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I'm travelling and don't want to be watching all week. I'll feel better about not selling with the puts and ok if we rocket up.. Most likely scenario is we go down to the 130's and the puts expire worthless. Still hoping the fabled 144 gap is our bottom and we're able to move up and onward. I...

I was going to stay out for next week, but I'm a little nervous about the earnings call. I sold 10 July 205 calls and bought 20 April 26 130 puts in case of a total *sugar* show. I'd be ok selling shares at 205 at this point and happy to have some insurance. Hopefully it is a great call and we...

I probably won't do it, or on a small scale, but wondering if next week is ripe for an iron condor, which is a strangle and a straddle at the same time. With wild card Elon in play, next week could swing more than an average earnings. You could sell tight calls and puts and buy puts and calls...

Legal eagles make you hold the steering wheel. Annoying, if they can just have the camera make sure you are watching. Prior to 12.3, I would hold on anyhow, since it would make some erratic moves without warning. FSD 11.x was suicidal.

Wow, I've cleared out all my 4/19 CC's. Took the bird in the hand approach to 150, 155, 157, 160 and 162 and 165 calls that I had sold since Monday (when I woke up thinking Tesla was going to crash this week). I've rolled most of my 30+ 2025 CC's down and out, except 6 300 calls in Dec 2025. A...

Be careful, when all hope is lost, its not hard to have a short covering run up. We could bounce at 144, or crater. I bet that we'd drop this week, but I am taking money off the table and will listen to the earnings call with hope that there is a reasonable plan beyond balls to the walls.

I've been clearing out my long dated calls and down to 16 2025 CC's. Those were rolled out when we bounced from 100 and I was too close. For 4/19 I have 150, 155, 157, 160 and 162 CC's. I expect we'll test the 144 gap and hopefully bounce next week. If Elon gets his package, he's going to want...

It may come back to haunt me, but I'm selling very aggressive CC's. I sold 165 yesterday at the open and then more 167. I've now rolled 175 and 170 CC's for this week to 155 and 150 and rolled July 225 calls to Friday 160 calls. I believe certainty is the enemy of wisdom and sadly, I think Elon...

I sold 165 and 167.5 for this week. I had some July calls I moved up to 167.5. I’m sitting on 170, 175, 180 calls for this week and 200 calls for May 3rd. That was me following dl003 last week or two weeks ago. I’ve cleared out about 25 long dated calls from this week, out to July. I have 16...

I'm with Mr Plaid on this take. I sold 165 calls for this week at 5.70 this morning. I was thinking of buying July 140 puts, but at 5.75, it seems a bit rich, I'm better off selling more aggressive calls, for my risk preferences anyhow. The layoff thing would be definitely a bad sign. When...

I see these charts and I almost think I should have sold TSLA at 400 and bought Nvidia.

I guess my 170 calls are safe. Who knew the next catalyst would be sending us to 144 sooner than expected. Locally, my Tesla lot is packed as never before. In the past there was usually a lot of cars backed into the spots facing the street. These would have temp plates and were ready to be...

Likely false, if so, good chance to sell puts. If true, who knows. It's been Elon's white whale for 8 years. A robotaxi just seems legally and logistically some time out there. Door handles that anyone can use? Is it legal everywhere? Do they have the web applications and infrastructure to make...

My 170's for next week was me rolling July 19 230 calls down to April 12 170. I've had long dated calls forever and trying to clear these out, during what I expect to be bearish span of time. I hope the 144 gap is our bear case, but if we break that, there is probably nothing between us an 100...

I sold 180 calls near the high and bought them back near the close. Small trade, but aside from licensing FSD to F or GM, I don't see any short term catalyst to bump us up before Q2 P&D. Wish I sold 4/12 CC's yesterday, too easy to think these little pushes are the start of a rally, but I would...

Always interesting to read everyone's style on the thread, so many approaches. Surprising strong up most of the day and then revert at the end. I don't think the time traveller called the regression back to 171. I sold some 4/5 180 CC's for .61, got a little nervous but held out to buy back...

I'm disappointed my 155CC didn't role on Friday. I caught it yesterday and didn't resell it, figuring perhaps the bad numbers were baked in. I hate selling a lot of CC's while we are falling, after getting burned when we closed in on 100 and had to roll calls out two years. I hope 144 is as bad...

There are probably a 100 of them at my local sales lot. When the lot us full and cars are ready for sales, the backend faces the street with temp plates ready to go. Lately, it is mostly the front end I'm seeing.

Nice, I closed 200 CC's for Friday. I'm sure they are safe, but I'm getting out of the way. I still expect a drop and this may be the path to 144 this week, before rebounding on FSD news, Cyber ramping and earnings results that might beat with some help from Tesla Energy storage. I still have...

I solidly prefer the less risk and occasional small gamble. I got too confident before the Twitter debacle and lost on puts and calls on the run up and the crash down.

Maybe you should change your handle to BorntoFlyCloseto the Sun. I just rolled 185cc to 190 for next week. I think P&D will send us back down for another beating. Who knows, could be priced in already.

I dream about going to the stockholders call and asking Elon how he gets feedback in the company. I feel that anyone with enough gravitas to call him out on bullshit is gone and the people close to him are toadys and leaches. On the bright side, FSD may really be a year away, battery storage...

How does AMD measure vs NVDA and SMCI and now MSTR? I own a few shares and sold CC against when it hit 200. I'd be ok selling here, but the calls now are against a huge run up and profit now, before the AI stocks return to something closer to their mean.

I have some 2025 CC's and I've been moving them up to 2024 at a lower strike. If we bounce, I'm ok selling at 225 in April and 250 in July. I appreciated the big price for CC's from 300 to 400, but I don't see much risk in bringing them forward at a lower strike and being able to get out and...

Off track, but energy storage may get added to valuations after this quarter. It's been too small, but revenues should be there to be accounted for and factored into net present value. If Elon would run the earnings call like an earnings call, instead of a bitch session, maybe that would have...

There are many risks here. One big risk is you take the loss and the stock goes back down to 500. Now you owe stock on gains you've already lost. You can probably roll the calls out and up some to 2026 and get some of the gains back, without risking paying taxes. The downside is it goes to 2000...

Maxplaid is usually the guy managing these big risky bets. I'm not sure if you can roll a week out, but I'd be worried about being assigned. With NVDA volatility this could well be green on Monday, if you can extend it a week, but it won't be free.

$45

I lost bigly when TSLA ran up after the Hertz thing and the bottom dropped out when Elon decided wokeness was the great boogeyman and needed to buy twitter. I had two black swans in a row that wiped out spreads 100%. It was a big loss for me, it is a hot surface I will not touch again.

Was that a Gary Black catalyst?

I hope it gets back to 900, but I hope you avoid that big a risk in the future. That is crazy risky without a lot of upside. I'm putting in an order for a share. now.

and that's ok. be the house.

In my IRA I have been selling more in waves, I have 2 weeks out, where I think we're safe, a month out, where I can roll and 2 and 3 months out where I'm ok being assigned. I'm listening here on ranges for the next few weeks and at this level, I'll be backing off on short term CC's. Very little...

Is that 2 orders of magnitude more than a million?

P&D not likely to help, unless big surprise. Tesla energy deliveries, which won't be seen until earnings have potential upside. I feel safe moving my April CC's from 250 to 225 at this point. I moved 3/15 CC's at 215 to 3/8 at 190 for a small credit. I don't want to get too agressive selling...

Spreads are scary. They are a way to reduce risk, but more often they help you scale up risk instead.

I like to take some time off if I get into a bad streak. Reset my clock and listen to what Yoona and some of the other traders are doing. I have a day job, like you, and don't put in the same hours and research of amazing traders on the board here.

Yes, I agree on the TSLA premiums. The risk reward has changed significantly. In the past low premiums have led to big runs up, but I don't see anything forcing mergins up, are short term changes in expected growth, which are needed to drive long any long term rise in the stock.

It seems very safe, but that is what I told myself with TSLA when the Hertz story came out and wiped out call spreads and then shortly after the Twitter thing happened and wiped out puts. With straight calls and puts you are just forced to roll, buy or sell. With spreads you are forced to pay...

FYI: Likely to see inventory increase in Q1 due to Houthi's and the Red Sea risk. Ships are now going around the Horn of Africa, adding time to shipping.

I'm torn about doing nothing for next week. The week after leaps is potentially volatile. Nice to get paid for that, but not so good to have to rollout long term, or get assigned.

Sometimes it is good to be busy in the morning. I sold Jan 19 240CC's after we bounced back to 222. I did not expect to see green today. I like Jim's comment that Elon wanting 25%, implies he won't be selling stock, but I worry this is him getting a pound of flesh from someone. I was expecting...

The hardest thing to get used to is selling covered calls on a run up and buying them back on a drop. Natural instinct is to sell CC's when it falls to cover losses to your stock. If you think its a low, based on as much information as you can get, it is a better time to sell puts. Do this in...

All this talk about 217 this week. Glad I closed my 220P's yesterday when we bounced a bit. I opened 200P's for next week at 217.xx and am confident, for now, we won't go below 200 next week. I BTC Jan 19 240CC's and kept 245CC's for next week. If we bounce, I don't want to get in the way...

India likely an M2 plant, so new capacity, but yes, long term. I got anxious and BTC C240's this morning, thinking we'd bounce after MMD.

FYI: I wasn't following thread closely. I am long AMD and not shorting. Their valuation is behind NVDA, by some measures, and they are Nvidia's primary competitor in the AI market space.

If you follow NVDA, watch AMD.

I believe there is a gap about $238, so maybe you have the best position possible.

I rolled C270 to Jan 12 275 for $.83. I'm ok selling and rolling the wheel at 275. I don't see any shocking fundementals coming out in the next week. I'll probably sell more c280 if we move to 255.

Do you have a band you are targeting for next week yet?