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Thanks that makes a lot sense! Is the Jan 24 a yearly option? Then Sep and Dec are quarterly?

But Jan 24 is available now. So Sep 23 and Dec 23 are not released yet, but Jan 24 is available already. Do other people see the same?

Any idea why there is no options expiring in Sep 23 and Dec 23?

I closed the 100 contracts for May 7 '21 $620 Put today for 70% gain. Not bad, felt lucky!

Thanks for asking. Did it fill in a single block? - It was filled in a single block with a limit price (mid price). I did some experiments before and found that 1. Clearly market maker can handle this size easily. I think it is more on the dollar amount rather than the number of contacts...

It might be helpful to look for a strike with large Open Interest. So your chance to get chosen is (your number of contracts / total open interest). E.g., if you sold 1 contract with 9 open interest, when someone exercises the option, your chance to be chosen is 1/10. 10 is from the 9 existing...

Thanks for asking! I was't sure if those details are helpful. For May 7 '21 $620 Put, I start with the strike first: I basically did spot stock price $690 - $70 (roughly the 30 day IV). I use 30 day IV to get 68% of winning chance. (1 standard deviation) Then I choose a date from 30 days to...

This is really a good thread to learn option trading. Want to share some trades I made today. First trade is I sold 100 contracts for May 7 '21 $620 Put at $23.8. Second trade is I sold 30 contract for Jan21 '22 $500 Put at $63.6. Wish me luck! Thanks!:)

I am glad my video is helpful!

Can someone share what broker they use and what is the Tesla margin maintenance requirement? I am on Interactive Broker and it is 70%. Means if I have $100k worth of Tsla I can borrow $30k. Robinhood is at 50% now.

No more 0 carry deals since Aug 2020 based on what I see. Now the market average is 20%. I mean for SpaceX of course. Hope the 0 carry days will be back some day.

As a starter, if anyone is interested in the future, some tips I learned. 1. For all the leads I know, they require the Qualified Purchaser status. Not Accredited Investor. 2. If this is your first, be familiar with terms like: access fee, management fee and carry You need to prepare...

Thanks @fiveten for thinking me legit (seemed) :). I cant disclose any info publicly because of NDA. I am not a broker and not a salesman tying to sell anything. I am an investor and trying to help others to get in. But i was banned.. It is not easy with private company investment, and it...

https://twitter.com/davidzhao365/status/1354901109693845505?s=21 I have a lead to get in SpaceX investment, DM me your name, citizenship, background, LinkedIn page, how much you want to put in ASAP pls. And your past investment in other private companies pls Verify my Twitter above pls thanks

Try VC?

1. I believe for neural nets, the net structure and the net parameters are usually stored in a DB rather than represented in the code. The neural nets they use can be huge and that data is in DB not in the code. 2. Also Elon might be talking about the code running in the car, which should be...

Have question about Ark and Tesla. Ark has a huge inflow. So do they spend 10% of the inflow into buying Tsla? If so is that reflected in the daily Ark trade list email? inflow data Bloomberg - Are you a robot?

Here is the close cross for today. I think it is on the high side but not unusual

Just found this thread! Thank @Nocturnal for introducing! I have invested $500k into SpaceX in 2020. Now looking to put in $5m, anyone knows a seller?

I am looking to invest $5m into SpaceX, anyone knows a seller? Open to SPV investment.

I am looking to invest $5m into SpaceX, anyone knows a seller? Open to SPV investment.

I see so many options expiring next week (Jan15 2021), significantly larger than any other date, and a lot of them are ditm. based on the link below it may take out 1/5 of the delta hedge needed just in that week. Could it cause pressure on the stock? https://tsla-oi.s3.amazonaws.com/index.html

Some update about Berlin permit https://twitter.com/torquenewsauto/status/1346212281705766919?s=21

Just checked that my return for the whole year is about 39x. it has been an intense year and wish I can take a break soon. I am still at 50% call now so there is pressure. I am 100% in Tsla, half shares and half calls. what a year. Wish I can contribute more to TMC and the world in the new year.

My account value goes across a major milestone today. I can’t thank you and people on this forum enough. Thank you! it is amazing that 99% of my stock investment knowledge is learned on TMC and it is Tesla that made me learn to invest so much. Before I drove a Tesla in 2019 I only put 1% of...

I love this image so much https://twitter.com/jasonchaaang/status/1344456421685882881?s=21

I just took a ride using FSD Beta with Vincent (twitter), and decided to keep all my calls after the first left turn :) It is amazing. Taking a ride is very different from watching Youtube videos. If you can get a chance, I highly recommend you try it. Given the iteration speed I think Tesla...

I just rolled all deep ITM calls to $600 in the past 3 months :). What is your target parameter for the next rolling after q4?

Thanks! That makes a lot of sense. I plan to roll them every 6 to 12 month, and leave at least 12 month before expiration at any point of time.

Thanks for sharing! While using the LEAP strategy, did you have any bad experiences? Any risk and mitigations? Interestingly my leverage is about 1.5x too. But to achieve the same leverage, we can do 2 methods: 1. 100% not too deep ITM leap 2. 50% shares + 50% ATM leaps Any reason you chose...

Is there anyone holding more than 40% of Leaps for a long time (2 to 3 years)? Any personal lessons/experience learned? Thank you!

Need some advice (thoughts). I am at 60% shares and 40% leap, the leap is Jun 22 $600 call, more like ATM. My intuitive thought is to adjust to 60% shares 30% Jun22 $600 call (18 month out) add 10% Jun21 $600 call (6 month out). This is to slightly increase the leverage by adding Jun21...

This is from Webull.

https://twitter.com/ericbalchunas/status/1340297373269057537?s=21

When is the wedding? (Kidding, wedding for you and your shares :) ) So true, I bought some shares using short term fall profit in the last hour and felt like a steal. I never sold any shares except the Covid crash when I converted some shares to calls.

I sold all my 20% Jan21 $500 call and rolled into shares and Jun22 $600 call. About 50% gain overall since the announcement, which is the same as my Jun22 leap. :) Now I don’t know why I did this short term play and stared at the SP everyday. :) overall I am 50% shares and 50% leaps now...

Huge congrats Frank! Well deserved profit

Iv change for various dates. IV going down a bit for leaps?

can the block trade desk respond so quickly? I never called them so curious to know how it works . When I call customer service, Sometimes it takes a while for someone to pick up. So I guess it is not the normal phone number to call?

You mean call IB? Can they respond so quickly?

A lot more large orders https://twitter.com/davidzhao365/status/1339942318409875463?s=21

Opening cross https://twitter.com/davidzhao365/status/1339941309499392000?s=21

Cross begin, in process and finish

I am posting the cross in real time https://twitter.com/davidzhao365/status/1339674445946875906?s=21

When you roll why there is loss generated? I think most leaps should be profitable this year?

That is fast!

Btw my portfolio is as follows 20% Jan21 $500 call 30% Jun22 $600 call (leap) 50% shares 2% spare cash which is enough for a year of cost of living.

I trust your model and I think your model covers both the passive fund and active funds. So one possibility is passive funds can bring us to $600 and active funds will take us to $800. It just takes time for active funds to make a plan to enter after Tesla is part of the index officially. I...

You gave me some hope Frank!