Quick post while I’m traveling in Washington DC.
After some up-days we have a little down-day, great time to sell some PUTs – Here are a few trades we are doing that expire this Friday.
GOOGL $105 PUTs filled @ 1.10
GM $39.50 PUTs filled @ 0.26
SU $31 PUTs filled @ 0.17
X $21.50 PUTs filled @ 0.17
Tesla is the dominating EV manufacturer in the world and from the old world auto makers GM seems to be the only one that might be able to compete with TESLA. So they are making a good companion trade to TESLA at a much cheaper price and I think they can hold value or gain in the long term. Look forward to see what profits they can add to our list.
Tesla filings came out that they will be processing lithium directly with a new plant they are opening in Texas, the first of its kind ever in America. Breaking ground this year and hopefully full production by 2024. I think many companies will be follow suite. We have minerals in North America, we have just chosen to outsource everything to China and then complain about it when the prices go up. Just as you can follow the trail of oil/money around the globe, I think minerals will be next. Nickel, iron, lithium… these will be the new commodity where the money will be made. Even recycling these minerals will be profitable.
I have found there is a lot of fake news around EVs, global warming, batteries among other things. Most of these can be easily explained but it does take some reading and open minded investigating. When the news on TV is saying EVs are bad for the environment and require more energy to make them than they can ever save I am just dumbfounded and have to explain to my friends and colleagues that this is all lies and twisted truths. “But it’s on tv” just like the joke “it’s on the internet, it must be true” Solar, wind, geothermal, tidal energy are all gaining momentum. Green energy is quickly gaining traction to replace old technologies. You have to understand Politics and agendas get in the way of quality information. I stopped watching the news years ago and when I dip my toes back in once in awhile, I’m shocked at some of the blatant lies people say. You have to take a step back and look at the whole picture.
Can I justify what they say? Maybe? If you get 100% of your energy from a coal plant and you only charge your car from that coal plant then I guess you would never save any energy and your electric car is polluting? But then how is that different than a gas car? You drill the oil, transport it, boil it, process it, burn it to make gasoline that you then burn in your car. It’s a real reach to say EVs are polluting and shame on you if you believe that argument at face value. Renewables are gaining ground now by leaps and bounds, according to the EPA’s website in 2020 over 20% of the U.S. electric grid is now renewables, 20% nuclear and the rest coal and natural gas.
Money talks, old money, old family’s, career politicians. They own a lot of stock, I mean a lot! Like you can’t even comprehend how much, 😂. Old automotive, big oil, coal have been the ways of the past and have been making them money hand over fist. No one wants to change the status quo, no one wants to stop that flow of money. They have fought hard to keep it the same and will continue to as long as the advertising, ads, tv talking heads is less expensive than the $ they make. The new kids have fought and scraped to get a seat at the table. Now that day is here and the old money and politicians will now start shifting their gears, moving their wealth to what makes them the most and what is easiest, the path of least resistance. The Bill/laws will start to change, then this will be the new status quo. I think it will happen fast, After years of people saying it isn’t possible, solar and wind have gained ground. From nothing to 20% of the current electric grid. California has had their grid run 100% on renewables for short periods after people said it could never get to 5%, 10%, 25%, 90%. Oh but it will never be able to do 100%, did that, done.
Now the batteries come into play. This is where the magic is starting to happen, my colleagues said batteries can never replace a gas powered generator. We need those peaker plants to fire up when people get home from work when it’s dark and turn on their tvs etc… After electric vehicles hit the road/dirt almost 200 years ago, people and companies destroying them out of fear we may actually climb out of the oil age where we burn things just like our ancestors striking flint to make fires. For thousands of years we have mined the same way and made fire. We still do things the way the Aztecs and Egyptians did! We burn coal, oil, gas to make steam then use that steam to make electricity. Thousands of years, Amazing. Now we are turning our technology towards electricity, batteries, minerals, crystals… did you know they are actually using people’s Tesla batteries(powerwalls) in California connected to the grid as a buffer now. People actually get paid by the electric company to use their stored energy. Imagine every house having a battery what would be possible. Imagine plugging in your car as back up power for you or your neighbors. So my electric AC, my electric furnace/heater, electric car, electric stove, electric oven, lights, fan, computer is powered by my solar panels on my roof with energy stored in my batteries. Is my car polluting? When I don’t pay an electric bill or go to a gas station for 4 years do you think my car is polluting? No, you really have to bend the truth to believe that. Jump on the band wagon my friends and make some money along the way.
This material has been distributed for informational and educational purposes only, and is not intended as investment, legal, accounting, or tax advice. Investing involves risk.
Cash Flow is this Easy 