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Sorry. Just so unfortunate. Hope the pre market today bodes well for a little spike today and that u can catch that at least.

Sorry. Feel your pain. And relief. Having closed a bunch of options and leverage yesterday, had my best night of sleep in a long time - even after taking a huge loss.

Thanks for sharing. Yea, my world view has been changed, too. I would have bet (and did!) Q3 & Q4 would have led to a massive run. Definitely realized I’m terrible w/ short term. I like your strategy. Good luck!!!!

Thanks for this. What's your strategy from here, TT?... Been following you on Twitter and seem to recall you got off margin maybe a few months ago (good move). As I explained in another thread, I am in the (much too late) process of biting the bullet today. Sadly sold a big chuck of shares in...

Sorry for your situation. In same boat. Unfortunately had to sell about 7% of my TSLA shares in premarket this morning in order to free up cash to (hopefully) close out major underwater puts when the market opens. I thought I had time on my side for the puts to rebound, but hadn't accounted...

Could use some advice/tips/tricks if anyone has them. I'm trying to juggle some puts I sold that I'm underwater with, as well as trying to protect myself from a potential margin call (as I'm getting too close for comfort). Specifically, in the summer/fall I sold a 233 Put that is expiring in...

Well, just as a follow up to this trade, I may have been more prophetic than I thought. Here we are above 1250 in early Nov, and my 1000/1300 bull call spread was worth ~12.5k last I checked. 2.5x my money, but not even halfway to the 6x I would expect at expiration if above 1300. My plan was...

I’m literally on the process of setting one up now. After a year of on and off research, went with IRA Financial. They are the custodian (I think) that sets up the Solo 401k, and then u have “checkbook control” and can invest in everything from stocks to real estate to crypto to companies...

My DD on Principle Pre-IPO Group was AVOID. I forget the specifics, but did some googling and “another company” at the same address had been fined for selling (non Spacex) pre ipo shares that they didn’t have. Don’t quote me, but it was something like that. Enough to send me the other...

I don't know if this is officially "wheel" related, but looking for some ideas on best ways to roll a Sept 21 850/950 call spread. Bought in Jan, so taking a bath on them. Now worth about 4.50 a contract. Would love to buy more time. Any suggestions?

I read a book by a journalist who embedded with gangs/drug dealers (think it was called Gang Leader for a Day). One of their “business philosophies” as I recall was: if someone offers you a $100 now, or $200 next week, you always take the sale/$100 now. Who knows where they will be in a week...

I don't know enough to advise. Other than I assume you can do it manually, but may have to do the "buy" leg first if you aren't otherwise able to sell a call independently. (just guessing -- don't know). Then otherwise, I surmise it's just a matter of the vagaries of the market. If you buy...

Thanks, @adiggs. That I didn't know. I think I see -- sounds like it's analogous to buying a spread as a single transaction, as opposed to buying the two legs separately. That makes sense. Will have to dig into ThinkorSwim. I'm sure "roll" is on there as an option. As a sidenote @adiggs, I...

Yes, you are right. I think we are stating the same thing different ways. Profit will not be 30k -- have to subtract out cost, of course. But just that the money would have 6 times. (i.e. if I double $100, that means I have $200, but only $100 profit. If I 6x 5k, I'll have 30k, but only 25k...

I'm really just an amateur here, but I *think* (emphasis on "think") -- in a perfect world, you'd want to time your expiration to the exact moment that the share price hit the upper leg of the spread. In other words, in the 1000/1300 scenario, if I have June 23 expiration, but share price hits...

I'll be rooting for you... and me!

Thanks to all that replied to my original post with advice/thoughts/perspective re: the 1000/1300 call spread. I know it's been commented on subsequent to here, too. Again, as with golf, I'm a long-time beginner when it comes to options. Sometimes I hit the fairway, but more often than not...

I'm an amateur dilettante when it comes to options, but I was looking at this option today, too. But then I saw that you can buy a March 2023 1000/1300 call spread for $45 (buying the $1000 for $175 and selling the $1300 for $130). So, per my calculations, if I held both to expiration: --With...

Thanks, so much for the intel. My wife's actually has her an account at Charles Schwab, so I will have her look into. Fortunately, we only have one year invested in the other account, so not too much put into it. Though unfortunately, it only returned 7% this year, which is nothing compared...

Can you tell me what edu account you are using. I have the one in California, but think I can only buy their lamo mutual fund or something (my wife is spearheading this, so I'm not as familiar with it).

Thanks for the replies and advice, everyone. Agastya -- I will prob put a sell limit order on. Was thinking the same thing, but of course, I could always get too aggressive and miss it. MikeC -- TD did seem to indicate there's a type of "do not exercise" order I can give, but he made it...

If helpful, feel free to add me to the list of someone open to private interview. I definitely don't meet the criteria of a person who put in 100k, but I definitely got 100X of my initial investment (and bought more along the way). Here are some salient points about me/my TSLA investment if...

fwiw -- I called TD Ameritrade to get some clarity on (currently) OTM $700 options I have expiring tomorrow (in a Roth account). My question was: What happens if they are OTM 5 minutes before close, but then TSLA runs up and the options become ITM in the last minute and I don't have a chance...

Tsla 999 SP 3999

Interesting idea. Curious how your daily results have been? Are you suffering small losses each time with the idea the big explosion will compensate (and then some)? What kind of timeframe are you using? Weeklies?

Thank you! I did so much research, but missed this. Was a "kingdom for a horse" situation. But great to finally see the question answered directly. Thank you so much for the info/link!

Maybe a little OT, but have an investment question for which no one (CPA, broker, Financial Planner) can provide me a straight answer. And I figured if anyone would know, it might be someone here. Specifically, anyone know anything about SOLO ROTH 401K eligibility? I am self-employed, no...

Thank you. Basically, what I was figuring (re Delta = 1), though I guess I had assumed the spread between the two would get closer to 100 (vs @ 36 -- and I bought at ~34). But, to your point, I guess it's the that time value of both are so similar that I would have to wait it out until there...

Quick question/background: Longtime lurker/shareholder (last post was in 2013 under a different name). Thanks to all though the years for their incredible insight. I think I found Curt Renz replied to one of my old posts. And when I was thinking of selling at 90 (after buying at 30), think...