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Recent content by cbh03

  1. cbh03

    Wiki Selling TSLA Options - Be the House

    Rolled TSLA 3/22 -p170 out to 12/20 -p120 for a small credit as I'm not ready to have those shares put to me amidst all of the doom and gloom. Buying at $120 in Dec. sounds good now, though I hope the SP is significantly higher and these expire worthless.
  2. cbh03

    Wiki Selling TSLA Options - Be the House

    With hindsight, I'm kicking myself for not closing some of my 1/27 140 and 150 CC's yesterday. I'm surprised that we didn't close under 130 today given the relatively low volume.
  3. cbh03

    Wiki Selling TSLA Options - Be the House

    Today is the first time I ever bought puts that weren't part of a BPS. Pretty much guarantees that SP rises tomorrow (or at least that I mis-time selling those puts :))
  4. cbh03

    Wiki Selling TSLA Options - Be the House

    I'm in a similar position with 9/30 295P's. My cost basis is around 287, so I plan to take assignment and sell a 300CC on Friday shortly before close (provided that it is clear that the shares will be put to me).
  5. cbh03

    Wiki Selling TSLA Options - Be the House

    Still holding on to my underwater 7/22 805 CC, but will roll if we breach 800. Opened 7/29 850 CC.
  6. cbh03

    Wiki Selling TSLA Options - Be the House

    Anyone have any plays around the earning report? I still have open 7/22 805 CC (opened 7/14). I was hoping to close before the earnings report, but am fine with rolling these if the SP breaches 800. I closed out 7/22 450/600 BPS for ~70% gain yesterday (opened 7/14).
  7. cbh03

    Wiki Selling TSLA Options - Be the House

    I ended up rolling the 735/935 to 700/890 (3:2 ratio) on 5/6 for a small credit. I closed out the 700/900 at a loss. Looking at my overall portfolio, a large drop tomorrow could put me close to a margin call. I'd rather close out the 700/900 to free up some room and live to fight another day. I...
  8. cbh03

    Wiki Selling TSLA Options - Be the House

    I have some BPS expiring tomorrow (735/935 and 700/900) that are underwater. With the recent rise in sp, I am torn between rolling them now or waiting until tomorrow. Apple and/or Amazon earnings could weigh heavily on the sp direction tomorrow. If they beat expectations, then the BPS could...
  9. cbh03

    New Tesla Facility in Arlington, VA

    My wife took this picture today of what looks like a new Tesla showroom and/or service center on Glebe Road in Arlington, VA. It is right next to the intersection of Glebe with I-395. Anyone have any details? Apologies if this has already been discussed.
  10. cbh03

    Wiki Selling TSLA Options - Be the House

    If you don't mind sharing, are you using the proceeds from these put sales to buy shares, buy calls/LEAPs, or otherwise invest in TSLA?
  11. cbh03

    Wiki Selling TSLA Options - Be the House

    Sold 2/4 -800/+600 @ $8.00 a few minutes ago with the SP close to $965. May open more once the market digests Powell's speech.
  12. cbh03

    Wiki Selling TSLA Options - Be the House

    I was hoping to open some new, conservative BPS today to take advantage of an IV crush and the possibility of the FED and/or an earnings beat keeping the SP at or above current price. I'm thinking that -800/+600 is a conservative position even with a sell the news event. Any not advice? Is...
  13. cbh03

    Wiki Selling TSLA Options - Be the House

    I ended up rolling my 1/14 850/1050 to 1/21 800/1000 around noon when the SP was slightly above $1040. I was able to improve the strike by $50 and decrease the number of open contracts by 20%, and I still got a small credit (adiggs, I hope you are proud :)). With the freed up margin, I can sell...
  14. cbh03

    Wiki Selling TSLA Options - Be the House

    I held all of my sold BPS through the dip in to the 900's last week as I believed it was temporary (or at least that the SP would move higher before 1/14). I thought about closing some of my positions, all of which were green, on Wednesday when we were over 1100. However, I did not close...