Recent content by Tempus

Like a lot of folks here, i'm trying to deal with some -c200's for 6/23 - written against shares i don't really want to let go at that price. I found an intriguing option. I have a lot of leaps between 250 and 290. Theoretically I could extend from 10x -c200 for 6/23 to 50x -c300 expiring in...

I bet that dings them on the JD power survey..

I opened a BPS too early yesterday as well. 800 - 1000 for me. Hoping we catch the bottom here and I can still close for full profit, but with a 200 wide spread, I feel ok about that one (just wish i had waited a bit longer yesterday for either a lower entry or more $$). Staying more...

i pretty much agree with all of this. I see the potential for it to be a real world-scale game changer. I mean, there's a reason Elon keeps talking about the labor market in the terms he does when discussing the bot. That said - context. This was an earnings call. What did we do in Q4/2021...

Just a couple of brief thoughts waiting for market open. I think Elon's response to the $25k car question was a bit telling (apart from the FSD detour - that didn't seem to answer the question at all). He said something along the lines that everyone is framing the question wrong. I think (as...

debating rolling my 860-960 BPS for this week 2 weeks out to 2/11 and widening to 150 wide. I can get 740-890 for a small debit, or 750-900 for a small credit. I have the margin room in the account to do this (IRA so all cash covered)... seems like that buys me a bit of breathing room for...

I bit on the headfake this morning at 1070. Opened a set of 850-950 BPS for 1/21. At the end of the day they should be fine, but always annoying to see them go immediately into the red.

Mostly stood pat today - clearly the 1/14 850-1000's look a bit better than they did in the morning. I did make one adjustment. I had a set of 910-1010's that I rolled to 890-990 1/21 for a decent credit mid-afternoon. Felt like with the strong upward movement today it was a good time to...

Mix of 850-100- and 900-1000. Experimenting a bit with different spread sizes, and like others have mentioned upthread, 1000 feels pretty good for a floor at this point. Might have to start moving out to 200-wide spreads though going forward to help make potential rolling easier

bets are placed for 1/14 - now the boring part. Sitting back and watching for the next few days.

got back in with 1/14 850-1000 BPS on about 50% of my usual volume. These are already up 30%, so feeling damn good about that. Looking for a better entry for the rest of my BPS for next week - i figure i've got a couple of days to see how things play out. Also tempted by the 1/7 1310 LCC -...

My Jan 7 800-950's were all 98% profit this morning, so those are now all closed. Looking for a good point for re-entry, likely for the 1/14's. Looking at 850-1000 (had been doing 100 wide spreads, should probably be at 200-wide - need to see how much widening impacts my available margin).

Doom and gloom in this thread this morning. Maybe that's a good sign. With the lower open today, I gave up and rolled my remaining BPS for this week out (they were all at 830-930, was hoping to sneak those into closing today so i could open something significantly lower). I didn't really...

Debating rolling my Dec 17 850-950 BPS out to Jan 7. I could get an easy $15/per on this move, which is pretty good for 3 weeks. It also lets me take a decent sized capital gains loss for the end of 2021 to offset some of my stellar gains... It also lets me relax and ignore the day to day for...

Minor annectdotal note - i find it much easier to close spreads early when the raw dollar values are low. For example, I have a BPS open with 100 contracts that is at 75% for this week - but it's got 5 figures of raw dollars still open. I found it a lot easier to close the one that was at the...