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Wiki Selling TSLA Options - Be the House

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Sold -C260s x200 this morning, then sold a couple of thousand shares, then sold some -P255s. Didn't expect the drop to be quite as immediate as it turned out to be, so just before close I bought back the -C260s, for a +$1.50 - covers most of my income for the week in today's work. Will likely repurchase the shares tomorrow as well, and kinda hoping the P255s get assigned as well.
To summarize - You crushed it! 👏
 
To summarize - You crushed it! 👏
Ideally I would've sold the CCs when it was green, not flat-ish, sold even more shares, and not sold the CSPs until close of market...so I won't say I crushed it. But certainly happy with today's trading, if not happy with today's closing TSLA share price. :)
 
Dear Santa,

Sorry I have been a naughty dog this year. Has not peed straight for months now since I learned this new toy called “option”. I know it’s late now but can you please please have Tesla’s stock pump tomorrow. Just a teeny bit to 275. Doggy need some kibbles and I promised I will aim better in 2024. Thank Santa. I always believed in you and your end of the year Rally. Love thenewguy1979.

Edit — sorry wrong forum….
 
I have three accounts 1. Taxable trading account. 35 trades CC and CSPs. Profit $15,098 allmost all teslas. Just the last four trades 12/26- Bought back Puts TSLA $24512/29/23 0.52=$105. 12/27 SOLD CC280 1/12/24 -2 PRE 4.25=848, 12/27 SOLD CC TSLA $280 -2 $4.30 =$858. 12/28 SOLD PUTS TSLA 247.5 1/15/24 -2 $2.26 =450
IRA - 12/19 SOLD CC TSLA 275 1/12/24 -5 $5.07 $2530, 12/19 SOLD CCTSLA 275 1/12/24 -1 $5.35 = $534 , 12/20 Bouht to close TSLA CC $262.5 12/22 +7 0.32 -$228, 12/28 Bought to close TSLA CC 265 12/22 +3 0.30 = - $92, 12/20 Bought to cloise TSLA 275 1/12/24 +6 $3.55 = -$2134, 12/26 SOLD CC TSLA $270 1/12/24 -2 $5.50 = $1098, 12/26 SOLD CC TSLA CC 275 1/12/24 -3 $4.20 =$1258
I almost mimic the same trades in my two IRA accounts. In 2022 I lost a lot of money which i made in the previous years a couple of millions. Now i have only 2 million in mainly Tesla stocks. 2023 i was carefull and i hardly uses my Margin. use of margin and the selling of puts destroyed my accounts. 2023 i recovered not much. No more losses. i do play fairly conservatively. I fyou want to put it in a spred sheet i will make one and send it to you. i record all my trades manually. Thanks for the concern. appreciated.
 
i took the pictures of the ledger about four pages for the month of december for my trading account only. if you want i can attach it. its an Iphone picture.
regret for any inconvenience caused. This is the only way i can show you the trades. Thanks a lot for your kind response.
Siva
 

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I forgot that Monday is a market holiday. With P&D most likely released Tuesday before market opens, that makes tomorrow the last day for people to position themselves for the news. This makes me more optimistic for a Green Day tomorrow.
255.35 in the overnight, hopefully the momentum continues in to the open
 

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