Wiki Selling TSLA Options - Be the House

[TexasGator]

definitely interesting to watch it on an options expiration day... if the split gets wider may be fun to grab a few 0dte puts

 

[Blue horseshoe]

definitely interesting to watch it on an options expiration day... if the split gets wider may be fun to grab a few 0dte puts

Worth tracking. It makes sense to me that this trading strategy would perform best on Fridays with diminishing performance as you move toward Mondays.

 

[BornToFly]

Macro rise is fighting my trade right now....

 

[TexasGator]

bought 10x 250p for .03, and set a sell order for 0.25 for grins

 

[thenewguy1979]

bought 10x 250p for .03, and set a sell order for 0.25 for grins

Thanks for your sacrifice toward the pursuit of knowledge.

 

[TexasGator]

win some kibble lose some kibble

 

[BornToFly]

Macro rise is fighting my trade right now....

Got out of the trade at break even. Rising Macro pulled up the Algo line instead of letting the SP drop.

 

[Yoona]

alrighty, shutdown time in case we see afternoon shenanigans

then, me relax a bit

 

[BornToFly]

Algo line went straight down. Trying again.

 

[Jim Holder]

Lil' tip, as long as dealer deltas are green--like the past 4 days--it puts downward pressure on the SP and provides less support for a run (Red=bullish; Green=bearish)

 

[BornToFly]

alrighty, shutdown time in case we see afternoon shenanigans

View attachment 1002151

then, me relax a bit

View attachment 1002146

You are amazing. You fly much closer to the sun but avoid getting burned.

 

[Jim Holder]

alrighty, shutdown time in case we see afternoon shenanigans

View attachment 1002151

then, me relax a bit

View attachment 1002146

Great work! Curious your methodology for keeping track/managing all the legs of the IC's. Can you share how you tie them together and manage them?

 

[Jim Holder]

12/22

The $260 wall is sold down. $255 is the spot now:

Earlier today:

 

[Jim Holder]

Next week 12/29

Earlier today:

 

[Yoona]

You are amazing. You fly much closer to the sun but avoid getting burned.

Great work! Curious your methodology for keeping track/managing all the legs of the IC's. Can you share how you tie them together and manage them?

it was easy-peasy

i start at the back (ie DOTM) and work my way in during the week

-c280 then -c275 then -c270 then -c265, etc

if i get in trouble, then only -c265 needs to roll and everyone else is ka-ching

and because i use wide spread -c265/+c295, it's most often a credit roll and/or strike improvement, rarely debit

this weekend i'll show stats "TSLA Rolling - Does it Work? Backtested Since 2021"

now stop disturbing my movies

 

[Blue horseshoe]

Algo line went straight down. Trying again.

Well that definitely worked

 

[BornToFly]

Algo line went straight down. Trying again.

Scalped $2/share. I'll take it. $2,000 in the bank.

 

[thenewguy1979]

win some kibble lose some kibble

Seem to worked. That .03 now doubled. Won yourself a big bag of kibble.

 

[thenewguy1979]

Come on guys. Someone bought another million puts of SPY? 252 targeted.

 

[Jim Holder]

So TSLA is like the weather in Manchester, England or Seattle Washington: If you don't like the price, just wait a few hours...