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  1. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    100% I can see we move up to 200-220 for "no reason." Just as in the past we moved to 260+ for not much of a reason. We also moved down to 190s Nov 2023 for not much reason. Short term its all a game.
  2. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I learned the hard way to stay out (nearly) of binary events. Maybe handful of contracts open on P&D/financial reporting week. The lure of gambling is a thing too.
  3. EnzoXYZ

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

    If it will take a Chinese company 3-5 years to catch up with Tesla on tech/cost then how long does it take for an American/European company? So 3-5 years to catch up on 2023/2024 Tesla but its not like Tesla will just take a nap like the rabbit and wait for the turtle to catch up. WOW.
  4. EnzoXYZ

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

    I think idle fees like we have for the Superchargers will work 99% of the time. The mobile app can have a count down and accumulation of fees for fast motivation. I think a ban would be a bit harsh especially certain unseen circumstances. A lot of times due to children or other distractions...
  5. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Sold a bunch of CCs from 185 and up. Make me roll. I have a bunch of 180 & 185 CSPs so will be worth the roll.
  6. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Yup need all hope to vaporize before we have a move up. Sad.
  7. EnzoXYZ

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

    Paul died in a ~2005 Porsche Carrera GT driven by a profession racecar drive on public streets. Not to be confused by many of the 911 variants as this car was production limited. The Carrera GT was also known as a widow maker as it did not have any fancy electronic traction stabilizer. Car...
  8. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Wow sharp drop under $180. NOT looking good for some of my CSPs.
  9. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    My highest -CSP are 187.5 and am too willing to take assignment. 180s feels very ''safe'' to take more shares to wheel. I had shares taken away in the 230s so these are due to be converted back to stock.
  10. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    ~$200K was what it took me. I'm a slow learner by nature.
  11. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I too "rolled" more OTM 210-215 for this week into next week but lowest strikes are at 215. I see ones that I rolled from yesterday are already ~50% gain. Seems like the first 0-50% gains can be had very quickly if timed right.
  12. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    "Rolled" some of my -220C from this week to -225C for next week. If this is near the top I would like to get in on the premiums early before they drop. Have few -212.5C and -215C that's in the red right now. Thinking $225 should be safe for next week.
  13. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Anyone else having problems with Schwab filling Market Orders? It takes about 5-10 MINUTES at times and been like this for weeks! I noticed it only happens in my regular trading account and not in the ROTH account. In the ROTH account it trades almost instantly as it should with Market...
  14. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I hear Apple has some kind of device to attach to your face so you can cook lunch, monitor TMC, trade NVDA ICs and watch your fav Netflix all at the same time.
  15. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I don't usually buy puts and just watch the SP drop. This is true with buying calls when the SP drops by ~30%. This kind of changed recently with buying 1 June 185 call so I can sell one extra CC on it. I may have to rethink about buying puts to protect my underlying shares vs just watching it...
  16. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Pretty darn amazing. ~205 was high today from ~191.
  17. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    We are knocking at $200. I may think about selling more than usual if we get $200+ today.
  18. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I took the advice on Friday afternoon and close most of the 210+ CCs I opened on the pop Thursday (all around 60-65% gains). Ones that I didn't close now show weak 25-30% gains. With the pop this morning I opened more 205-212.5 CCs. These are my trading shares.
  19. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I'm thinking in short term of 1-2 months we will see 200+ again so within this time I can sell ~$195+ strike calls weekly (likely $200+) whiling waiting. Ideally this happens before 30 DTE. It is only 1 contract thus for me it is testing out an idea.
  20. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I finally pulled the trigger and bought a call ( June '24 185 C) in one of the ROTH IRA accounts. In the past its nearly 100% selling -P/-C. I made enough through wheeling shares and cash in this account to buy the call first rather than enough to make another 100 shares. The plan is to sell...
  21. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    It's people's biased opinion that I can careless to hear. Everyone has one. If the conversation is purely on topic and factual then I would like to hear it. Rather its aways the political side of things they WISH to hear/see and amplify. Annoying as heck especially when the share price move...
  22. EnzoXYZ

    Selling Other Stocks Options - Be the House

    I sold apple CCs in the past but the low premium didn't motivate me to keep up. How do you find AAPL compare to TSLA or NVDA?
  23. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Which fund are you looking to park the money for the 5%?
  24. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Can I remind you of last year. Yikes! Ok lets not replay the crazy drop. Good news is I only got back half the shares that was called away via CCs in the 230-235s. Now I can be very close to ITM with CSPs to get more shares back. When we were above 250s I was feeling FOMO and wanted the...
  25. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Jim usually gives us an excellent summary. Hope for his post.
  26. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Knock knock $250 knock knock I'll admit trying to get my shares back from the CC's that was exercised (my unforced error) 230-235 may not go as planned. Certainly looking likely yesterday but we are getting at $20 reversal ATM.
  27. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    My first trench is at 235 to get shares back so I'm hoping 235 doesn't hold. If we blow past 235 then I can roll it a little down. Very nice to have this option when its cash secured. I have not opened any CCs for this week as there isn't a nice up day. Have to follow my rules and sell on...
  28. EnzoXYZ

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

    Not sure if the exec producers meant anything. Anyone even the worse of shorts/bears know the story would be only believable if its a Tesla. No other company comes close to this type of FSD scenario. Simply stated Tesla leads the push for FSD tech.
  29. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Yes Puts are assigned at the worse possible timing regarding margins. When its bad for you then expect the assignment. In the past I have sold ATM 30 DTE cash secured puts on local lows. I really like the dynamics of these options as there are enough time value that its not likely to be...
  30. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Opened -227.5P, -225P, & -220P all CSP from CC that were exercised a week ago. Looking to get these shares back to wheel it again. Also added some 250 & 260 CCs that I don't want it called away but can be managed up and out without much stress. Feelings right now: very conformable with share...
  31. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I can use a sell off tomorrow & Friday as I have a bunch of CCs that are 250+ and I do need these shares back that was called away over the weekend. 300 mile range CT would be super disappointing as I would expect nothing less than 400 for a truck. Hopefully beast mode are 400+.
  32. EnzoXYZ

    SpaceX investor's thread

    Had a chance to invest in SpaceX 2 years back via first principle investors. Due to wife's restriction from work we couldn't at the end of the day. Very jealous of you all that got to invest in SpaceX!
  33. EnzoXYZ

    Smelly stinky socks / mold in Model 3 AC

    Its a design fault. On our Model Y the filter is right next to the fins of the evaporator. The fins are very wet every time I change the filter. Why in the world would you design a system where the filter is right next to something damp. Add salt to this poor design with terrible location to...
  34. EnzoXYZ

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

    And I'll forget they invested in a Chinese company/competitor... And all the crap they said about Tesla and Elon... OK forget and forgive.
  35. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Guess who tried to trade at 2:15 PM ET? ME! I have 230CCs and 255CCs rolled up and out from last week (225 & 230). Was hoping to roll them up and out again but got busy around lunch time. Oh well these are shares I acquired just about a month ago selling 225P and 230P. Going full wheel!
  36. EnzoXYZ

    Wondering why you can't discuss Elon's tweets? Preserved as an example.

    Thought I can get away from Elon hate in this thread but guess I'm way wrong. Mods are right, folks just can't control themself. Keep this thread on topic PLEASE!
  37. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Debating what to do with my newly acquired shares via -230Ps last week and today's -225Ps assignment. Sell 225/230 CCs for next week now or wait to next week to sell the CCs. These are all in our Roth so no tax considerations when wheeling it. My gut feeling is wait to see if we can break 220's?
  38. EnzoXYZ

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

    I too have heard of many of these same question for the Chevy Bolt. Its near the magical "$25K" mark after incentives so why isn't GM selling more of them? My feeling is the general public isn't dumb and have some desire to want a 'nice' car. The Bolt is a horrible looking midget car that...
  39. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Just noticed couple of -230P EXP 10/27 was assigned in one of our IRAs last night. Like I stated in the past -P tend to get assigned rather quickly. I will sell CCs on these next week to wheel it.
  40. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    For those that are thinking or have already bought some LEAPS: Please explain to me the rationale behind this trade ATM. Will this be swing trade or will you likely keep it? With the current macro environment and negative TSLA outlook well into 2024 why not wait? I haven't bought LEAPS in the...
  41. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I too sold a bunch of 230 - 240 CC, near half of shares just now. I felt the sell off over the past week has been over done so a recovery into 230 is not unexpected. I do feel we will be <230 for some time unless we get some nice positive news. What's worse is there isn't much positive from...
  42. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    -$10 today so I decided to sell some CSP all 230 and lower. I know I just said I will skip binary events. I do feel the we fall enough to open some CSP.
  43. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I am with you on binary events like ER week. I have learned via losses that staying out for that week is the wise thing to do. If I'm right I'll make some money but if I'm wrong i'll lose a ton of money. Risk reward isn't there.
  44. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Smart. As usual I am not making big bets as we have earnings next week. If I do, it will be deep out of money and/or much smaller in quantity of contracts.
  45. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    This is my biggest worry for selling weekly covered calls week after week. IMO we will have a short term bump with the news and may last 3 weeks+ and I'm not so sure I would like to miss the gains for small weekly premiums.
  46. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    My guess: Wall Street analysts are waiting for Q3 financials to be reported and confirm drop in margins then rush to downgrade left and right. Its a double whammy they like to stack together. No better timing for those vultures and stick it to us. Like many here I closed all my CCs (-260...
  47. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    I hope you are the sacrificial lamb! In all seriousness there are some get out of jail tricks you can do if you are not happy with 400 SP in 1+ years.
  48. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    You didn't see a bump of nearly 1/2 Million in your account?? When you sell the CCs you should see the money right away that you can use for whatever but the 9300 shares are all locked up.
  49. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Totally agree that a $1M account with $1M cost bases is WAY better than a $1M account with $100K cost bases. I too found this out as we have been dealing with the ups and down of TSLA while depending on option generated income. When I see my cost base in my trading account rise I smile now...
  50. EnzoXYZ

    Wiki Selling TSLA Options - Be the House

    Can this price rise be a trap for us? We are expecting a sell the news next week and adding on to our -C and probably get a +20 day next Monday/Tuesday. I have been sitting out or adding very little new positions with known binary events like P&D/earning events.