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  1. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Edit: Not quite @BornToFly views, but pretty good from the ground. Also, sorry everyone, but I missed @Chenkers ballsy trading because I was too busy sleeping in here on the Oregon coast. However, later in the day I did manage a single day trade -c955 (in $10, out $6.90). I’ll try harder...
  2. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    What about the March head fake? It was above a 50% fib level as well. Hmmm, maybe because it wasn’t a “bear” market, just a “correction.”
  3. ReddyLeaf

    Supercharger - Merritt BC - De Wolf Way

    Sorry, wasn’t showing for me. Closed and rebooted, now showing.
  4. ReddyLeaf

    Supercharger - Merritt BC - De Wolf Way

    @Chuq @corywright @mociaf9 Is this the correct location? 3663 De Wolf Way, Merritt, BC V1K 1C4, Canada...
  5. ReddyLeaf

    How much $ to retire and how to fund your lifestyle in retirement

    RIP Leafy. I sold my 2011 to a friend this Spring and still miss it for in town driving. Honestly, in CO I would continue bicycling (as I always did, though now I might go for an electric). Definitely wait on the order until things are settled a bit. Tesla is well-known for adjusting...
  6. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Just sold -c1010s at $4.05. Just felt like today’s pop has ended. Probably guaranteed the next leg up is in 5min. You’re welcome. Edit: and there it goes, jumped a couple $ right after my sell. Maybe it’s just the noise wiggle as bulls and bears fight for control. Edit 2: sold...
  7. ReddyLeaf

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

    First let me preface this with: I know nothing about manufacturing, but…… Let’s presume that Tesla, while testing a new, cheaper/faster way to make the Y, discovered it could be made at lower cost, lower factory footprint, and higher throughput than the current method for the model 3...
  8. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Wow, I need a cigarette 🚬. Closed my -c900s for a tiny profit & -c905s fo 80% profit (still small potatoes). So, a single call is $90k, for which I got $130 premium this AM, so <0.1% profit (closed before run over 900) for a huge amount of stress. Proof again, that selling CCs too close ATM...
  9. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Of course, because I sold 900&905 CCs at the open and didn’t close them for 70% gain at the MMD, figuring that the SP couldn’t rise $40 above MaxPain and take out the 900 call wall. 💩
  10. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Ok, you’re welcome. I sold a single -c905 today for $6.50, which now guarantees a continued rise. I was trying out @Yoona ‘s Fibonacci series technique and actual made a pretty well-timed trade. Sold at a local maximum, and the CC was down 15% in about 15 min. I don’t like to day trade in my...
  11. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Just noticed that ~950 looks like some major resistance. Hopefully we will break out soon, running up to the split, but I don’t know…..
  12. ReddyLeaf

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

    Interesting location, and “somewhat close” to the greater Sudbury area and Vale’s nickel mines. Might be great synergy there. Vale Canada - Wikipedia Vale confirms supply deal with Tesla for low-carbon nickel
  13. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Sold enough of the +c930s & +c960s to make a little profit (even considering my early buys on Friday). Still holding a few for the “big” profit. Really like that the MMD was only $10 so far, so I’m waiting for another leg up before selling the rest. Today’s action so far suggests that the...
  14. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Well, since I bought a few OTM calls for the next few weeks….. I’m now certain that the SP will stay flat or go down.:mad:
  15. ReddyLeaf

    Western Canada Superchargers

    How about the Twilight Resort at Montreal River Harbor? It’s about halfway between Wawa and Sault St. Marie. Well, if they can’t find power here …….. Google Maps
  16. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    9/12 +c930s @ $7.20-$10. That $10 was way too early. Never catch a falling knife. Edit: looks like that $7.20 was also too early. Are they really targeting -9.9% today? Damn, just bought a couple shares at $869.69.
  17. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    …..and MaxPain was listed as $885. Hmmmmm. Time to buy calls for Monday? Edit: boughr 8/12 +c930 @$9.35-$10, +c960 @$5.45, and 9/02 +c990 @ $17.70 (early, so probably we drop until close :mad:).
  18. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    FYI, I’m trying out the LEAPS rolling method outlined by @Papafox and it’s working out pretty well. A while back I bought some Sept c500s when I let some CCs get assigned. After the recent run up, rolled those up to c600s, 2 for 3, and they are now about 0.93 delta. For a net zero roll out...
  19. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    This is why I come to this thread, absolutely fantastic information. You should be a mandatory daily poster, along with @Yoona, @Drezil and a handful of other posters. Thanks to everyone. I wish that I could provide even 1/100th of the knowledge that everyone else does. My best input is to...
  20. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Same with me. Definitely got steamrolled. STO $21, BTC $60-70. Oh well, now my p1000s and p1100s are closer, but still so far.
  21. ReddyLeaf

    Rolling LEAPS?

    I think they just all divide by 3. For non-integer values, they may round a bit, but not significant. Unfortunately, some of those weird ones won’t be heavily traded, so may have a larger bid-ask spread. I plan to get into options divisible by three asap. FYI, my c500s are now worth more than...
  22. ReddyLeaf

    Rolling LEAPS?

    I’m sure there are many folks with these same thoughts. I can’t help you much because my foray into LEAPS has been a disaster. I’ve always mistimed: buying high, selling low whether they have been OTM or ITM. My current 9/16 +c500s are down significantly from when I bought them and I’ll...
  23. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Looks real, but I can’t believe that trade at 712 actually happened.
  24. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    According to MaxPain, ATM IV is up to 94 right before close. Next week’s is 71. So, no matter which way the SP goes, IV will drop tomorrow. Place your bets accordingly.
  25. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    See you and raise. Sold 7/22 -c755s and planning to hold to Friday afternoon. Also have 7/29 -c750s/-p750s, letting theta do its thing. Must raise more cash to deal with 9/16 -p1000s.:mad: Edit: @jeewee3000 wins. -c700s are way too aggressive for me.
  26. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Good observations. A typical day spread is $30+/- and if timed properly can be more profitable than when mistimed. I decided to sell one -c755 Monday AM at $21.00. I should have sold more, because they were below $14 recently. I’m still holding, expecting the IV crush to help on Thursday...
  27. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Another decent week, especially nice after being a little bit steamrolled the previous week. Last Friday, I was forced to sell some shares at ~$750 in order to roll ITM CCs to this week and farther out. Last Thursday, I had closed -c730s for about 85% profit, but then resold -c735s a few hours...
  28. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Yes, we’ve heard this 100 times, but this is why this thread is the most valuable one on TMC. Thanks again for bringing us back home. 😍
  29. ReddyLeaf

    Help! What do I do with a flat tire?

    I would just go to Les Schwab. They have fixed me up in the past (as long as it can be fixed). It was somewhere in Bellevue-Kirkland area and even free. I would stay away from the goop or DYI fixes,but that’s just me. PM me if you need assist or ride home.
  30. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    I’m expecting it. Closed my -p695s for $2.85 (STO $20.20 Wed, so 85% profit). Waiting until tomorrow or today’s slide to close/roll the other side of the straddle (-c705s). Unless we drop back to 690 MaxPain, I’ll probably go out to 7/22 -c755/-p700. Edit: Those puts were initially 700s (7/1...
  31. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Timed the MMD to roll one -700p to -695p for credit $1 and closed one -700c (STO at $42, BTC at $11.50). Unfortunately completed the second legs early but didn’t want to get greedy. This converts the strangle to a wider 695/705 straddle, still this week. Will wait to resell the CC on the...
  32. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Well, it might be a mistake, but I sold a couple of -c705s at $10.60 when the SP hit 682. This is in the same account as the 700 straddle that I sold last week ($17.80+$42.00), so something’s got to give. Interesting how much decay (and probably IV drop) there has been on those since Friday...
  33. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Sorry, that’s all my fault. I just couldn’t resist, knowing that I was only 17 shares short of another lot. I sold some -c720s for a few weeks out to get some cash, and literally 1 min later the SP spiked. I got the shares, but once again impeccably lousy timing, selling CCs into a rising SP...
  34. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Bought back 755CCs, hoping to resell after a bounce, and the SP fell $15 off a cliff. Once again, my timing is impeccable. That’s it, I’m out for the week until I have to roll -p715s to next week. Crazy, MaxPain this AM was $720 with small walls at p700 & c750. They tested the call wall and...
  35. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    ⬆️ Probably because of month-end DCA buying in 401(k)s. Nothing savers can do, the buys are with every paycheck, typically the last day of the month. People paid monthly are typically salaried and save more into their 401(k) than people paid weekly or biweekly (hourly). You can see it in the SP...
  36. ReddyLeaf

    My super charger rate reduced from 130kW to 58kW

    Interesting. This might be another indication that Tesla is prioritizing “paying” charging customers over us lowly freeloaders.:rolleyes:
  37. ReddyLeaf

    Tesla Supercharger network

    Supercharger - Sutherlin, OR Ok, supercharger experts. What is this? A new model for the next decade? This is in a rural area jus about 2-3 hrs outside of Portland, OR, just about perfect distance. 12-unit prefab? Whoa.😱🤯
  38. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Keep the faith. The trend is good right now and 800 is certainly possible with five days rising in anticipation of P&D and end of month retirement DCA buying. I’m not planning to sell CCs until at least Wednesday, and probably not until Thursday 20% OTM, probably 905s though I might get crazy...
  39. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Given the historical data that Yoona has presented, maybe you should believe the opposite of that guy. Options market indicates <2% chance of hitting 900 next week (c900s were $0.50, 0.014 delta). I would love to see similar results as those three weeks around July 2020. Yes, it’s possible...
  40. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Well, it looks like I got today wrong. Didn’t move fast enough this AM, because I was expecting 705-710. Closed -c730s and -c750s for another $1-$2 profit from yesterday. Unfortunately, the -c720s got steamrolled and had to roll them to next week’s 755s for $2 credit. Oh well, I can keep...
  41. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Probably because I don’t have as much on the line as you do.;)
  42. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    As expected, they “tested” the 700 put wall, then bounced from 690 back to 710. This time I was ready (well kinda since I forgot to set my alarm clock). I bought back calls at 75% profit (12.50->3.20), then reset sell orders on $5 different strikes. Two accounts I went down a strike and one I...
  43. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Ok, truth time. Even though today SP action was almost exactly as I expected, I still managed to screw up. Once again, my timing was terrible, selling c725s at $12.50, way too early. Then, during the rocket rise to 740, got scared and rolled my 715 strangle to next week, though for about $15cr...
  44. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Ok, legged into my 715 strangle for this week. The put was rolled awhile back for $54.xx, got below $20. CC sold for $19.20 this AM, though a bit early. Also, sold those 7/8 c800s for $14.20 (bought Friday at $5-6, so decent profit). I still expect MaxPain to control the close to below $700...
  45. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    I noticed something similar and was guessing that IV has decreased. For my weekend charting, it looks favorable that we closed above the Thursday low. Notice also, that Thursday’s minimum was higher than the 5/24 $620.57, another good sign. Finally, MaxPain was suggesting a >$680 close next...
  46. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Not to pick on you, but I’m wondering if you might be questioning your CC closes yesterday vs today. I did something similar, and have now realized how much I left on the table. If we do close below $650, of course not a certainty, then there would be $9 unrealized on those c650s. In any...
  47. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Ok, they have done it again, dropping to -10%. Why are we not predicting this every time? Why am I not waiting for this? Ok, this time I’m jumping on this. Bought one 7/08 +c800 at $6.15 and one more share at $631.50. That’s it, only enough cash in one account to buy one more share, and I’m...
  48. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Damn, when will this craziness stop? I really expected use to hold above 650 and near 655 Friday close. I closed all my CCs for 50-75% profit this AM, hoping for a relief rally. Alas too early. Anyway bought another handful of shares at 652.xx
  49. ReddyLeaf

    Wiki Selling TSLA Options - Be the House

    Well, this AM I realized that I was only 8 shares short of another lot, so…… Sold one 6/24 -c715, used the cash to buyback/roll 6/17 -p735 to 6/24 -p715, then proceeded to pick up those shares on little dips. Fun day trading the peaks and dips. Didn’t really hit anything right on, and it...

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