Recent content by AquaY

Besides the suggestions @jcanoe mentioned I bought a sunshade for the ceiling Tesla Model Y Glass Roof Sunshade by BASENOR ( I'm sure there are many others). It was cheap. Easy install. easily removable if you want to and it cuts the heat dramatically

The difference in stress can be summed up with the Breakfast analogy of the difference between imvolved and commited. The Chicken is involved. The Pig is commited. When you're doing surgery you're involved, But with your money, you're commited.

I'm sorry to hear about your losses. Many of us have taken a beating this year. Me included. For me I was great until October. Lost all my profits of the last 2 years and then some

No. And Maybe. Closing pirce is used by the OCC , under the CBOE for automatic assignments but someone may exercise their long puts after hours if they wish to do so. So they would not be automatically assigned but someone may decide to do so after hours , up to 5:30PM The stock market closes...

why would it benefit someone that " knew something" was going to pop Wednesday to exercise 293.33 puts? If the stock dropped to 150 or rose to $240 He still gets paid $293.33. The thing that changes is the Extrinsic value and most likely that made the extrinsic value greater after the pop...

Should make me whole or close to it. Possibly even small profit. I held off on selling the shares and the put since I liked where the market was opening. I should have done it though just to see exactly what it would have netted me

I was assigned 4x 245 Jan 20 2023 puts last night. I've been tracking Extrinsic on my DITM short puts. Yesterday afternoon while the SP was 168.67 the extrinsic value of the 245s were .3475 I also am short 275 strike puts for Feb anbd their extrinsic at the same ime was .1338 and none of those...

Hi Treb!

I think we have more pain to feel and for awhile. Sorry to hear about your hit. I've been hurt too

Close but not exactly. Most systems use the mid of the Bid/offer spread.. Problem with DITM is they can be illiquid and the spread can be huge. I know etrade has a screen that shows the Extrinsic and I've been following that for awhile for my problematic short puts

I think you're mistaken on the amount of extrinsic value they had left.

Early execution when Extrinsic value is above zero is almost always retail. It would be illogical for a MM to do it. In order for them to get their cash they need to deliever stock. The fact that exercising puts gets you cash is why puts get ecxercised more often early than calls but it is...

Elon sells in the worst way possible he does not have to sell in the open market and usually huge blocks like this are sold in private placements. When he first sold and crushed us because he had to pay huge amounts of taxes( the highest in American history )I felt he either didn’t know...

well he feels 173 is support and we should bounce then due to capitulation. I hope he's right. But I think we can easily drop into the 160s. Of course CPI is the important part. I hate relying on hope but I hope its a good number. I actually just hope its not worse than expected.

If you want me to lie I'll tell you not to worry about it