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  1. M

    Wiki Selling TSLA Options - Be the House

    Lol I was just joking around. It's just funny he has to state this because that means he knows he screwed over the share holders by selling his shares on the open market and he knows that is probably leading to some no votes. I don't really want to kick a man while he's down, but I find it a...
  2. M

    Wiki Selling TSLA Options - Be the House

    Why is this even a talking point? It's not like Elon would sell billions of dollars worth of shares after he gets them and crash the stock. Never would I ever imagine him doing that.
  3. M

    Wiki Selling TSLA Options - Be the House

    Shh you're killing the echo chamber. On a serious note. I seriously regret not buying more NVDA. I put in 20-25% of my portfolio and now its 45% of my portfolio. Their financials are insane. Imagine 1 Month NVDA FCF = 1 year TSLA FCF. Well you don't need to imagine because that's real. It's...
  4. M

    Wiki Selling TSLA Options - Be the House

    I didn't watch the video but MM's do not have the power to move the market around long term. They can do it short term and have several levers to pull to do it. TSLA is negative over 3 years while the market is at ATH. That is not MM's that is TSLA being trash.
  5. M

    Wiki Selling TSLA Options - Be the House

    Lol TSLA Bulls: 1. Funds are underweight TSLA which will lead to a squeeze -> 2. Fundamentals don't matter, if you are looking at the future you don't look at car sales only FSD - > 3. Wall St doesn't understand this, they are stupid and only we see the true value of TSLA, we don't need big...
  6. M

    Wiki Selling TSLA Options - Be the House

    But why the @1000 vs @180? Wouldn't it be better to compare market caps? If it helps in 2 weeks it'll be NVDA $100 TSLA $170 =)
  7. M

    Wiki Selling TSLA Options - Be the House

    Australia is a pretty small market I think it makes up around 5% of total Global sales. It's not much.
  8. M

    Wiki Selling TSLA Options - Be the House

    I had cash to deploy and I was waiting for a bigger retracement but it never came. Now here we are with Nasdaq at ATH. QQQ and SPY at almost ATH. Ahh wells it was only 14% cash. Keep going up my pretties. I'll sell puts on the cash.
  9. M

    Wiki Selling TSLA Options - Be the House

    It's insane it's at $71 right now. I think it's $280 pre split. Tempted to sell 1-2 naked calls if it runs up to $500 like it did last time (presplit).
  10. M

    Wiki Selling TSLA Options - Be the House

    Man got that GME fomo. Was tempted to put some of my trading profits into it yesterday at 26 but the position was so small that I thought I would only come out with a few thousand even if it pumped. Now it's a lot more than a few thousand (In hypothetical profits). O wells I guess I never would...
  11. M

    Wiki Selling TSLA Options - Be the House

    This guys off his rocker. There is no way investors wouldn't jump in when TSLA starts hitting a similar market cap to Toyota. It wouldn't get to $50 a share and this is coming from me who is quite bearish on TSLA short term and sold all my shares.
  12. M

    Wiki Selling TSLA Options - Be the House

    Surely you can see that a lot of TSLA uber bulls are constantly changing the narrative, moving goal posts and they have ALWAYS been in hindsight. When TSLA had 50% Growth we were going to do 30 Million cars by 2030. Now no one talks about that anymore. When they were doing 50% growth that was a...
  13. M

    Wiki Selling TSLA Options - Be the House

    TSLA Uber bulls: When margins were high: OMG look at our huge 30% Margins. Toyota needs to sell like 10 cars for our every 1 car. When margins dropped: lol we will win the price wars and crush traditional auto When Fundamentals turn to trash: anyone who talks about TSLA earnings has no clue...
  14. M

    Wiki Selling TSLA Options - Be the House

    AAPL announced it's making it's own AI Chip. AAPL stock spiked up at the same time NVDA stock spiked down after hours.
  15. M

    Wiki Selling TSLA Options - Be the House

    To be honest investors are going to need to be pretty careful, if he doesn't get his comp plan he may go into baby mode and do something that'll screw up the stock in one way or another. If he does get the comp plan his probably just going to go back to tweeting and X and stop putting so much...
  16. M

    Wiki Selling TSLA Options - Be the House

    I'm pretty sure everyone cares about interest rates. Even Elon (Not referring to TSLA specific caring).
  17. M

    Wiki Selling TSLA Options - Be the House

    LOL Word. That thread.... man lol.
  18. M

    Wiki Selling TSLA Options - Be the House

    Damn that sucks! =( Brand new as well. Sigh I got a brand new BMW around February 2020 and someone hit it in March. It was in the shop for 5 months due to covid lock downs, shipping issues and a parts shortage due to it being a new model. Apparently it cost 40k (AUD) to fix too lol. On the...
  19. M

    Wiki Selling TSLA Options - Be the House

    I'm out at 191! Pretty close to 200 and RSI is looking a little high.
  20. M

    Wiki Selling TSLA Options - Be the House

    It's only 20% of my original position and I sold 27% of that original position at 167. So I'm not exactly the master of timing lol. See what happens. Fundamentals are terrible, at this rate our forward P/E is going to start going towards 100 and we are pretty much buying this stock on FSD hope...
  21. M

    Wiki Selling TSLA Options - Be the House

    Just when I thought i was out THEY PULL ME BACK IN. I opened a new long position today. Back when I sold my TSLA at 187 I put that money into QQQ, Google and Apple. I've sold Google (profit) Apple (loss) to buy back in in the 170's. Just a small position. Sold shares at 167 which I won't buy...
  22. M

    Wiki Selling TSLA Options - Be the House

    On the negative side QQQ is up over 50% from that point. But that is just relative, in a vacuum it's good to see people are more prepared this time around.
  23. M

    Wiki Selling TSLA Options - Be the House

    You and me both! But I think it needs some more time to digest. At the very least there is very little risk of it rocketing back above 200. Elon is bringing out every pump he can think of, FSD trials before taking delivery, FSD $99 subs his desperate to shift the narrative away from selling...
  24. M

    Wiki Selling TSLA Options - Be the House

    So if Russia launches just 1 nuke at USA fully knowing that USA can easily shoot the thing out of the sky before it does any damage. Does that mean it was just a fire work demonstration?
  25. M

    Wiki Selling TSLA Options - Be the House

    Not financial advice, I was surprised by how well 166 held today but I do believe we have a hard resistance at 183 at least until earnings. Could be an easy covered call (or naked if you are feeling risky) play. I mentioned in an earlier post, I'm short going into earnings as a trade. I'll...
  26. M

    Wiki Selling TSLA Options - Be the House

    Wow I’m shocked that the stocks holding up so well. Enough buyers here for now. I sware if we had hit 420 maybe the stock would green now. But hey markets only been open 20 min lol.
  27. M

    Wiki Selling TSLA Options - Be the House

    You know what. I changed my mind. I’ll take a 3% short position on it. I know it’s not the usual put / calls we normally talk about but I don’t like going long puts due to theta. I believe that previous top at 183 will be hard resistance and limits max losses.
  28. M

    Wiki Selling TSLA Options - Be the House

    20k Lower than Troys numbers, 50k lower than the streets revised numbers, 100k lower than the streets numbers going into Q1. 200k lower than bulls who are smoking copium, jokes, light hearted jokes guys lol.
  29. M

    Wiki Selling TSLA Options - Be the House

    Obviously I got no idea what I'm talking about (semi srs lol) but I would like to think I was onto something here lol. They pumping FSD because the growth story of selling cars is dead this year with no way to bring it back. Of course this could all be priced in. Let's see how the trading goes...
  30. M

    Wiki Selling TSLA Options - Be the House

    387K Troy too high.
  31. M

    Wiki Selling TSLA Options - Be the House

    Look the guys obviously crazy. His also an uber driver and has no blue tick so he doesn't exactly have a huge amount of disposable income. He may have been right on the 185 and 175 call but you know he would be a billionaire if he was right on the 300 top, sold everything and leveraged his...
  32. M

    Wiki Selling TSLA Options - Be the House

    He may not care on Twitter such as his Hertz deal tweet, or stock price too high but there are other things he does that show he does care to a degree. The wave would never exist if he didn't care. He wouldn't do end of quarter incentives to push delivery numbers. Before he planned to sell he...
  33. M

    Wiki Selling TSLA Options - Be the House

    Oops can't edit it anymore. I just reread what I said, I meant relying on FSD Beta sales is meaningless. Obviously the real version of FSD is an end game goal but we are years away from that.
  34. M

    Wiki Selling TSLA Options - Be the House

    Agreed, this demand lever isn't even going to impact car sales. We might see its effects in the balance sheets in the next quarter or the one after, but relying on Full Self-Driving (FSD) sales is like banking on energy growth—it's not our main focus. FSD needs to be perfected, not just sold to...
  35. M

    Wiki Selling TSLA Options - Be the House

    I think they mean in regards to TA this is the bottom. Of course fundamentals always beat TA. If they sold 100k cars this quarter then no amount of TA is going to fix a crater in the stock. No analyst is expecting 410k. If his right the stock will go down lower IMO. I think we are in the...
  36. M

    Wiki Selling TSLA Options - Be the House

    China's numbers were disappointing this week, I also think the price increases are short term demand levers. Troy predicts weak deliveries for Q1, noting that inventory for Model Y is growing in the U.S. I haven't engaged in short selling or bought puts but I'm still severely underweight TSLA...
  37. M

    Wiki Selling TSLA Options - Be the House

    I'de also like to add my 2 cents, I would like to point out that I don't think interest rates are what halted the growth story. It was actually Elon, not primarily due to his social media presence (though it might have contributed), but rather his distractions that led to the delay of the more...
  38. M

    Wiki Selling TSLA Options - Be the House

    I also lean towards the bull trap perspective. Although I don't heavily analyze technicals, I think it's logical to consider the past events when the stock hit $100. At that time, everyone insisted that nothing fundamental about the company had changed and it was a good opportunity to "buy the...
  39. M

    Wiki Selling TSLA Options - Be the House

    Darn, I can see your problem then. I'm at 36 and I'm already frustrated, at 58 I would probably be looking at something with better returns and winding down. Yes I agree, I was also very tired of the drama. There are probably other companies out there that could get you some pretty decent...
  40. M

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    If we are looking at P/E Ratios, back then it's P/E was 34 and it's Forward P/E was in the 20's. However Right now it's forward P/E is in the 50's.
  41. M

    Wiki Selling TSLA Options - Be the House

    I think we can probably anticipate a bounce soon. There has been considerable selling pressure, and sentiment appears to be low across the board. The question is whether it's worth deploying cash to capitalize on a potential 2-7% bounce, while also timing the exit correctly. Additionally, if...
  42. M

    Wiki Selling TSLA Options - Be the House

    I tried not to let emotions get the best of me while watching NVDA grow and TSLA trade flat. However, I realized that my reluctance to sell any TSLA, even at a profit to buy something else (I was invested only in TSLA and indexes at that time), was also driven by emotion (being too attached to a...
  43. M

    Wiki Selling TSLA Options - Be the House

    I did. I sold 90% of my long shares and have naked calls in my account. I also bought back any short puts I had. I've been selling from 260 and my last sale was just yesterday at 167. I made a post about it in the other thread a month or so ago and said the same thing Wells Fargo said. This year...
  44. M

    Wiki Selling TSLA Options - Be the House

    This may be getting priced in but it's forward P/E is still quite high. I don't see any new money coming in right now unless it's a trade. In which case a poor quarter will just drop this thing even more and traders get out and pile on the reverse direction and long term holders get given a...
  45. M

    Wiki Selling TSLA Options - Be the House

    I'm not sure what options you sold but I can only assume it was TSLA. Naked puts on TSLA or any stock that has a large concentration in your portfolio is never a good idea because your portfolio value is dropping as the stock drops. Conversely if you are selling naked calls, one would hope you...
  46. M

    Wiki Selling TSLA Options - Be the House

    This is what I do. I never liked the idea of spreads because it isn't within my own risk profile but what I really disliked about them was that you pay for "protection" if the price moves against you but you still feel like *sugar* in the aftermath. I sell very safe far OTM naked calls, the...
  47. M

    Wiki Selling TSLA Options - Be the House

    It’s 300 contracts. + means long an option - means short an option. His done a spread which means his short 930 strike puts and long 900 strike outs. Which means if it drops to say under 900 he loses $30 a share times 300 contracts times 100 shares. That’s max loss. Ide type more but on phone.
  48. M

    Wiki Selling TSLA Options - Be the House

    Yer I saw. Holy balls this is wild for you today.
  49. M

    Wiki Selling TSLA Options - Be the House

    Hope this works for you mate. Looking good! But be careful going forward max loss on this is like 40 times the premium.
  50. M

    Wiki Selling TSLA Options - Be the House

    Similar boat. Probably worse, short $1000 strike December calls on all my shares. FML lol. But as we learnt with TSLA, nothing goes up forever. I've been burnt flipping and trying to get greedy so I'll just be happy to take my gains at the end of the year. It'll be pretty boring if this thing...