Recent content by SpaceXaddict

I have been modeling it using current prices. So I, for instance, just assume the price went up $20 overnight. To do this I take the bid/ask or theoretical price and just adjust the strikes. EG: If TSLA opens $20 higher on Monday, the time to expiration will not have changed much (1 day out...

Puts are cash secured. I have more share lots, and plan to deposit more cash in the near future, enough for another contract. I am willing to sell at $155 if I have to. But I would prefer to accumulate more shares long term. I have been managing by rolling out and deeper in the money to...

Normal strangles look nice because you set the strikes outside the expected move range, and then as the stock moves you can roll up the furthest side and collect premium. My situation is different, as it's a reverse strangle (or "Short guts"). But I am thinking it has a similar feature for...

By all means, please suggest a better idea!

Thanks for responding. Let me explain my thinking. I'm short calls, and they are ITM. If Tesla rallies, then they go deeper in the money, making management harder. But by flipping one contract to a comparable put... in case of a rally that put will decrease in value. Delta in the money...

So my Q1 directional bet left me in the lurch, and I rolled out and deeper ITM to reduce contracts. After that I was -3 150C May 2025. Recently, flipped that to -2 155C Jan 2025 and -1 240P Jan 2025. Was thinking this would let me work on reducing exposure either way the stock price moved...

Thank you again! I am doing the research and learning to build up to fully understand your original write up, and I will watch the videos you linked right now, and then again when I hopefully understand it all better. I hadn't really studied the greeks beyond Delta, Gamma and Theta, so it's...

The greeks have expanded, or maybe I never learned them all. Here's actually a decent explanation of them: https://en.wikipedia.org/wiki/Greeks_(finance) I think I need to make a worksheet, with the definitions and then study it and re-read Yoona's explanation afterwards. I apologize, I had...

Thanks for that huge write up, I do appreciate it. I should have just asked for a definition of Vanna and where to find it. It's not in the wiki. Delta, theta and gamma my broker software shows me, along with OI, though it's nice to see the graphs. I had never heard of Vanna before, but I...

Has anyone considered the possibility that the 2018 compensation plan for Elon will fail the vote? I apologize if this has been discussed, I try to keep up with this board, but I am forced to try and read a weeks worth of pages every Friday night. Anyway, I kinda am getting the feeling that...

Please correct me on my reading here. "+P100 6/2026" to me I read as "long 6/2026 puts at a $100 strike price"? But the preceding sentence about "Buying leap calls" throws me off. What am I missing?

Can you explain what you mean by "vanna + gamma + OI". What specifically do you look for in a setup to think its a good idea to make the trade? (Please link to a post where you talk about this if you have covered it ad nauseam, or give me a good search term. Looking for "Yoona" on here gives...

I think the answer to this question has a lot to do with how you manage your positions... so which is the better bet if you leave it until expiration? OR which is the better bet if you are online and ready to move? I missed a %90 return on a weekly yesterday because I wasn't paying attention...

I would be keen to read a MSTR thread here if anyone wants to start one. (EG: not sure if it's on topic for this topic, but if it isn't I'd love to talk about it in a separate forum topic.)

The shares he sold were not from that compensation plan. That compensation has been held up in court for years. He sold shares that he acquired much earlier than 2018.