Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register
  • TMC Podcast #11 will stream live Saturday at 1PM PDT. We will be joined by special guest JT Stukes, a former engineer at Tesla. You can watch it live and participate in the chat on YouTube. We will addressing viewer comments and questions. For more information, follow the TMC Podcast #11 thread.

Search results

  1. S

    Wiki Selling TSLA Options - Be the House

    They are not a problem for today, or probably for Q2, maybe after Q3? but I am hoping I will be able to buy them back. I was being a bit pedantic about it since I didnt have any CC to deal with before, but now I do.
  2. S

    Wiki Selling TSLA Options - Be the House

    Well, it seems like my margin call concerns have been alleviated in the near term. I now have a new problem, December 18 1100 CC. Fun times.
  3. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Someone is buying, we are disconnected from macros again
  4. S

    Wiki Selling TSLA Options - Be the House

    If we breach 600, I will exactly do this. Thanks, good tip and I agree 6 months out is better than 2 years.
  5. S

    Wiki Selling TSLA Options - Be the House

    Getting into territory where I will need to do drastic things and I dont like that. I had to sell December 1100 CC'd calls for cash earlier. I just transferred more over, but I dont really want to sell JUN 2024 CC, but I might have to. I need to make it to June 15th where I will have a large...
  6. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Where oh where is the capitulation point? Last time was at 563 during the COVID crash...Ive been watching the decline closely over the past few weeks. We are divorced from the rest of the market again today.
  7. S

    Wiki Selling TSLA Options - Be the House

    Any advice not advice on margin management strategies? I have a small number of contracts expiring in June 2024. I have to make it until June 15th when I have a large infusion of capital that could resolve this issue. As of this writing I think I am still good down to ~625 before things get...
  8. S

    Wiki Selling TSLA Options - Be the House

    If my charting is correct, we havent been this low since September 19, 2021. This is wild.
  9. S

    Wiki Selling TSLA Options - Be the House

    Rolled my Jan 2024 puts up and out to Jun 2024 and reduced contracts. This is some crazy *sugar*
  10. S

    Wiki Selling TSLA Options - Be the House

    Sub 800 in a few minutes. Be safe out there everyone. I have one last trick up my sleeve to get us down to $600 a share, this is ugly.
  11. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Should have done this a while ago since it seems like CyberTruck is maybe in 2023, maybe not....we'll trade our Model 3 in for a Model X. Our Model 3 from 2018 has the same trade in value for what we paid for it in 2018.
  12. S

    Wiki Selling TSLA Options - Be the House

    My Model Y is worth $13000 more than I paid for it...
  13. S

    Wiki Selling TSLA Options - Be the House

    This saved our taxes this year. It also made us question why we would ever take a car loan out or any other loan again when we can just deduct margin interest from our taxes.
  14. S

    Wiki Selling TSLA Options - Be the House

    I am on eTrade and my margin requirement has not changed from 40%. Ever since I opened the margin account it has been at 40%. EDIT: One other thing I am going to do is roll the RSU's I get through my through my employer into eTrade . With Morgan Stanley buying eTrade, I am hoping this will help...
  15. S

    Wiki Selling TSLA Options - Be the House

    I will also add onto my situation. With this latest event, I had to roll ALL of my puts to Jan 2024. Not happy about that as I had a pretty good plan to get back out of the mess from January. That obviously hasn't happened. Biggest lesson for me is being patient. Every move I make to try and...
  16. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    MM targeting 925 at close...already pinned it there now.
  17. S

    Wiki Selling TSLA Options - Be the House

    No, you don't. Trust me.
  18. S

    Wiki Selling TSLA Options - Be the House

    If he is selling anywhere near as many shares as last time, we will be at $500 a share at this rate.
  19. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Where is the floor going to be? Uptick rule triggered. Strap in, this could get ugly.
  20. S

    Wiki Selling TSLA Options - Be the House

    Rolled June 900 2022 and August 900 2022 to Jan 900 2024 for a sizeable credit. I had been holding this thinking the worst was over and honestly I should have closed the August 2022 at 60% on Thursday last week. I am still playing with the same puts I had from the fiasco in January. I am anxious...
  21. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Tell me if you've seen this story before...I bet we close under $1,000. Max pain is $985 for the week. Incredible job by the MM's.
  22. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Couple thoughts on our last two road trips to and from Florida (MD start). 2021 Model Y LR w/ FSD (no, not beta, they wont let me in!). First trip was in January for a wedding. Traveling on cold days is terrible, we started the trip with the temps in the 20's and it really is not good on the...
  23. S

    Wiki Selling TSLA Options - Be the House

    NOT ADVICE: I have done this twice now, once for some AUG 900's and once for some June 900's that were previously JAN2024 900's. I did something "safer" and kept the strikes the same even if it meant that I would be in them longer. As of this writing, they are at 60%, 35%, and 25%. I had to...
  24. S

    Wiki Selling TSLA Options - Be the House

    I have plenty of margin/cash, I thought the same thing. I dont know what else I am dong wrong here. EDIT: eTrade would not let me do this in one leg, it required me to execute the BTC then the STO in separate transactions
  25. S

    Wiki Selling TSLA Options - Be the House

    Having some trouble rolling some puts backward. Can anyone offer any insight into what might be happening? Lets say I had (these are made up) 5 Jan 2024 900 puts. I wanted to roll 1 of them back to 5 Jun 2022 930 puts. I enter that trade and it has been rejected 4 times. First time was for...
  26. S

    Wiki Selling TSLA Options - Be the House

    I think I’ll be rolling back my jan2024 puts to may or June ish timeframe at 900 or 950. Stock spilt announcement caught everyone off guard I think.
  27. S

    Wiki Selling TSLA Options - Be the House

    I have held off on rolling back any of my 900 puts from Jan 2024 so far. Going to wait a few days to let this all settle. We're at what, 6 green days in a row? Bound to have a red day somewhere in here. But who knows, if the war in Ukraine ends....thats surely a 10% correction. Meanwhile my Aug...
  28. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Max pain is 840 as of open today, probably higher with all the call buying. I dont think this gets held under 900.
  29. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    IMO, since that big spike after Q1 P&D TSLA has looked like its just following marcos and being amplified (2-5x) on the way down, less so on the way up. I am hoping that institutions will start buying again for Q2
  30. S

    Wiki Selling TSLA Options - Be the House

    Sorry for the late response...NOT ADVICE: Margin is tied up and you are likely going to have to introduce additional contracts to get back to the same strike price you are currently at. For example, let's say I have 5 JAN 2024 900's, that will likely mean I need 15 AUG 900-950's if I roll them...
  31. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Yawn, this is getting exhausting. I am so over this downward channel we are in, frankly this feels a lot like 2018 all over again. I wonder if we touch 700 this week given how this week has gone so far.
  32. S

    Wiki Selling TSLA Options - Be the House

    Yes, this is exactly my plan. Im sure the 900 puts would have to be at a higher strike than what they currently are (900). I also think the number of contracts will be higher as well. Those are levers I think I would play with. Lets say we hit 1100 -- I think I could get out of these by the...
  33. S

    Wiki Selling TSLA Options - Be the House

    We might end up this week sub 700 at this rate. TSLA is now down ~36.5% from ATH since January 3rd. Should be great for you covered call sellers! Once we touch 720, I am going to have to roll my last set of 900 AUG puts to 2024 for margin concerns. I should be good down to $400 a share then...
  34. S

    Wiki Selling TSLA Options - Be the House

    Shrug, I am reading the thread but sitting on my hands until my AUG 900 puts clear themselves off my books. Not interested in selling covered calls in this environment.
  35. S

    Wiki Selling TSLA Options - Be the House

    Looking for some advice/not advice now that we have bottomed. I have some Jan 2024 850 puts I want to pull back closer to expiry so I can close them out, free margin, and continue selling 20% OTM puts. Best way to do this? My thought was to either roll them all forward to like August 900 or...
  36. S

    Wiki Selling TSLA Options - Be the House

    My worry here is that we havent seen ANY support on this drop down. Where is the bottom? We are far past any technicals at this point and IMO, we might touch the 695 mark (where the S&P index funds bought in) before we go back up. Does anyone know where the other gaps are? I saw someone post...
  37. S

    Wiki Selling TSLA Options - Be the House

    Looking for some advice, not advice here... @ChefBoyardee did something a bit more aggressive than what I am looking to do, but say I liquidated all of my TSLA holdings and converted all of those shares to LEAPs -- I would target 700 or 800 strike price in Jan 2024, which would give me a break...
  38. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Correct, this is just MM pushing TSLA below the lower BB, 200 DMA, etc. Triggering stop losses and getting shares for cheap. It is their MO
  39. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    IMHO, TSLA is exaggerating the macros by x10 today
  40. S

    Wiki Selling TSLA Options - Be the House

    I just rolled everything to Jan 2024 and closed half of the open contracts with the proceedings. Edit: I also needed to free up some margin for an impending home purchase
  41. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    I dont think the tweet had any impact on the stock price. We were just following the macros x2
  42. S

    Wiki Selling TSLA Options - Be the House

    I've already mentioned this before, but I have exercised calls during trading hours, which were deep ITM and had plenty of time value left. This was right around the S&P 500 inclusion. To do this, I had to call the trading desk, explain many times why I wanted to do this even though there was...
  43. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Feel free to check out the other thread, lots of not advice, advice on this type of situation where you dont need to sell your shares.
  44. S

    Wiki Selling TSLA Options - Be the House

    I had a similar position as you. Not advice. I rolled my 2/4 960 puts to August 19 850 for a credit enough to pay my tax bill from last year. My intent is to roll these back in if we start moving up. It would likely be a April 980/990 strike based on what I’ve seen so far. So in effect I will...
  45. S

    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    I wish this were true. QQQ is +1.38%, Microsoft is +2.14% and TSLA is +2.26%. They are still holding us down and I suspect that even if we end up green, it will be sub 940.
  46. S

    Wiki Selling TSLA Options - Be the House

    No disagreement that when IV is high is when we should be selling options. The nice part about these last 2 week is that we are stuck in a channel and not having 20%+ swings. THAT is the sweet spot IMO. This should last for a few weeks until IV follows.
  47. S

    Wiki Selling TSLA Options - Be the House

    Times like this are the best to sell options....little to no volatility. Its a shame I am sitting on the sidelines until we have a big move up and or its August!
  48. S

    Wiki Selling TSLA Options - Be the House

    My plan is roll my august 850 puts closer to current date at a higher strike if we near ATH. This will counteract the theta.
  49. S

    Wiki Selling TSLA Options - Be the House

    At open, I am going to roll my 980 2/25 puts out to August or September and down as far as possible. I do think we are headed towards a not fun environment and better safe than sorry. EDIT: Rolled everything to August 19th 850 Puts for enough of a credit to pay my tax bill. This will also let...
  50. S

    Wiki Selling TSLA Options - Be the House

    Would be nice, but unlikely considering the shorties just walked the price all the way back down

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top