2017 Investor Roundtable: TSLA Market Action

[racer26]

If I had calls that were DITM expiring next week with the intent to exercise, should I just let it run until the last day before executing?

Theta decay won't matter I wouldn't think under this situation but just thought I'd ask the pros for peace of mind.

IMO there's basically no reason to exercise any time other than on expiry day.

Either you can sell the option and try to save whatever time-value it still has, and then buy shares with the cash, or you can hold to expiry and exercise.

 

[DurandalAI]

Enjoying the ATH, but simultaneously wishing I had more $$ to throw at TSLA before it hits $500 at the end of the year.

 

[AntronX]

Did TrendTrader take profit?

 

[MitchJi]

If I had calls that were DITM expiring next week with the intent to exercise, should I just let it run until the last day before executing?

Theta decay won't matter I wouldn't think under this situation but just thought I'd ask the pros for peace of mind.

That's not a decision about opposite. It's a decision about TSLA's SP.

Maybe an example will help. Our June $315 calls have a delta of $0.91 and a theta of $0.17xx, and the time value is $5.45.

Edit Addition:
I just noticed you said exercise. Exercising is foolish, because you are getting zero for the $5.45! If you think that the SP has peaked you should sell the options and buy stock. It's a no brainer. Exercising only makes sense if you hold until they expire, which only makes sense if you believe that the SP will be at the highest point near the close on the Friday of expiration.

 

[hoang51]

The stock is looking strong.

The potential of Tesla Network and Tesla Energy is incredibly underestimated.

The undervaluation, in my opinion, is so deep that I'm not even looking at the stock price as I do with some of my other holdings.
...

Tesla Network revenue is probably peanuts considering most Tesla car owners are not going to be like Uber and considering that Elon stated that majority of the revenue would go towards the drivers/owners.

Source: Elon Musk On Tesla Network: "It's Not Tesla Versus Uber, It's The People Versus Uber"

 

[Richgoogol]

some major tug or war @ 340..I guess the shorts are giving everything they've got..let's put them to bed for good!!

 

[T3slaTulips]

Did TrendTrader take profit?

x100

 

[elasalle]

sold some Jan 18 calls , 500 for like $6-7 range

 

[elasalle]

Did TrendTrader take profit?

Actually this has crossed my mind for real. if TT007 does take profits all at once, it could cause a serious dip in prices.
There seem to be a few more folks here in this forum(not me) - who are also in the Million $ club...

 

[Richgoogol]

Are there any news that we don't know of?

 

[Todd Burch]

Are there any news that we don't know of?

It went up 20 points on no news. It can go down 20 on no news

 

[ValueAnalyst]

Tesla Network revenue is probably peanuts considering most Tesla car owners are not going to be like Uber and considering that Elon stated that majority of the revenue would go towards the drivers/owners.

Source: Elon Musk On Tesla Network: "It's Not Tesla Versus Uber, It's The People Versus Uber"

My model assumes Tesla takes a 20% cut, so yes, the majority goes to owner/consumer; but no, Tesla's cut is not peanuts.

 

[Curt Renz]

some major tug or war @ 340..I guess the shorts are giving everything they've got..let's put them to bed for good!!

Are there any news that we don't know of?

It went up 20 points on no news. It can go down 20 on no news

 

[phigment]

Insideevs monthly preliminary (US only) numbers are posted
Monthly Plug-In Sales Scorecard

For May, 1620 Model S, 1730 Model X

 

[Bobbyducati]

wrote 6/2 332.5$ puts when it was above$340. kinda regretting that move

 

[esk8mw]

Insideevs monthly preliminary (US only) numbers are posted
Monthly Plug-In Sales Scorecard

For May, 1620 Model S, 1730 Model X

Those are pretty good numbers. First 2 Q2 months trending about 1k above first 2 Q1 months. Note sure how international numbers compare - has anyone been keeping a close eye on the EU thread?

 

[zdriver]

I'm going to be waiting at least until it retakes $340, and holds it.

 

[austinEV]

View attachment 229225

I'm going to be waiting at least until it retakes $340, and holds it.

It all sounds funny. "Fade to 336 for support".... a value we first got 9 trading hours ago. I will be happy to weather such a plummet.

 

[MitchJi]

Tesla Network revenue is probably peanuts considering most Tesla car owners are not going to be like Uber and considering that Elon stated that majority of the revenue would go towards the drivers/owners.

Source: Elon Musk On Tesla Network: "It's Not Tesla Versus Uber, It's The People Versus Uber"

If we can fund a second M3 or a replacement, or a MY we will definitely rent our M3 eventually. I believe that a substantial percentage of M3's will get rented out eventually.

wrote 6/2 332.5$ puts when it was above$340. kinda regretting that move

It's still close to amateur hour. It could turn around for you and for the rest of us.

 

[geneclean55]

New month. Little bit of sector rotation.