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  1. Vova

    Wiki Selling TSLA Options - Be the House

    It is not my goal to be taken seriously here. I don't care.
  2. Vova

    Wiki Selling TSLA Options - Be the House

    But to be honest, I am finished posting here. I tried do my best. All I got was laugh in my face. Good luck with options everybody!
  3. Vova

    Wiki Selling TSLA Options - Be the House

    I think my trades are clear and transparent, you can check my posts. For now I have a profit of 1549 USD and my position: -2 Call July 270 -2 Put July 240
  4. Vova

    Wiki Selling TSLA Options - Be the House

    Correction: Not straddle but: Strangle of course :)
  5. Vova

    Wiki Selling TSLA Options - Be the House

    Bought the 2 Calls June 230 for USD 5200. Sold 2 calls July 270 at USD 2900 and 2 puts July 240 at USD 2380. Again a USD 80 profit. Together with the 1469 USD that makes USD 1549. Position now: -2 Call July 270 -2 Put July 240
  6. Vova

    Wiki Selling TSLA Options - Be the House

    Closed: -2 Call June 185 +4 Call June 205 -2 Call June 230 For 985 USD. Together with the 484 USD that makes 1469 USD. Leaves me the following position: -2 Call June 230 Which I will roll into a July straddle a little later.
  7. Vova

    Belgium and the Netherlands: Tesla aandelen

    De week van de waarheid :). Zoals gezegd, ik moet wat doen met die calls. De +2 Juni C215 ruil ik in voor +6 C240. Ik verkoop 3 C260. Ik koop ook de -2Juni P220 en verkoop-3 Juni P240. Verkoop 2 Juni C215 +7000 Koop 6 Juni C240 -7560 Verkoop 3 Juni C260 +1035 Koop 2 Juni P220 -70 Verkoop 3 Juni...
  8. Vova

    Wiki Selling TSLA Options - Be the House

    An idea, although not advice, if you have the cash to cover them, sell some weekly -pATM's, for every 6x of those you can buy back one of the calls... @Jim Holder, Please take also in consideration the advice from @Max Plaid mentioned above. But be aware of the delta and gamma. That means...
  9. Vova

    Wiki Selling TSLA Options - Be the House

    There was one poster who made the comparison of tightening the straps on crypto to the surge of shares like Tesla. I tried to find this posting, Unfortunately I didn't succeed but thumbs up for this poster. I also believe that.
  10. Vova

    Wiki Selling TSLA Options - Be the House

    The monthly ones, so the 16th of June.
  11. Vova

    Wiki Selling TSLA Options - Be the House

    Still some premium left in the June 230 calls. I am waiting for my opportunity to make an additional USD 1000 cash. The left -2 calls I will roll on to July together with some puts I will sell at the same expiration date.
  12. Vova

    Wiki Selling TSLA Options - Be the House

    Difficult to advice since I don't know for which price you bought the shares which you say cover some short calls. First, don't bother on short calls which are not ITM yet. It's just premium. Second, to cover short calls which are ITM I would consider sell shares and buy ATM calls on the short...
  13. Vova

    Wiki Selling TSLA Options - Be the House

    No, price perfectly matches with the 225 call. You can also compare the 225 put with the 234 call.
  14. Vova

    Belgium and the Netherlands: Tesla aandelen

    Dat hoor ik ook al jaren van mijn vrouw :) Dank je, gaat lukken!
  15. Vova

    Belgium and the Netherlands: Tesla aandelen

    Lastige positie. Ik ben nog aan het puzzelen. Ik moet wel wat doen eigenlijk maar ik weet nog niet wat. Makkelijkste is nu om de 3 puts 16 Juni 200 terug te kopen voor USD 80 per stuk. In plaats daarvan verkoop ik 2 puts 220 voor USD 505 per stuk. Koop 3 puts 16 Juni 200 -USD 240 Verkoop 2...
  16. Vova

    Wiki Selling TSLA Options - Be the House

    Bought 1 extra call June 205 and sold 4 calls June 230. The 205 I bought for USD 2200, the calls June 230 I sold for USD 560 a piece which makes USD 2240. Profit USD 40. Together with the USD 444 I already received in cash that makes USD 484 received in total and position from now as follows...
  17. Vova

    Wiki Selling TSLA Options - Be the House

    I see, 47 on 47 yes? That makes 94 calls OTM short and 1,900 shares long. I would say, no panic. SP now at 214. If SP reaches 230 then you may think. Actually, you may hope SP reaches 230.
  18. Vova

    Wiki Selling TSLA Options - Be the House

    You have 1,900 shares at USD 243. How much calls 240 and 245 you sold?
  19. Vova

    Wiki Selling TSLA Options - Be the House

    OK, thx for explaining. But if I were you I wouldn't be so anxious about your 7/21 sold calls. Your main concern might be when the SP will go lower.
  20. Vova

    Wiki Selling TSLA Options - Be the House

    I have 1,900 shares at $243 CB I suppose you bought 1,900 shares USD 243 per share? (I am not familiar with the American abbreviations so I don't know what CB means).
  21. Vova

    Wiki Selling TSLA Options - Be the House

    As I mentioned earlier on this thread, it may sound cryptic, but I trade options, not strikes. I usually also do not wait for the expiry date. Besides that, big chance that I will change my position next week, depending on the move of the SP. Please understand me correct, I am not pretending...
  22. Vova

    Wiki Selling TSLA Options - Be the House

    All correct Oil4.
  23. Vova

    Wiki Selling TSLA Options - Be the House

    No panic for me since I almost always trade in spreads. Just with this position too. If SP will plummet, I don't care. If SP will skyrocket, I also will not care. If SP will remain this week the premium will not be significantly higher or lower.
  24. Vova

    Wiki Selling TSLA Options - Be the House

    The June 2 call 210 I sold for USD 650. The call June 170 I sold for USD 4720 and bought back 3 call June 205 for USD 4800. I have spent USD 126 on the original position. With these transactions I receive USD 570. Profit is USD 570-USD 126= USD 444 Position now: -2 Call June 185 +3 Call June 205
  25. Vova

    Belgium and the Netherlands: Tesla aandelen

    Wat een slagveld 😅! Zo zie je maar.... Premie kopen tegenover je geschreven posities i.p.v. maar laten lopen kan de moeite waard zijn. Met de opbrengst van de +2 2juni 205 calls koop ik 2 16juni 215 calls: Verkoop 2 calls 02juni 205: +2180 Koop 2 calls 16juni 215: -1860 USD 320 opbrengst Ik...
  26. Vova

    Superchargers in Nederland (NL)

    Op de parkeerplaats van vd Valk Harderwijk was nooit een SuC. Wel 2 laadpalen maar niet van Tesla. Misschien in de omgeving maar daar weet ik dan niet van.
  27. Vova

    Wiki Belgium and the Netherlands: Charging infrastructure (Thuis laden)

    Yep, hier ook, van 14:00 tot 15:00. Het uur daarvoor is ook niet slecht met -11,5 cent. Morgen 3 uur laden tegen negatieve tarieven :). En inderdaad, inclusief belastingen. Ben ook benieuwd wat het maandag wordt. Daarom morgen maar 3 uur aan de lader ondanks dat ik de M3 vanavond op de oprit...
  28. Vova

    Wiki Selling TSLA Options - Be the House

    OK, EVNow, that's your opinion. I'll leave it here for today. In my reaction I gave facts about option greeks. It's your right to doubt the working of those greeks. It must been said that markets, as I do, have another opinion on greeks than you. One example is your definition on delta.
  29. Vova

    Wiki Selling TSLA Options - Be the House

    Just to quote my reaction EVNow was reacting on. It is a fact that when volatility rises, long term option rise in premium. If volatility lowers, long term options loose premium. This is called Vega, another option greek.
  30. Vova

    Wiki Selling TSLA Options - Be the House

    With all do respect, I think you don't understand the option greeks. Besides that, your calculation is confusing me but I will try to figure it out. Correct me if I am wrong, but you compare 4x 02 June 200 calls short with 1x 23 June 210 call short because this gives the same premium? If that...
  31. Vova

    Wiki Selling TSLA Options - Be the House

    I think you hit the point, adrenaline :)
  32. Vova

    Wiki Selling TSLA Options - Be the House

    If volatility is high, I think it is even more profitable to sell long term options instead of short term (Vega).
  33. Vova

    Wiki Selling TSLA Options - Be the House

    I am wondering why many traders here choose to sell options on the short term.
  34. Vova

    Belgium and the Netherlands: Tesla aandelen

    Koers ging vandaag in het begin van de handel flink omhoog. Ik zag m'n geest al dwalen :). Later op de avond kroop de koers toch weer wat terug richting de 187. Feitelijk gezien heb ik nu een manke straddle met short 3x de C185 en short 2x de P185. Om nog een P185 te schrijven om de straddle...
  35. Vova

    Belgium and the Netherlands: Tesla aandelen

    De belangrijkste criteria die ik hanteer is delta en gamma van de opties. De positie die ik nu heb is voortgekomen uit een mislukte call butterfly. Ik schreef puts tegenover de call butterfly toen de koers flink steeg en vervolgens klapte de koers in elkaar. Vervolgens schreef ik calls...
  36. Vova

    Wiki Selling TSLA Options - Be the House

    I don't agree with your suggestion that delta implicates a probability of getting ITM. To explain, a June 175 call is 100% ITM, still the delta is far from 100.
  37. Vova

    Wiki Selling TSLA Options - Be the House

    Tesla share price continues to rise. To be honest, I did not expect such a quick gain. May series expiring today. That means also that, in order to cap the margin, I need to buy a call to secure the upside. Due to the fact that the share price rose sharply these days I choose to buy a June 2...
  38. Vova

    Belgium and the Netherlands: Tesla aandelen

    De stijging ging harder dan ik verwacht had. Op zich niet slecht. Ik heb de 3 calls mei 170 terug gekocht en heb 3 calls juni 185 verkocht. Uiteraard ook de puts mei 185 naar juni doorgerold. Prijzen als volgt: Koop 3 mei C170 a 9,30 per stuk -> -USD 2790 Verkoop 3 juni C185 a 6,70 per stuk ->...
  39. Vova

    Wiki Selling TSLA Options - Be the House

    Which gives me the following position: 1 Call June 170 -2 Call June 185 1 Call may 200 -2 Call may 220 1 Call may 240 Profit/loss: +145 -253 +20 Investment USD 88. Profit is gaining. Slow pace of course but that's inherent to the position. Risk is low. But for me the profit counts.
  40. Vova

    Wiki Selling TSLA Options - Be the House

    With "buy premium" (in Dutch "premie kopen") I mean buy calls with a higher strike or buy calls on an expiration date before your short calls. That's what I meant with the handicap, you trade on a very short term so room for adjusting your positions can be quite limited. Again apologies for my...
  41. Vova

    Wiki Selling TSLA Options - Be the House

    Just 1 tip, be careful with blowing up your position (from 8 to 16). If short calls get ITM, I usually prefer to buy premium. Handicap in this case is that you trade on the short term.
  42. Vova

    Belgium and the Netherlands: Tesla aandelen

    Wat een feest vandaag! Mooier kan bijna niet. Ik zou vandaag sluiten maar ik kijk het nog even aan. Puts 185 kakken flink in en uiteraard stijgen de calls 170 maar ik ben er blij mee. Mooi voor het doorrollen. Koers van 175 is wel een dingetje, als hij die haalt. Dan worden de delta's van de...
  43. Vova

    Wiki Selling TSLA Options - Be the House

    Position in profit. I just need to buy a June call to keep margin low. Probably I will pick the 210 call. But I have till Friday to make up my mind.
  44. Vova

    Belgium and the Netherlands: Tesla aandelen

    Nou, de calls 170 sluit ik morgen of overmorgen, afhankelijk van de koers dan. Voorlopig denk ik dat ik mooi kan doorrollen. De 185 puts zijn hard in waarde gedaald. 185 puts rol ik door naar juni series, zeker met een credit. Positie nog steeds: -2 Mei P185 -3 Mei C170
  45. Vova

    Belgium and the Netherlands: Tesla aandelen

    Tot nu toe mooie premiesloop vandaag. Dat noemen we Theta, 1 van de optie-grieken. Aandelenkoers licht hoger, calls lager en puts lager.
  46. Vova

    Belgium and the Netherlands: Tesla aandelen

    Ik verkoop nog een 170 call voor 450 USD, Positie nu dus: -2 Mei P185 -3 Mei C170 Per saldo flink premie ontvangen. Risico tussen een koers van 170 en 185 tot volgende week vrijdag.
  47. Vova

    Wiki Selling TSLA Options - Be the House

    No, not only if the option gets ITM.
  48. Vova

    Wiki Selling TSLA Options - Be the House

    Gamma represents the rate of change in the Delta for a unit price change in the underlying stock. That means, if you see a move like Friday, when the stock price suddenly rose with more than 5% the gamma makes the delta rise significantly resulting in a very quick loss for people who sold short...
  49. Vova

    Wiki Selling TSLA Options - Be the House

    I am always very careful selling options with expiry on short term on low premiums. Whether it's calls or puts. Gamma is a b*tch....
  50. Vova

    Belgium and the Netherlands: Tesla aandelen

    Mee eens. Ik denk dat, als we kijken naar de concurrentie voor Tesla, we de Chinezen veel serieuzer moeten nemen dan de Duitsers.