Recent content by corduroy

Wow, what a week. My account is in the middle of a transfer to another broker so I am in a trading freeze. That probably saved me from selling some unfortunate calls. Nice to seem my remaining Dec -145 puts firmly OTM now. Good luck everyone.

I added some cheap insurance puts today. I hope I'm proven wrong and don't need these, but I'm not trusting this rise will hold.

Just my opinion, and we still could go lower, but selling calls when we are still at 5 year lows of RSI does not look like a good idea.

In my opinion there is nothing overly risky about selling BPS. They can still be a smart trade and offer a defined risk with multiple management possibilities. If used in a "relatively safe way". My 2 main rules of relatively safely trading BPS would be: - Only trading them as cash secured...

If put buying is drying up, it sounds like a good time to buy puts (for hedges).

I think another problem was, most of us considered TSLA "safe". We all learned that is definitely not the case. The company might have a bright future, but the stock is another story. It can disconnect from the company performance and stay that way longer than we can stay solvent. I think your...

I think we all got too cocky with TSLA. Especially putting aside tried and true investing strategies like diversification and going "all in". You should never set yourself up to be completely wiped out by any single position, even if it goes to 0. I know I was blinded by the love of the...

Surprisingly enough, BPS. Losses came twice on CCs, twice on BCS, and one time CSPs (closed yesterday for loss).

Well, thankfully we are at the end of another (crazy) year, so I totaled up all the results from my trading spreadsheet. Putting aside the huge crash in my portfolio value because of TSLA, and trying to look on the bright side - overall the options trading did pretty well. Total cash return was...

I've been on the fence about what to do about my DITM CSPs. They have been assigned 5 times and I keep selling back in the last couple weeks - mainly as a way to keep stalling and see what happens. Will we recover coming into earnings or head back down under $100? Who knows. Since I couldn't...

Are we now at the lowest RSI in 5 years?

Who would have thought Chicken's price target was wrong for being too bullish.

Some sad posts on here today. I think it's hard for our family and friends to understand what this experience is like, but it's great that we have this place where we can relate with each other. Hang in there everyone. I ended up selling all the assigned shares and re-selling my puts out to...

Looks like the Santa rally started, but Santa is keeping TSLA on the naughty list.

Got assigned on all my 1/27 -245s and -250 puts. I'm not sure what I'm going to do, probably sell them back.