Paracelsus
Active Member
Mind posting a link to the post regarding your plan mentioned here? I tried to look up your posts, but couldn't locate it.
Tesla, TSLA & the Investment World: the 2019-2020 Investors' Roundtable
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Mind posting a link to the post regarding your plan mentioned here? I tried to look up your posts, but couldn't locate it.
Thanks @adiggs for your though rough response.
Cool roadster in your avatar too. Here's looking forward to these trades hitting, and you will be able to have a new one beside the original!
December 23rd, 2020 9:35am
June 20th, 2022 11:45am
/thread closed
Correct.So sell on December 23rd 2020 9:35am and re-buy on June 20th, 2022 11:45am?
Correct.
...thanks for you though rough response
Apologies @adiggs - I just noticed my autocorrect f'd my comment and I can't go back and correct it.
I meant to say Thanks for your thorough response!
Although the puts will increase in price with rising IV, stock price is a much much stronger mover of put values. Unless you think we are nearing the top now, I wouldn’t be buying any puts.I am thinking of buying some $350/$400 jan15 and Feb19 puts and find them somewhat cheap, but they are creeping higher last few days even though in the long term chart they are trending lower. This is confusing.
Question to more experienced folks, do you believe the put contract prices will become cheaper with higher and higher stock prices? So, I can wait to buy the same puts cheaper at SP $900/$1000?
Or even buy half and wait for the rest?
https://twitter.com/cfromhertz/status/1333536510881255425?s=20
$TSLA
*S&P TO ADD TESLA AT FULL FLOAT-ADJUSTED MARKET CAP WEIGHT
*S&P WILL ADD TESLA TO S&P 500 PRIOR TO OPEN DEC. 21
so, this appears to be all on the Quadruple Witching - S&P quarterly rebalance day 12/18
From the behavior of my calls today, it looks like IV has dropped some today after the announcement last night. The rise in share price today should have exceeded the theta decay on my calls, so there is something extra going on.
It might be that with the SP 500 announcement about how the inclusion will happen, there has been a drop in IV due to the removal of some of that uncertainty. I expect the IV to resume increasing so at least for today and into this week I am not particularly worried about that drop in IV.
I've been thinking more about this, and I can say without reservation that I'm surprised at the drop in IV. My own view of things is that I expect IV to be rising throughout the month. Then again, I'm a noob - especially at buying options - so the fact that I'm surprised isn't necessarily a very good indicator of anything
So I expect an increase tomorrow and/or this week. That increase might just take us back to something like where we were yesterday / Friday.
(This and $5 might be worth a cup of coffee)
Wouldn't this simply mean that options market is predicting that single stage S&P inclusion is going to produce a more stable share price than unknown or dual stage inclusion? In a way the "unknown" part was still at play including possible date change so I think it's somewhat logical that IV is a bit down.
Just wondering why buy a call expiring on the 18th? Why not go to the 24th or 31st? Would that not give you a greater chance to cover the run up in the sp, or are those considerably more expensive?
I know.. but I am addicted to volume.
Got 30 calls now - a later expiry would only have gotten me a fraction of this. :-D
... I know.. wont matter when these expire worthless, and would have been ITM a week later.
I NEVER learn..
I have a 12/18 call, profits are dwindling dramatically. Haven't decided what to do. On the one hand I'm expecting high IV's the week of the 14th, but the time decay would kill the call wouldn't it? Also hoping for solid IV/momentum the next two weeks(really expected more but there's still time)...Hoping someone with experience can shed some light.Looks like 12/18 calls are under water 20-40% for lot of guys that bought recently, like me. Hmmm. There is no free money.
I have few 0115 700 calls and those are the only one little green today for me.
Given a choice, will you roll your 1218 calls to longer dated calls, like 1231/0108 etc?
I have a 12/18 call, profits are dwindling dramatically. Haven't decided what to do. On the one hand I'm expecting high IV's the week of the 14th, but the time decay would kill the call wouldn't it? Also hoping for solid IV/momentum the next two weeks(really expected more but there's still time)...Hoping someone with experience can shed some light.