I’m the infamous bear loaded up on $SOXX puts, $SOXL shorts and $RKLB puts. Similar to these I am looking to load up on $TSLA puts if the stock keeps rising in the coming week.
AI has achieved nothing in the real world other than spitting out code. All the dreams of automating end to end workflows in legal, financial and medical fields are still pipe dreams. I’ve seen how Fortune 500 operate with these AI models and for a majority of them it’s just enabling their tech teams with GitHub copilot or Claude code and they call themselves AI native. They don’t have a clue of building something productive out of these other than chatbots.
Something that people don’t understand about the predictive nature of these AI models is that IT IS NOT ENOUGH FOR THEM TO BE 99% CORRECT EVEN IF THEY CAN GET THERE. Much of the corporate workflows need 100% accuracy for them to be right. Otherwise there’s still human in the loop trying to make up for downside. This is the prime reason I’m short the semis. Sooner or later these firms(openAI/Anthropic) will be scrutinized for the ROI and unfortunately there’s not going to be any other than coding assistants.
Now coming back to $TSLA, Elon promised driverless robotaxis on road by end of 2025. It’s almost H1 2026 and robotaxis are no where to be seen. I’ve found a few with drivers within them doing testing though. Having said that I don’t think they’re in a position to launch fully driverless taxis anytime soon. The stock has been up due to the semi rally overall and nothing else.
I will wait till stock hits $480 and go all in on the puts.
What do you all think ?