Search results

I don’t follow some of these thoughts. Elon’s skill in using social media is world class. He is masterful , witty, irreverent, fascinating, thought provoking, insightful, kind, profound, hilarious, disruptive, fearless, bold, sharp, cutting, concise and precise. How is this a problem? It seems...

I have not seen an Elon tweet that I didn’t like. Not yet.

My apologies if I have unwittingly given credence to troll-ish behavior or posts, but I do genuinely appreciate alternative viewpoints to my own. Unlike most of you amazing contributors, I do not spend enough consistent time here to immediately recognize when someone may be chumming the waters...

My experience with FSD beta is very similar to yours. However, I keep reminding myself; It *is* still in beta. I believe the level of functionality lives up to the beta status. It operates in a manner consistent to other public beta products I have used, such as iOS. What I have determined...

I personally appreciate his relatively reasonable response and the somewhat refreshing counterbalance to echo chamber regurgitation. I don't agree with everything cap'n diesel is saying, but do appreciate the difference of opinion. I also think there is a lot of validity to *some of* these...

We have a small livestock farm and have a lot of experience with frequent towing. We bought a 2020 Model X as a placeholder for our Cybertruck and have a fair amount of experience using it as our farm "truck" and towing vehicle for both a 16' aluminum livestock trailer and a 24' aluminum...

Wouldn't he just write it off as a business expense with the purchase of Twitter?

I have reached out to the email you provided. Will provide update.

I just checked premium on our 2020 Model X in Oregon and it was $30/month MORE than our Progressive policy. ($148/month Tesla Insurance, $118/month Progressive.) Coverages and deductibles are roughly the same. If I ratchet all of the deductibles and coverage amounts to the minimum I can get...

How did you get your Volvo covered? I tried to add our Range Rover in Oregon and it would not accept the VIN as valid.

I concur. Synthesis looks good. I believe it is for 6 years and older however. My oldest is also approaching 5 years of age, and I also am in a remote part of Oregon with home schooling the goal for our three. I vote for making this a dedicated discussion thread.

I would like a second battery and possibly charger for ours. Any ideas?

That sounds right, but depending on your account value and margin usage the realized losses when closing contracts combined with current stock price downturn will reduce available margin. You may have less margin available than you started with. At least that is the case for me.

It seems you could roll the strike prices up a bit for next week and wind up with a smaller debit or perhaps a credit?

I suppose. But I also possibly increase the potential size of the loss. And if conditions maintain or worsen, I eventually run out of room to roll. In the meantime it seems I am sitting on that potentially losing position when I could alternatively be starting the recovery process sooner by...

My short legs are -1120p, -1100p, -1080p My long legs are +1000p, +950p, +910p I also have +800p and +840p as protective puts. In addition my core shares are deep underwater as well, which pinches margin harder. It is pretty ugly. Ah the lessons hopefully learned... When I try to roll, the...

I have similar positions but far worse...

A combination of no cash or margin left to work with and very DITM spreads has left me with incredibly undesirable options for rolling. I fear I will be digging a deeper hole and end up losing more if I roll. Whereas buying back the spreads may give me the opportunity to open some new...

I am an abysmal trader. I think I am going to close out my DITM 1/28/22 BPS at max loss and open new ones at this low stock price. Not sure what else to do at this point.

Based on the stock price activity it is clear to me that the TSLA algo-bots use this thread as their primary feedstock. 🤣

I agree. I say release a "Roadster" or at least "MX Plaid" version of the Cybertruck. Price it at $70-90k, optioned out to $130k. I would still buy two. I currently have a Model X and a Range Rover as my placeholders and they are both in the $120-130k range. I would trade them for two CTs in...

There is no reason to build a $25k car if a $60k car can 'replicate' itself into the equivalent of 5 cars. Like @AudubonB said Elon is quadrupling down on FSD. He is thinking way ahead of everyone.

I agree. I suppose to a certain degree it becomes like watching the scoreboard at a football game for folks.

With all of the rolls from week to week for credits, strike modifications, spread mods etc., it can become very difficult to keep track of exactly how profitable or not your positions are. Does anyone have a good method for tracking this? I don't trust the P/L calculations that Thinkorswim is...

Buying puts is super helpful with margin. You can also buy back the short leg of a BPS and keep the long leg as downside protection. At this point I am beginning to think a better way to make money in options with TSLA is not to sell CCs or credit spreads, but rather to buy weekly/monthly puts...

Ugh. I am also kicking myself for waiting until tomorrow to roll a couple of my 1/21 spreads. AH indeed looking scary. I was so naïve thinking I could make a decent "passive" income playing this options selling game! Ahahahahahaha! It requires way more attention than my farming job! Elon...

In addition to the spreads I mentioned earlier (re-stated here as reminder): All 1/21 exp: 1x 1100/980 1x 1100/960 2x 1080/950 1x 1050/900 I also have 2 "protective puts" +900 strike for 1/21 exp. I am playing around with using those as my long legs and pairing with some of the short legs...

Haha! Great idea. Coffee indeed. I am on a farm deep in the mountains, so I roast my own coffee and have a sweet espresso machine, and yes, coffee is hitting the third round at this point after doing morning chores. :)

This is indeed my approach. Right now I am feeling maybe I put more skin in the game than I like. Ah well, it makes the lesson that much more effective. Test to failure. Thank you for the extremely thoughtful and insightful post! I have gleaned much from this after three readings and am...

I am very distraught with the current price action. I have the following BPS for 1/21 Exp. that are vexing me: 1x 1100/980 1x 1100/960 2x 1080/950 1x 1050/900 I know I can roll for credit or debit or strike improvement or spread improvement, etc., but right now I feel like I want to take my...

I have so much to learn yet. I don't understand how a BPS that is so far underwater for this Friday expiration could possibly be rolled for a credit (the 1170/1080 1/21)? Can you provide further details so I can deepen my understanding of how these spreads and rolls work?

Both of those responses were very helpful. Thank you. Another question: If one is interested in selling puts as a mechanism for being assigned shares at a more favorable price, what is the advantage of selling naked puts vs. selling very wide BPS? I don't quite understand why one would ever...

When some of you folks talk about rolling a certain number of BPS out to a fewer number of contracts, what exactly do you mean by that? What does that look like? Are you simply buying to close some of them and rolling the rest? Is there some other mechanism?

You put your long leg in, you call your short leg out, you do the hokey-pokey and you shake it all about...

Legging. I like it. A new options dance move for me I am going to learn more about. :cool:

Try throwing some long puts in an analyze tab and see how it potentially affects your margin requirements, or look at your margin analysis tab and see if some things are getting paired up in weird ways.

I'm thinking something like the BPS getting treated as something else by the margin calculator and splitting it up based on expiration dates lining up. i.e. the long legs get paired with some of your calls, leaving the short legs as naked calls and skewing your buying power and margin...

By the way, I did something this week that sort of worked out based on lucky timing, but it caused me to wonder if this is a common tactic any of you employ? I had a 14 Jan BPS +1000p/-1050p that I sold back in early Jan. I wanted to close the position, and not roll it, so yesterday, when the...

The volatility is keeping it fun and interesting! I am so grateful for this thread. It is so helpful to have strategies to stay safe in these volatile conditions. I wish I had known what I have learned in the last three months a year ago. Would have made a lot more and lost a little less.

Do you also have shares in the account? Do you have some protective puts in there? Do you know what your PNR is? I have noticed sometimes the margin calculator will pair things up in weird ways and create collars and married puts and other such things which can mess around with your margin...

It will be an inspiring placeholder until the real CyberQuads and CyberTrucks arrive! We have two CT on order and desperately need them on the farm. As far as it relates to investment topics, I really believe the CT and CyberQuads will be massively popular on farms. (As is Starlink) Many...

Just got my shipping notice today for delivery this Friday!

Ooohh! The banner photo! I have a semi on order too, but haven't paid the deposit yet.

Yes. And a farm! We're hoping it will be useful around the ranch. I'm a 52 year old kid, but my 4 year old and 2 year old will love it too! :)

Just got shipment notification for my Cyberquad for kids to deliver this Friday! woohoo!

Ugh. I have the Plaid X on order in 7 seat version for April/May delivery. Haven't heard anything yet. Need enough seats for the growing family!

Maybe some short positions getting liquidated?

Interesting action AH...

Yea, maybe everyone should just ignore my post! lol! Like I said, it is dangerous and not recommended... Maybe we could start a "best practices" list regarding margin and buffers and risk and such. I could be a good example of what is NOT recommended. :)

My cost basis for core shares is very high, $1143. I am considering closing all of my spread positions (at a modest profit) and using the resulting cash/margin position to only sell weekly aggressive naked puts going forward at 5-10% OTM to generate decent premiums, rolling as necessary, but...