Stock Market Mentor on $TSLA (Oct 26, 2026)

If they put 500 million to work in Tesla, the stock would scream for a while after they got their fill, then the stock comes back down because they were the market.

I have no idea what Tesla is doing right now, but this was my setup. I've seen the stock run up here. I had a little bit of uh you know, I'll say it little anecdotal evidence, too.

Um my wife drives a Tesla Model X, full self-driving, which is it's you almost feel guilty about it because you just say like where you're going to go and then kick back and just ride in the car while somebody else drives you.

It's really nuts. Um and it actually, this isn't a pump for Tesla. It actually anticipates where you want to go. Um we we kind of have a certain routine of what we do on Sundays.

So we'll get into the car and the car b it just says, "Hey man, you want to go here?" "Sure, we'll do that." Then afterwards, "Oh, you want to go here for breakfast?" "Sure, we'll do that."

It just tells it's really, really easy. And so the anecdotal evidence is three of her friends have ridden in her car and they're all going to buy full self-driving Teslas as soon as their auto leases run out.

And so I look at that as latent demand. Does it mean I'm going to buy the stock? Absolutely not. But it's something that I think about. So I'm watching how this stock ran. Nice move to the upside.

Then it runs right into this area of supply from 450 down to about 390 something like that. You can call it 400 if you want. But this is really where the supply is right around actually like 365 right up here.

And so the stock comes up here. What had been really really crappy support but it was support now turns into resistance. And you'll see a low here. A little bit higher low. Not by much, but it's coming up testing the 150day moving average.

And I'm thinking, okay, that's fine. But that's a 150day moving average. A lot of people don't even look at that, but they do look at the 200 day moving average. So, I'm seeing where this stock traded right here.

The pivot is right here at 38856. That was the high here. I think it was on I forget when it was on. Uh I think it was the 1st, October 1st, but then this came down here to 1016.

Fine. Nothing. Who cares about that because it almost hit this low, but when it starts moving up again, now it gets my attention. It comes up here to the 150. Volume's still okay.

You got one big selling day here. Heavier than average volume. and then that didn't amount to much. So now I'm saying, okay, if Tesla breaks through 200 bucks, if it does that, then I want to be involved.

And so what do I want to do? I'm thinking, okay, if it runs up above here, then I want to buy some calls because I think this move is real. So, I'm going to buy some calls on it and then participate when the stock runs up here.

Right? Wrong. It's not my strategy. My strategy is selling options, not buying them. And so, what do I do? I say, "All right, well, rather than bet on a further move to the upside, maybe what I'll do is sell a bullput spread down here and bet, and you could say it's a bet, bet that this breakout's going to hold wherever it holds.

I don't know. But I'm betting that the stock isn't going to come down to say 370. It's not going to fall back into here. So, my strategy is to look at a stock like this. I'm waiting for the setup.

I'm looking for a bullput spread. And then when I see the stock take off, that's probably going to bring in a lot of buyers and push this higher. I want to bet that those buyers push the stock up high enough to where it's not going to pull back to hit my uh my bullput spread.

And why am I betting that it won't pull back? because I know something like this leaves a lot of buyers behind. And so if and when the stock starts retracing a bit, there's going to be a lot of buyers that say, "Oh, I get the second bite at the apple.

I'm going to buy." And that should keep it above here. And if it doesn't, well, then I've got a trade that's not working out. And I, you know, I I have to figure that out. Now, this is something that I actually drew a while back.

This is my envisioning thing here where I'm saying like I don't know whether it's going to go up or down, but this is my action point. So, I go back and look at this trigger and now I'm in the trade.

Also, volume. Now, I just snapped this uh about half an hour before I started this session um on the uh 26th and it's almost up at daily average volume. And so, it's trading at 62% heavier than average volume.

So, this is going to be well above average volume by the end of the day. In my mind, that confirms the upside move and it actually confirms my trade.