-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Might have been folks closing them out, we won't know until Monday...
Anyway, like I said, easy enough to roll them up and out and loads of shares left to write weeklies, no problemmo
I'm in a few rooms and people have been telling each other to buy the dip this morning as well as buy 200C exp next week. Just technical trading I guess. Net call flow is pretty negative for the day, typical of long weekends.
Last edited:
APR14C200:
Volume: 61k
Open Interest: 21k
Definitely not all closing. Could be flips with the 0.79-1.29 range today.
Today's 200s on the other hand...
Volume: 20k
OI: 51k
LBM4
Tesla Fealty
BTC 20x -p185 @35c & 20x -c185 @35c -> gets too messy trying to take this to the close and a big move either way could be costly, net profit $2.25 on each side
STO 10x 4/14 -p185 @$5.2 -> I was thinking of 20x -p170 shitputs, but the premium just wasn't worth the effort, so went with a lower number of strikes than the usual 20x ATM
Yes, yet another straddle...
STO 10x 4/14 -p185 @$5.2 -> I was thinking of 20x -p170 shitputs, but the premium just wasn't worth the effort, so went with a lower number of strikes than the usual 20x ATM
Yes, yet another straddle...
EVNow
Well-Known Member
We should just discount end of week days. More or less determined by options expiring / max pain. Let us see what happens next week. Bullish market may continue on Monday.
BTW, quite an underperformance by TSLA today. Normally should have been up about 1.5% considering Nasdaq was up ?0.76%.
myt-e-s-l-a
Member
Tesla cut prices on both versions of its Model 3 sedan by $1,000 and on its Model Y crossover by $2,000,. It also cut prices on its more expensive Model S and Model X by $5,000.
Not yet in EU, where the price of the MSX is way too high
Other big news, is JB being nominated for the BoD, I see this as incredibly positive, don't know if the markets care about that though
EVNow
Well-Known Member
May be not .... the markets may go up since the employment numbers came inline with expectations and futures are slightly up.
What if Tesla have made this decision based on better than expected margins on Q1?
Knightshade
Well-Known Member
When have we ever seen them cut pricing OTHER than to drive demand/offset lost subsidies?
EVNow
Well-Known Member
My take away is - Q1 margins are better than 20%, otherwise they wouldn't cut esp. Y. Actually, I don't understand the cut in prices for Y since apparently they don't have any issue moving those in US. Could be
- relative positioning of 3 & Y and how the demand will shift from one to another ... and/or
- expected higher production from Austin
Anyway, probably should move this back to the main thread. But looking at various headlines, I do think bears will have a field day on Monday. Thats why I've been only selling calls ...
Since Tesla cuts prices, discussion is about margin. I understand the worries but I think margin in this stage of development of Tesla is not the main issue.
i see these price cuts in the light of further development of Tesla. I must say, I think Tesla is doing the right thing and they are performing very smart.
Tesla set up a big fanbase, helped by superior technology and performance of the cars. They got a foothold in the car market very fast. In fact, Tesla is a brand to reckon with nowadays.
Once your reputation is set you can put your energy in gaining market share. Cutting prices and thus do concessions on your margin is part of the deal to gain this market share. I think these price cuts will be of the most significance in the main markets of Tesla, US and China.
But we'll see how Mr. Market will react next week. I remain bullish on Tesla since I am convinced Tesla is not only about cars. Tesla is an invention factory which will be greatly beneficial in solving climate change and contribute to a sustainable world.
i see these price cuts in the light of further development of Tesla. I must say, I think Tesla is doing the right thing and they are performing very smart.
Tesla set up a big fanbase, helped by superior technology and performance of the cars. They got a foothold in the car market very fast. In fact, Tesla is a brand to reckon with nowadays.
Once your reputation is set you can put your energy in gaining market share. Cutting prices and thus do concessions on your margin is part of the deal to gain this market share. I think these price cuts will be of the most significance in the main markets of Tesla, US and China.
But we'll see how Mr. Market will react next week. I remain bullish on Tesla since I am convinced Tesla is not only about cars. Tesla is an invention factory which will be greatly beneficial in solving climate change and contribute to a sustainable world.
Knightshade
Well-Known Member
I don't think a margin drop is substantive as far as Tesla having a super successful future.
But it's pretty relevant to the stock price, what people consider a reasonable P/E ratio, etc.... at least so long as cars is nearly all the revenue stream.
But it's pretty relevant to the stock price, what people consider a reasonable P/E ratio, etc.... at least so long as cars is nearly all the revenue stream.
EVNow
Well-Known Member
There is some impact - not just on upcoming Earnings, but even medium term growth. Lower margins means lower cash-flow and what can be re-invested and how fast. Ofcourse currently cash may not be the limiting factor in building new factories - but at some point it may be.
Knightshade
Well-Known Member
I'm not sure it is? Cash on hand only changed by a few billion while constructing both Berlin and Austin, expanding Shanghai, building the megapack factory, etc... even if we pretended added cash went to 0, and stayed there for years, which it won't, they could build at least what 5 more factories with what they've already got to hand?
I think Tesla was pretty clear lack of talent was a key factor holding back factories- there's only so many great engineers- not cash.
I think Tesla was pretty clear lack of talent was a key factor holding back factories- there's only so many great engineers- not cash.
Yikes, looking ugly out there today!
Tons of TSLA FUD and crappo macro too... glad I went call-heavy this week:
20x -c195
20x -c185
10x -p185
Tons of TSLA FUD and crappo macro too... glad I went call-heavy this week:
20x -c195
20x -c185
10x -p185
I can't decide if I sell CCs for Friday immediately at the open (expecting SP stays level or more of a drop this week), or I wait until after CPI Wednesday.
Similar threads
