thenewguy1979
"The" Dog
Postering all day. Comes on now…..
Make a big move fast or doggy going bite your ass. Slow poke
Make a big move fast or doggy going bite your ass. Slow poke
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Dude! Let my strangles close out first before you taunt the beast!
SpeedyEddy
Active Member
That happens on yields already (DCF gets better if yields drop, as important metric business-wise). yields already drop, because of the rate-pause and expected cut. BUT and this is the reason WHEN govt cuts rates, there is a reason, something broke, so must be repaired and the market knows, this is the start of the recession in which revenues and margins drop, so interest is becoming secondary EPS is the thing that is multiplies and that drops, likely the coming half year After rate-cut. Mostly shortlived dump in which it is smart to wait for a sign of bottoming. there is only 1 occurrence of not dumping, of all recessions. Statistics, so all can be different this time.
thenewguy1979
"The" Dog
You guys can thank me later for biting the beast in the ass to get it moving 
Closed out my 6x +245 exp 12/8 pump at last 10 minutes. Don't want to go too close to the sun.
Kept my +250/-265C spread for 12/15 just in case we pump tommorow.
Closed out my 6x +245 exp 12/8 pump at last 10 minutes. Don't want to go too close to the sun.
Kept my +250/-265C spread for 12/15 just in case we pump tommorow.
This is how you make consistent monies.You guys can thank me later for biting the beast in the ass to get it moving
Closed out my 6x +245 exp 12/8 pump at last 10 minutes. Don't want to go too close to the sun.
Kept my +250/-265C spread for 12/15 just in case we pump tommorow.
The only problem is I hear this argument everywhere these days ("the market only bottoms after the Fed cuts rate"). It seems so common knowledge that I almost want to fade it.
SpeedyEddy
Active Member
yeah @dl003 , the good old "isn't that already priced in?" Maybe take a peek @ fxevolution's daily YT. he's on top of all these kind of statistics. The nice thing is: some statistics do contradict each other (as I often happen to recognize, so you fall back to the dominant ones or the ones that are least broken and the "hide when rates are being cut" is a strong one)
CGS spread it everywhere like bonfire.
Guys, seriously stop working, it’s too dangerous. Just fell on ice in the parking lot this afternoon after finished my day at the clinic and broke my 5th metatarsal. Now I can’t walk without crutches and walking boot. I should just retire, stay at home and trade according to @dl003 plans and enjoy life watching my LEAPS increase everyday.
Office party yesterday, after which I could hardly walk, never mind trade, somehow made it home and went straight to bed!
Still have my three positions in play for this week 30x -240, 60x -c240, 100x -c260
Seems there was a good moment to close those -c240's yesterday when they hit $2, ah well
jeewee3000
Active Member
Looks like the jobs numbers came in a little hotter than desired - good for the economy, of course, but bad for rate-cutting prospects...
SpeedyEddy
Active Member
So I think: Room for a rally because no recession will be called soon.
I wil buy ITM calls for today on a possible opening dip, It will turn during the session, if the dip occurs
I wil buy ITM calls for today on a possible opening dip, It will turn during the session, if the dip occurs
Reposting in case my question got lost in pile yesterday:
When TSLA is expected to rise, what's better for capturing upside, sold puts (-P) or bought calls (+C)?
And any NFA suggestions for strike/DTE on either?
When TSLA is expected to rise, what's better for capturing upside, sold puts (-P) or bought calls (+C)?
And any NFA suggestions for strike/DTE on either?
SpeedyEddy
Active Member
I was a few cents too greedy on those, so had to move 2 dollars up to get them C232.50's for 8.473
And to pay for a dinner bought a bunch of C247.50 for 50 cents (just missed the 27ct trade at first with 1 cent)
And to pay for a dinner bought a bunch of C247.50 for 50 cents (just missed the 27ct trade at first with 1 cent)
SpeedyEddy
Active Member
Really depends on IV. If high, sell, if low buy, but be convinced on direction first!
jeewee3000
Active Member
Depends on many things, such as your risk appetite, your long term financial goals (amount of shares vs cash), etc.
Also: if you sell puts OTM, ITM or DITM the rewards differ. Same for calls (bought). So strike price selection determines profits. (Many go ATM and roll up everytime the SP climbs 5% further, this maximizes put selling profit)
Also expiration date has a huge influence. Selling a -300p for March 2024 for example, and riding the SP up to $300 by February, will result in greater profit than a sold -300p JAN2026 with the same SP rise. (but you have lower risk)
So yeah: risk/reward and all that.
And calls versus puts: you want to cap your losses (buy calls) or cap your profits (sell puts)?
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