you can find them in the following MorningStar article if you can access it:

http://news.morningstar.com/articlenet/article.aspx?id=665082&pgid=stockarticle

BUT, consider selling  a PUT for say 220 strike for Jan 2016 which fetches a premium of 15% of the strike.  It may even get better if TSLA goes forther down.  THAT, to me, is appealing and much less risky.

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