Quote:
Originally Posted by 77T
But what is your time horizon when you say “as autonomous vehicles become a thing”?
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I can't say I'm any sort of expert. But look at the news cycle even
today. Look at $GM -
https://newatlas.com/automotive/gms-...ts-brightdrop/
Will it be next year? Next decade? Not really sure. But it's coming. And it's going to be more than just $TSLA that have a seat at the table.
I trade options mostly, so the way I would play it would be to buy long dated leap calls, and sell the short term calls against it *to recoup the outlay. If I were going to get long on the common, I would probably pick UBER to start. You have the near term catalyst of tourism opening back up once the inoculation takes hold from COVID.
I would not be shocked to see UBER trading at or near $70 by year end. At the very least, just on potential for future earnings.