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Glad I closed my $250 puts yesterday right before the close and didn't roll to 7/28. I'll sell new ones this morning around the open, just need to pick strikes. Anyone else writing weekly (or longer dated) puts at this point?

Decisions decisions - sitting on $250 puts expiring Friday and debating whether to roll today to take advantage of pre-earnings IV, or close them out (they're up 85+% now) and reopen tomorrow.

You think the Model 3 is small? I'm looking for one of these as a weekend car...

I rolled my $235s down to $225 for next week when we were down 5%. Record P&D doesn't mean much to me if margins continue to decline.

I continue to write puts for this week ($220 - $235) and next (from $200-$220). I presently hold no shares so I'm looking to avoid being put shares at these price levels. If we see a sustained 10% pullback I'll take shares and start writing CC's again.

Congrats to you guys still selling CC's. I'm now selling puts on the 5% drop today, I wrote some $235s @ $2, $220s @ $0.68, and $210s @ $0.35 for 6/30.

I am of a different opinion, but I'm also someone sitting on all cash and some TSLA puts right now since all of my shares were called at lower circa $200 prices. I think margins will continue to compress (given the volume increasing narrative) and wall street won't like that. You'll get a...

Trying to roll all of my garbage covered calls, otherwise I'm going to be stuck getting called out of most shares in the $190s.

How do you all think about LEAP rolls? I have June '24 133.33 LEAPS, and to roll out 18 months to Dec '25, I'd have to roll up to $175s (or $160s for June '24). How do you all think about your DITM LEAP rolls?

As long as tomorrow's range is anything to $167.5 I'll be happy! I've been quiet lately, but putting on covered calls every week and rolling. I've been called out once (and then subsequently wrote puts which were exercised against me), but haven't been exposed to a big run higher. Unlike last...

V11 has been much better for me in terms of smoothness, decision making and dealing with non-standard situations. I am having a harder time actually getting into FSD once driving on non-highway roads. Additionally, I'm not a fan of the car hugging the outside lane when passing semi's, but I...

Rolled my 3/31 $175 covered calls to 4/14 $177.5s for $1. I also sold 4/6 $180 puts for next week for $2.25. I continue to write these since I was called out of most of my position about 3 weeks ago.

And I'm out - closed these out just now about for a ~50% gain. I wouldn't be surprised if we have another see-saw day tomorrow or early next week.

I'm aware and its a small trade that I'm likely not going to hold overnight. It was also a poor choice of stock vs options - the option is up 25% as of right now, but the stock is up about 50% from where I could have got this at the open.

Non-TSLA trade - I sold FRC 4/21 $20 puts this morning for north of $7 a pop. IV was around 350% and my net purchase price would be under $13/share. The stock is trading like the company is heading towards an equity wipe-out even and after the news the FDIC/Fed will step in and backstop to...

Yes - filled around the open. I closed 3/17s $165 at $0.52 and opened the 160s at $1.55 and the 170s at $3.49. I'm rolling up and down vs the $165s.

Rolled my 3/17 $165 puts this morning to 3/24 (split $170 and $160) for a net $4 credit. As many of you probably know, I was called out of my big TSLA position at $155/160. I've been writing puts about 10% below market and using the cash to buy VOO.

A breakout from a breakout - what percentage off the lows will folks "take profits"? Remember, its not just TMC investors in the stock. I am still rolling my DITM covered calls, with an aim to roll up $5 every two weeks paid for by selling some puts about 10% OTM.

Right, but many are ignoring the fact that from a valuation standpoint, we never should have been that high if the fed wasn't buying assets hand over fist. I am going to focus more on my own valuation assessment of what TSLA is worth and buy/sell based on that, and not the neverending opinion...

Personal opinion - everyone is ignoring the fact that TSLA is up over 100% in under 2 months from the lows. The market has gone from it could be a mild landing or bad, to its a mild landing and risk on. There's been so much "chartology" attempting to justify the continued run of all companies...

I just rolled my $152.5's out another week (same strike) for $0.38 credit. Ugh... I'm also closing some of my LEAPs that were done middle of last year that are about flat at this point. At this point, I need a breather to reassess my total portfolio. I got burnt on the way down with BPS...

Called out of our $140s in the parent's account, and I had to roll my $150s out a week to $152.5 in my main account. I can only hope for a reversion this week otherwise I'll be sitting out until prices come back down. My macro view is the whole market has gotten a bit ahead of itself via a...

Understand the process and be involved are my only tips. The process through installation went well for me (basically everything up until they get paid). They did the permits, town approvals, install, and utility approval parts fairly well. I called the town once or twice to check on status...

Likely sitting on my $150 CCs until Friday. I want to see how today plays out, and I think we have a red day Friday from profit taking. I could be wrong, but at this point, I think TSLA is a bit overbought and I'd be happy to sit on the sidelines briefly until the price reverts a bit.

That was partly my question - and thanks for your response. I am not doubting Tesla's manufacturing prowess, ability to sell cars at industry leading margins, or ability to continue to grow. I'm more concerned about how achievable it is to go from 1.3M vehicles to 20M vehicles in 8 years with...

You don't think folks will take profits on Thursday regardless of earnings? I can't see going up that high without a break, but what do I know given my record in 2022. People that bought close to $100 would be up 50% in less than a month. I can't see this going back to $250 this year unless...

Has anyone done any math on the market share equation and what may happen if other companies go out of business? Some smart folks I frequently debate TSLA with point to the 2030 number goal (20m cars/year) and believe there's zero chance TSLA will be selling 1 out of every 3 cars. Given there...

Up 2% pre-market today and Nasdaq is up. I'm really curious to see what happens with earnings this week. If we move up ~4-5% today, I'm writing covered calls on my entire position (likely $150-155 for Feb 3rd), and if I get called I'll write some puts at a price I'd like to re-enter at. Given...

SOLD

For TSLA's maybe - they have no choice. VROOM and Carvana are still ridiculously overpriced for most other cars. I'm looking at Honda Fits, and for a 2017 that cost $16,800 new, they want $19,500 for a used car with 58k miles on it. If these companies are still in business in 1-2 years, I'd be...

I sold a 1/20 $135 CC this morning when we were up about 4% for $1.25. I guess we'll have to see how this holds up tomorrow. I put in a roll order to roll it to 1/27 $140 for another $2.50. We'll see if that hits or not.

I did - post #4546 in September! To be fair, I own a high % of TSLA so that certainly pulled everything down quite a bit.

Just to keep myself honest, I'm reviewing my September picks. Small caps have done well, tech not so much. S&P returned 7.5% in this period. In addition to the below, I'm also looking at some beat up consumer names like VFC. GOOGL - still like, but as part of tech its still getting beat up...

Anyone looking for some great MPP parts?

Hi all - I'm selling a set of brand new MPP non-adjustable Comfort Coilovers for a Model 3 AWD/Performance and a set of brand new MPP Rear Camber Arms. I purchased these awhile back intending to install them over the winter but have decided to sell my Model 3 instead. Everything is still in...

I think I'm ready to officially quit options trading ladies and gents. My 12/23 140/125 BPS is obviously in bad shape, and I'm debating whether I attempt some creative roll for the hope that Q4 numbers turn the stock around or just close the account and move on. My inability to take a loss is...

I bought this morning (sold some staples and utilities that have held up well this year) given the RSI numbers and based on the fact that I feel we're close to max fear/negativity. Youtubers, wall street analysts and this board are all at maximum distaste for the stock and Elon, and I feel...

I chickened out early today and rolled my 150/135 to next week 140/125 for a $0.45 credit. Happy that my 145 and 140s expired worthless.

Sold $150 12/30 puts this morning for $5.30. I'm happy to pick up more shares at this level. If we go lower, I'm going to start selling consumer staples holdings of mine that have performed well to permit more cash secured puts.

Wrote 145/130 BPS to add to my 150/135s expiring this Friday. Was way late on this and wrote them for $0.52, but expect a repeat of last week with the stock down early in the week and up to flat towards the end of the week. The only wrinkle here is that we're gone against the QQQ today and...

Wrote some 150/135 BPS for this Friday for $0.35. Hopefully today is the worst of this week's downtrend in TSLA given the QQQ is up today.

I use a combo of the suction cup and a trim tool with a thin rag. I also cannot remove my Orbitals with the suction up alone.

I had reserved pre- price increase. We aren't eligible for the tax credit and I was fairly certain they wouldn't deliver by Dec 31 so I didn't want to take the risk of a car at this price point.

Lucid nice enough to send me a "Deck Your Driveway" email this morning offering me the ability to finance the car at $2k a month with $23,348 down. How thoughtful of them... tis the season.

I was considering trading my 3 for a Pure AWD and had the early price as well. I cancelled about a month ago for a few reasons, but I still am holding out that they're able to succeed in the long run.

Opened some 150/135 BPS for Friday when we were down 5% today for about $0.26. Certainly jumped the gun a bit, but willing to bet the short week doesn't close us down another 10%... although I've been wrong before.

Comments on the proposal were due in April 1st. This proposal was never voted on and approved, so it's not in effect. Ever after approval, there's a compliance date so we're months out until this could go into effect. https://www.sec.gov/rules/proposed/2021/34-93783-fact-sheet.pdf

I'm expecting sideways trading and volatility until we have a clear path to moderate inflation and a top for interest rates. Until we see sustained improvement on that and China, I think we don't start heading higher. For the next 6 months, I may be a Tesla trader - selling on strength (which...

Does anyone have any other tech stocks they like? On Friday, it seemed like there was a huge rotation from safety to growth, so I'd be more curious to hear about what others still think are undervalued tech stocks as opposed to arguing over who knows more about coding or what Elon is doing with...

Thankfully rolled my 180/160 BPS to 170/150 for credit when we were up. This is getting ugly.