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  1. ice

    Wiki Selling TSLA Options - Be the House

    BTC 1/6 -80c SP around $109.72 ($29.79 debit) , $2.73 profit BTC 1/6 -100c SP around $109.64 ($9.77 debit) , $4.43 profit BTC 1/6 -105c SP around $109.94($5.02 debit) , $0.57 loss replace all with just the same strike/expiry , less hassle to manage different strikes. Now that I'm back to...
  2. ice

    Wiki Selling TSLA Options - Be the House

    STO 1/6 -105c ($4.45 credit) SP around $105.56. I should have let that 12/30 -100c assign, or at least roll it to this week, oh well hind sights. Positions 1/6 -105c ($4.45 credit) 1/6 -100c ($14.20 credit) 1/6 -80c ($32.52 credit)
  3. ice

    Wiki Selling TSLA Options - Be the House

    BTC 12/30 -100c ($21.19 debit) SP around $121.25. Net profit from the trade $8.56 before commission. Decided maybe it is a bounce so I won't roll this one and let those shares be uncovered. Keeping my 1/6 bandaid's in case P&D flops/macro. Positions 1/6 -100c ($14.20 credit) 1/6 -80c ($32.52...
  4. ice

    Wiki Selling TSLA Options - Be the House

    Took this green day to switch to a bigger bandaid to the gunshot wound. BTC 12/30 -140c ($0.04 debit) STO 1/6 -100c ($14.20 credit) SP around $110.32 Positions 12/30 -100c ($29.75 credit) 1/6 -100c ($14.20 credit) 1/6 -80c ($32.52 credit)
  5. ice

    Wiki Selling TSLA Options - Be the House

    Looks like that -100c protection is running outs it’s only been 2 trading days. Pre emptively overlap/stagger roll with -80c . Might close -100c later. Those -140c and -160c are like bandaids to a gunshot wound….almost no downside protection with $5 credit a week… STO 1/6 -80c ($32.52 credit)...
  6. ice

    Wiki Selling TSLA Options - Be the House

    In margin account which had half my total shares, sold shares already ahead by $3, rather than waiting for the $1.82/1.24 theta to decay. in tax free account 1/3 is protected by my 12/30 -100c, 1/3 by 12/30 -140c and 1/3 12/23 -160c. -160c and -140c are pretty much useless as hedges now...
  7. ice

    Wiki Selling TSLA Options - Be the House

    sorry guys I "capitulated" again, I'm probably going to regret it soon, hopefully some well capitalized bulls will get rich with my chairs. BTC 12/30 -140c ($1.82 cost, SP around $126.36, $3.71 profit)), 1/20 -175c ($1.24 cost, SP around $126.30, $13.41 profit), freed up shares for sale and...
  8. ice

    Wiki Selling TSLA Options - Be the House

    Sold 12/30 -100c ($29.75 credit), SP around $129.31. I have CC on all my shares now. Considering BTC some cc and roll down., or sell more shares, I think I'm close to 80% loss even with these moves..... Positions 12/23 -160c ($5.00 credit) 12/30 -140c ($5.53 credit) 12/30 -100c ($29.75...
  9. ice

    Wiki Selling TSLA Options - Be the House

    Thanks for this. I just checked on the Tesla Canadian site and it seems like Tesla is also offering $5000CAD for a new model 3/Y between Dec 21st and Dec 31st, 2022. They also changed the order page from "order now" to "buy now". I didn't click around too much but seems like I can't get to...
  10. ice

    Wiki Selling TSLA Options - Be the House

    12/16 -185c and -210c held until expired worthless. STO 12/30 -140c ($5.53 credit) on this small bounce, SP around $138.48. I'm actually thinking about selling ITM CCs, but haven't acted on it yet, to hedge/ slowdown the destruction of my portfolio. I've already done selling stock, getting rid...
  11. ice

    Wiki Selling TSLA Options - Be the House

    Replacing the 12/16 -185/-210 short calls with 12/23's on a 2:1 basis, don't feel like opening too many short calls....in case we reach a bottom. will not BTC the -185/210c, will hold to expiry. STO 12/23 -160c ($5.00 credit), SP around $157.81 on a green day. Positions: 12/16 -185c ($5.45...
  12. ice

    Wiki Selling TSLA Options - Be the House

    Wow TSLA is like an albatross to my accounts at $158 but I need to buy my friend a fancy dinner for saving my margin account from total destruction. The lower mainland sales intel she gave me was ahead by a few days of even the social media/tmc.... 12/9 -200c expired worthless 12/16 -185c...
  13. ice

    Wiki Selling TSLA Options - Be the House

    Anecdotal stories but I got spooked, sold another batch of shares in my margin account for $180.38, maybe bulls can take my shares and get rich. by the way I discovered that I could actually work around the cover call restriction on my brokeage, I sold CC's earlier, and I sold the shares after...
  14. ice

    Wiki Selling TSLA Options - Be the House

    Going to make TSLA go even higher. I just need maybe 1 more contract exercised and I'll be completely out of margin. I'll have fun stay poor. As it stands I have only 42% of my peak # of chairs. and the value of those chairs declined as a double hit. My margin account currently has a massive...
  15. ice

    Wiki Selling TSLA Options - Be the House

    Bank of Canada hiked interest rates again by 0.5%, the interest rate is getting ridiculous on some of my lines (almost 10%). Decided instead of just buying time selling CCs to pay for margin interest and just tread water (and more work to file taxes), just sold some additional chairs to raise...
  16. ice

    Wiki Selling TSLA Options - Be the House

    Since the 12/2 -200c expired worthless, 12/9 -200c and 12/16 -210c are looking pretty good, I'm going to kick off the christmas rally into next year by pre-opening their replacement positions. I usually make the worst trades, so could bounce anytime now and my -175c will get DITM soon. You are...
  17. ice

    Wiki Selling TSLA Options - Be the House

    Actually I'm not brave, I don't have confidence in my ability to consistently beat 9.5% interest + 20% capital gain taxes selling CCs.....so different strategy from just trying to earn income, I'm actually trying to exit my margin shares while collecting premiums. If they get ITM I'm going to...
  18. ice

    Wiki Selling TSLA Options - Be the House

    Will let 12/2 -200c expire worthless. if it actually get exercised it's fine , no capital gains on this. will reduce margin balance which prob will be between 9-9.25% depending on whether fed does 0.5 or 0.75. STO 12/9 -200c for $3.39, SP around $194.4 Positions: 12/2 -200c, 12/9 -200c, 12/16...
  19. ice

    Wiki Selling TSLA Options - Be the House

    Looks like I sold shares at the "bottom" once again. Added a new cc sale today on the bounce STO 12/2 -200c for 0.96, SP around $178.66 Positions: 12/16 -210c, 12/2 -200c.
  20. ice

    Wiki Selling TSLA Options - Be the House

    With the SP at $170, so close to my Margin call $165 threshould I sold about 25% of my shares in my margin account at $171. This brings down my margin call threshould from $165 to $138 or so. as much as I hate missing out when it goes up, I think I would hate being margin called and blowing up...
  21. ice

    Wiki Selling TSLA Options - Be the House

    11/18 -195c is now delta 0 (so are 2 strikes below193.33 and 192.50), and theta -0.07, thing is 0.01 cent, with 3 hours left, not going to close it. Would be a pleasant blackswan event if it 🚀 in 3 hours and I get assigned. The premium from the 11/18 -195c is enough to cover that $0.82 from...
  22. ice

    Wiki Selling TSLA Options - Be the House

    STO 11/18 -195c $3.40 credit SP around $181 (pre split $543) I only opened 1/3 as many contracts but that's enough to be a credit roll from the 12/16 -250c closed at 0.82/contract yesterday. Baiting it to be ITM so I can save the rest of my portfolio...looks like it's already up to...
  23. ice

    Wiki Selling TSLA Options - Be the House

    Never thought the day would come that I managed to take all my shares back from a disastrous CC sale gone wrong (6 months roll). I finally buy to closed my 12/16 -250c @$0.82 today for 98% profit. Stock price around $177.56. (Was Sell to Open at $58.75/contract as part of a roll) . For 5.5 weeks...
  24. ice

    Wiki Selling TSLA Options - Be the House

    well in hindsight I shouldn't have rolled the 10/21 -240c to 12/16 -250c...probably could have closed the position which I have been rolling for 5 months (originally sold as 5/27 -600c), and resell on spikes (initial + roll credits around $17). but the 12/18 -250c isn't doing too bad and...
  25. ice

    Wiki Selling TSLA Options - Be the House

    Rolled the 10/21 -240c (-720c pre split) $56.10 (SP around $290.78) to 12/18 -250c (-750c pre split) $58.78 (SP around $290.99) on the dip. $10 strike improvement, $2.68 credit
  26. ice

    Wiki Selling TSLA Options - Be the House

    The +$100/week freight train is running me over, especially the deeper ITM calls, it's getting hard to roll. So I decided to roll my 9/16 -700c to 10/21 -720c for no debit/credit before it potentially gets even harder to roll. Potential proceed $720 + $45 credit = $765/share. I've been...
  27. ice

    Wiki Selling TSLA Options - Be the House

    I rolled my 7/29 -$760c $82.45 (SP around $842) to 8/19 -780c $82.55 (SP around $840), $20 strike improvement, no credit or debit , cumulative credit for this position is $53, so potential assignment proceed= $833/share also rolled 7/29 -$740c $101.9 (SP around $841) to 8/19 -750c $104 (SP...
  28. ice

    Wiki Selling TSLA Options - Be the House

    BTC 7/22 -750C $71.40 (SP around $821.06) STO 7/29 -760C $70.93 (SP around $825.88) $10 strike improvement $0.47 debit BTC 7/22 -730C $91.58 (SP around $821) STO 7/29 -740C $82.22 (SP around $819.99) $10 strike improvement $9.36 debit
  29. ice

    Wiki Selling TSLA Options - Be the House

    7/15 -750C $8.8 > $0 $8.8 credit 7/15 -770C $17.78 > $0 (rolled from 7/8 $750c), total credit for 2 weeks $2.02+8.08 = $10.10 STO 7/22 -750C $25.50 (SP around $746) to replace the 7/15 -750C haven't opened a replacement position for the 7/15 -770C yet, will wait to see if SP goes higher...
  30. ice

    Wiki Selling TSLA Options - Be the House

    For balance transfers I think there is an option to deposit it into your bank account, from there just transfer to your brokerage like how you normally contribute. Be ware sometimes they have balance transfer fees, (even with the 0% interest). for your cc question, i can't fully answer it but...
  31. ice

    Wiki Selling TSLA Options - Be the House

    Hey, I'm also a long time lurker but I m in a similar situation as you, just providing data point as I'm not sure if I can come out of this fully intact and recover my lost shares yet, time will tell. I'm still in margin but am no longer at risk of margin call at any price point. My interest...
  32. ice

    Wiki Selling TSLA Options - Be the House

    So I did STO 7/8 -750c yesterday at $2.02 as the SP went further north of $700 (SP around $723.22). bad timing, did not expect it to breach $750. with the spike today I BTC 7/8 -750c for $9.7 STO 7/15 -770c for $17.78 (SP around $755.06) for a $20 strike improvement and $8 credit. I'm...
  33. ice

    Wiki Selling TSLA Options - Be the House

    STO 7/15 750C $8.80 (SP around $700) to replace the 7/1 750C. I may sell more if the SP keeps rising to replace the 7/1 770C. I stuck to my rule to not open anything unless share price pops above $700, so couldn't open any trades yesterday, by the time it did pop above $700, there aren't...
  34. ice

    Wiki Selling TSLA Options - Be the House

    I have been trading blind without the Greeks for years. My broker finally upgraded to a new UI and now I can see :D 7/1 750C has delta of 0.01, 7/1 770c has delta of 0, so i think that implied 1% or less they will get ITM tomorrow Decided to hold my 7/1 750c and 7/1 770c to expiry, the old...
  35. ice

    Wiki Selling TSLA Options - Be the House

    STO 7/1 -750c $20.30 (stock around $741) to replace the 6/24 -750c, didn't wake up early enough, this call was as high as $30. Ok with assignment , or might roll to get a better assignment price for weeks or months. The reasoning about wanting assignment is I still have shares that's bought...
  36. ice

    Wiki Selling TSLA Options - Be the House

    BTC 1x6/24 750c $10.25 > 0.7 (stock around $732), opened replacement position 7/1 770c $10.30. BTC 1x6/24 750c $9.1 > 0.78 (stock around $733), going to wait and see before I open a replacement position in this account still have 2x9/16 700c.
  37. ice

    Wiki Selling TSLA Options - Be the House

    The probability stats have been helpful @Yoona . Thank you for providing the data, it's appreciated.
  38. ice

    Wiki Selling TSLA Options - Be the House

    I didn't wake up early enough but the 750c would have been a good day trade, low is $4.9, high $15.10. I sold another 750c just now at $9.10 when the stock is around $726. I'm willing to let some shares go at $750 to derisk before Q2. Or they can all expire worthless :cool:
  39. ice

    2022.16 to fix the boot!

    Opened a service ticket for the same issue and got this message now (June 21, 2022) "Hello, this is XXXXX from Tesla's Service team! I have looked into the operation of your trunk remotely and found that this concern is caused by a current known firmware issue. This will be resolved remotely...
  40. ice

    Wiki Selling TSLA Options - Be the House

    Yes at one point these were worth $1.67 (back in April) I sold them because it just looked ridiculous so why not?
  41. ice

    Wiki Selling TSLA Options - Be the House

    with my 6/17 -2475CC and 6/17 -710CC expired last Friday, I can open new CC's again. I thought about closing those early in order to capture more premium last friday as I was feeling bearish about this week, and woke up pleasantly surprised. STO 6/24 750 CC for $10 a few minutes ago. I'm ok...
  42. ice

    Wiki Selling TSLA Options - Be the House

    I was going through a similar thought process, is it better to get margin called, or deal with rolling CCs or missed gains, and I decided that rolling is the less of the 2 evil's, you have a chance of keeping the shares, vs losing everything in a margin call situation.
  43. ice

    Wiki Selling TSLA Options - Be the House

    I looked back as well and my portfolio is down over 70% from the November peak. TSLA is down 50%, the additional loss over what the SP trades is because of margin. It amplified my returns on the way up but also the losses on the way down. When the stock was last in the 600s in late May, I...
  44. ice

    Wiki Selling TSLA Options - Be the House

    On 6/14 Tuesday STO 6/17/2022 $710cc (hiding behind the 700 call wall) on a green day after 2 days of red last fri/monday for $6.55, stock was around $663, about 1% a week , thought I made a mistake again flying so close to the sun after the FOMC meeting and the 710c was as high as $17.75.🥶...
  45. ice

    Wiki Selling TSLA Options - Be the House

    75bps hike...
  46. ice

    Wiki Selling TSLA Options - Be the House

    Called my brokerage to confirm , my 6/10 700c did also got assigned. I was worried about missed gains with the stock split pop🥶. Guess don’t need to worry for now. This was an atm 5/27 $670c that I rolled. Good news is with this sale I m no longer at risk of being margin called at any share...
  47. ice

    Wiki Selling TSLA Options - Be the House

    Closed my $755cc for $3.30 , small profit, just the 6/10 700cc and the 9/16 700cc to manage now!😅
  48. ice

    Wiki Selling TSLA Options - Be the House

    Thanks for the not-advice!
  49. ice

    Wiki Selling TSLA Options - Be the House

    I have been lurking in this thread for a while and learnt a lot from all you experts. Looking for not-advice. I had to sell a few CC's to raise cash a few days ago but I'm a noob so may have created a mess that I need to get out of now. at ATH I accounted for a 50% drop and basically was a...
  50. ice

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

    Not sure if this question belongs here, Does anyone know if the Bosch iBooster part is installed on the Tesla Model 3 globally, or only in the Giga Shanghai Tesla's?