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  1. I

    Wiki Selling TSLA Options - Be the House

    Are you sure you want to take that position? Because that position means full culpability for Mr. Musk. If Mr. Musk was surprised for whatever reason, then he can plausibly explain on the call why he was surprised and how he is going about rectifying Tesla’s current situation, and how things...
  2. I

    Wiki Selling TSLA Options - Be the House

    We will know the ER numbers in 48 hours, yes. What will still be unknown is the more important part of your post, to what degree Mr. Musk was surprised by the numbers (vs being very aware throughout the quarter how things were shaping up) and to what degree the numbers drove the...
  3. I

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

    ... Minor difference between prospective investor and current investor is simply that the former wants to learn and potentially take a seat at the investor roundtable, whereas the latter already has a seat at the investor roundtable. Both should be welcome here. Greater difference is between...
  4. I

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

    Please, one should not disregard others' concerns simply because they are not yours. I have owned Teslas since 2017, and while range is not an issue for my day-to-day uses, it is most certainly an issue for some of my once-a-month-or-so uses. With a nod to the moderators, I won't re-ignite the...
  5. I

    Wiki Selling TSLA Options - Be the House

    It really has been quite a week. My investment thesis has and both short term and long term Tesla and TSLA expectations have had to be reconsidered far more often this week than most weeks, to be sure. Come Monday, place your bets (or don’t) as you see fit. But definitely get some popcorn ready...
  6. I

    Wiki Selling TSLA Options - Be the House

    Short term, this increases my expectation that the numbers this week will be quite low, and Tesla is trying the various levers in order to generate some anecdotal short-term data points to provide some support. Anything they will be able to share by the earnings call this week r.e. FSD take rate...
  7. I

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

    On a trailing twelve-months (TTM) basis, TSLA currently has $96.773B revenue currently; however, the concern is that once 2023Q1 is replaced with 2024Q1, that TTM revenue number will decrease, not increase. Possibly significantly so. We will know that in less than a week with real data. The...
  8. I

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

    If the discussion is from the perspective of those who are invested (or strongly contemplating investing) in Tesla, this forum is a perfectly reasonable place for such discussion, as those people have a seat at the "Investors Roundtable" forum to have such discussions. If the discussion is from...
  9. I

    Wiki Selling TSLA Options - Be the House

    I’m sure you’ve already considered this, but the only true danger with that plan would be the risk of a gap-up overnight such that your pre-programmed buy order (set to be triggered if SMCI hits, say, $784.75) doesn’t trigger on Day X (not even if AH) but the next day SMCI has already gapped up...
  10. I

    Wiki Selling TSLA Options - Be the House

    Question to those who share option order data here...can you please describe your criteria and thought processes on what orders you look for? @Yoona 's screenshots appear to filter and show only orders > $1M, but one of @Jim Holder 's screenshots showed adjacent, smaller options contract flow...
  11. I

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

    A rule? Perhaps...perhaps not. That is perhaps best answered by the creator of this thread, so I will defer that to him. However, one could posit that any honorable gentleman / gentlewoman would rarely come here to post unless they were a Tesla investor / stockholder, or were seriously...
  12. I

    Wiki Selling TSLA Options - Be the House

    Alternative perspective - those exact same two items are, IMHO, among the strongest tailwinds readily available. Time to consider…
  13. I

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

    Apologies if the different terminology caused any confusion - "3-day settlement" and "T +2 (trading day plus two more days)" are synonymous, but perhaps "T +2" in some way better conveys that the day of the trade counts as one of the 3 days. Thanks @mongo . Yes, options are 2 day (or "T +1")...
  14. I

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

    Unlikely. There is a 3-day settlement period after the sale; during this 'settlement period', the proceeds from the sale would generally be shown as 'Available to trade' but *not* 'Available to withdraw'. Selling last Thursday would likely have been the last day. <Assuming the tax payer is...
  15. I

    Wiki Selling TSLA Options - Be the House

    @Patrick66 - I haven't been following your trades closely, and it's not yet 4/12, but 4/11 is indeed higher than 4/5, and your 4/12 $800 sold puts should be basically free to close at near-100% profit, and your 4/12 $900 sold puts should now be profitable to close as well (unless your basis was...
  16. I

    Wiki Selling TSLA Options - Be the House

    Nope! …but they did certainly try to pump before selling their positions…and sadly got many to follow them and trade based on their posts… 🙄
  17. I

    Wiki Selling TSLA Options - Be the House

    LOL - all else being valid but can be set aside, because check the date - is anyone seriously discussing any executive at any publicly traded company buying or selling their stock between end of a quarter and the public reporting of that quarter? No? Good, didn’t think so. On to more plausible...
  18. I

    Wiki Selling TSLA Options - Be the House

    Decided this AM to spend the weekend traveling, so just BTC'ed the 40x 4/5 $885 after today's very nice jump up to just book the profit and have one less thing to even be wondering about while relaxing. Still think NVDA will be in a nice place over the next week or so (NFA, of course)...
  19. I

    Wiki Selling TSLA Options - Be the House

    I, for one, am happily -40x $885 for tomorrow 4/5. Whether they will expire or be assigned tomorrow, I couldn’t guess, but if they are assigned then I’m fairly confident 4/12 will be higher than 4/5 and all will be well. A week is quite a bit of time in NVDA-land. YMMV and NFA, of course.
  20. I

    Wiki Selling TSLA Options - Be the House

    Not sure if you’re serious or not, but FYI the Mesa, AZ delivery center has a large collection of vehicles filling a chunk of the otherwise-mostly-empty Superstition Springs Mall parking lot, the Scottsdale, AZ delivery center has a similar collection at a shopping center near them, and while I...
  21. I

    Wiki Selling TSLA Options - Be the House

    @dl003 - you need not use the entire thread; my few posts alone will suffice. When I post that I am taking the opposite side of @BornToFly and @Knightshade on call options, that should be sufficient contra indicator (see below). 😁 However, after a weekend that was definitely not what I had...
  22. I

    CyberTruck (CT) waiting room

    FWIW, as of yesterday afternoon Mesa, AZ has 11 CyberTrucks behind the building, 1 CyberTruck inside the repair area, and there were 1-2 more on a car carrier trailer on the 60 off-ramp. Odd thing was that the 11 in back appeared to have been sitting there a while (vs being cleaned / prepped /...
  23. I

    Wiki Selling TSLA Options - Be the House

    ... "Hello from the other side..." <of that trade> :) Not sure I expect $215 next week or not...but we shall see. :)
  24. I

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

    (see bullet 4 below). (No bravado here, just much experience and many, many, many hours behind the wheel of my Teslas.) My days of completely non-stop driving are (mostly) behind me, even though my days of long-distance driving are increasing. My comment was specifically about no-charging-stop...
  25. I

    Wiki Selling TSLA Options - Be the House

    FWIW, at least for my accounts, Fidelity does not charge any fees to close out options contracts if the options are below $0.65 per ... it even gives a little popup that "This will be comission free if it executes below $0.65." Very handy for closing out those contracts on Friday instead of...
  26. I

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

    Probably true for some...possibly true for many...but definitely not true for all. The range has changed, specifically for those who *really* want the range (perhaps not so much for those who don't care about the range). My original CyberTruck reservation is for the tri-motor, not because I...
  27. I

    Wiki Selling TSLA Options - Be the House

    … … and now I’ve been wrong again! :) On the one hand, I believe you rolled those on that same day (Wednesday). On the other hand, the next day (Thursday AM) when the drop to $185 hit was the perfect timing to close out ones covered calls. Kudos to those that did that! :) :) :)
  28. I

    Wiki Selling TSLA Options - Be the House

    That is all very true. It is possible that that same moment of realizing the loss on (A) is also the right time to open the position (B). I have done a roll before, when I was firmly convinced this was the case, but more often I simply find I benefit from a thinking period in between closing (A)...
  29. I

    Wiki Selling TSLA Options - Be the House

    Two reasons: The first is simply, I am OK selling those shares at the $187.50 strike price...if I wasn't OK doing so, I wouldn't have sold the calls. The second is the more important reason...it's because I have a fundamentally different perspective on options than most (nearly all?) of those...
  30. I

    Wiki Selling TSLA Options - Be the House

    190 CCs for Feb 9, 2024 are probably safe. NFA and have been wrong before. FWIW, I sold 200x 187.5 CCs. If I’m wrong and these 20k of my shares are called away, I won’t be sad about it. So, I guess ultimately the answer is how you’ll feel if your shares backing your CCs are called away.
  31. I

    Wiki Selling TSLA Options - Be the House

    ...and just went ahead and bought the 20k shares...and more...shopping is fun sometimes. :) Now I'll step away from the Fidelity screens for a bit and let the SP drop back down again while pressure subsides.
  32. I

    Wiki Selling TSLA Options - Be the House

    ...and bought them back, pocketing the $17k-and-change profit for a hard morning's work.
  33. I

    Wiki Selling TSLA Options - Be the House

    Buying them could be smart, but FWIW, I just STO 200x TSLA240202P180 CSPs. At first glance I thought I might’ve sold you the puts you purchased, but then I noticed that you’ve got an extra week of protection.
  34. I

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

    TBH, this list appears to be a mixed bag, IMHO. 1. Stock buyback should definitely be started, but for the next few years at least it should be capped at repurchasing exactly the # of shares each year needed to offset dilution due to employee stock awards, etc. From an investor perspective, it...
  35. I

    Wiki Selling TSLA Options - Be the House

    @BornToFly - are you certain on the CSP-backing cash not generating interest? Previously Fidelity has stated that the cash does continue to earn interest - I'm currently calling their private client group service team now to confirm, but if you have any information from them to the contrary that...
  36. I

    Wiki Selling TSLA Options - Be the House

    Also, STO 50x -TSLA240126P180 to maybe pick up a few more tomorrow for $180...couldn't even bring myself to make it a full block, though.
  37. I

    Wiki Selling TSLA Options - Be the House

    Now that we're on the other side of earnings, just re-bought one 10k block of shares to begin re-building my TSLA position. Not a conviction buy that now is the right time to really reacquire anywhere near all the prior share holdings yet...still reading the room on what the short term future...
  38. I

    Wiki Selling TSLA Options - Be the House

    BTC these for a $17k profit…not because I think they might suddenly be ITM, but rather so I can sell the underlying shares on any bounce. See everyone on the other side of earnings. GLHF!
  39. I

    Wiki Selling TSLA Options - Be the House

    Anything can happen, but $230 calls for 1/19 are likely quite safe. Even $225 calls for 1/19 seem quite safe to me. I hope I am very, very wrong, and 100% look forward to this being thrown in my face within the next 72 hours. :)
  40. I

    Wiki Selling TSLA Options - Be the House

    BTC those for a nice $15k profit this AM, TY for making me think of this strike, @BornToFly - dinner at Dante's on Grant is on me if the timing ever works out, as a minor "TY!" :) Now on to more fun, STO 200x C225s for this Friday instead. If @dl003 gets his run up to $232, I'll still be very...
  41. I

    Wiki Selling TSLA Options - Be the House

    That is a nice premium for $230 for this Friday...I'll join you, STO 200x C230s for this Friday against some of my newly-purchased shares from this AM.
  42. I

    Wiki Selling TSLA Options - Be the House

    FWIW, having sold all my TSLA holdings earlier this year (and not coincidentally left this board for the duration), I began buying back in today. TBH...not a conviction buy at this point, but enough of a position to warrant me considering things.
  43. I

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

    Yes, I am 100% contemplating it as well, no eye rolling at all. I'm quite interested to see how that develops, with an open mind, and with a concerted effort to realize my own biases so that they can be set aside, and let the facts as they are revealed dictate what happens next and how I think...
  44. I

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

    Absolutes are problematic, as it only takes one counterexample to disprove absolutes. I optimistically assume you meant to convey that only a few people here think Musk can do no wrong, and that most know he's human and occasionally makes mistakes like other humans do. This non-absolutist...
  45. I

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

    Just a thought - yes, happy to have this put on hold for now and revisited after that lawsuit is resolved, exactly as you ask. Question for everyone to contemplate in the meantime...since you brought up this lawsuit, it's fair to ask, "If the lawsuit is resolved in favor of Media Matters and...
  46. I

    Wiki Selling TSLA Options - Be the House

    Best to just assume everyone you are communicating with online is an imposter. Do not send money to anyone online. Do not visit strange websites because of anyone online. Please, for once, this *is* advice.
  47. I

    Wiki Selling TSLA Options - Be the House

    Ideally I would've sold the CCs when it was green, not flat-ish, sold even more shares, and not sold the CSPs until close of market...so I won't say I crushed it. But certainly happy with today's trading, if not happy with today's closing TSLA share price. :)
  48. I

    Wiki Selling TSLA Options - Be the House

    A quick scan of Investor Relations | Tesla Investor Relations does not show any next-year-guidance included with either the Q4-2022 or Q4-2021 P&D releases. Again, when in doubt, always go back to the source.
  49. I

    Wiki Selling TSLA Options - Be the House

    Sold -C260s x200 this morning, then sold a couple of thousand shares, then sold some -P255s. Didn't expect the drop to be quite as immediate as it turned out to be, so just before close I bought back the -C260s, for a +$1.50 - covers most of my income for the week in today's work. Will likely...
  50. I

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

    Yes, I fully understand that they are retaining their reservation, but not ordering the Founder's Edition. As I've stated before, I doubt few (if any) will cancel their reservation, as there is *no* real benefit to anyone to cause them to cancel it (the $100 deposit being returned seems...