The Vetr crowd on Tuesday downgraded its rating on Tesla, Inc. (NASDAQ:TSLA) from 2.5 stars (Sell), issued 12 days ago, to 1.5 stars (Strong Sell). Crowd sentiment at the time of the downgrade was edging cautious, with 53 percent of Vetr user ratings bearish.
The downgrade comes just a week before Tesla is set to announce Q3 earnings. Shares have taken some knocks in recent weeks, trading mostly flat throughout the first half of October and falling by more than 6 percent over the past four trading days.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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Tesla closed Tuesday's session up slightly at $337.34
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Currently, the Vetr crowd's average price target on Tesla is down at $276.43, which is still higher than the average analyst price target of $267.78. Tesla, Inc. is a popular stock on Vetr as more than 9 percent of users are holding TSLA in their watch-lists.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.