Wiki Selling TSLA Options - Be the House

[juanmedina]

quick overnight $3 from algo flow
View attachment 1003693
View attachment 1003696

hmmm, this added 50% to my weekly income; prems way better than options

Sorry I am not following. Selling premiums better than buying options?

Weird, I thought it was more of a buy back at $100, but what the hell do I know?

As I’m road-tripping back home tomorrow, will probably need to sort out this weeks 10x -p260 & 109x -c260 today

He said that at $265 we would have broken the long down trend channel and the horizontal resistance so in his opinion we would possibly go to $313 or something like that.

 

[Jim Holder]

Added -C290 1/5/24

 

[Jim Holder]

He said that at $265 we would have broken the long down trend channel and the horizontal resistance so in his opinion we would possibly go to $313 or something like that.

I believe it needs to hold over $265 and preferably close the week that way for confirmation. Until then it can be a false breakout.

 

[intelligator]

QTA levels for today + various commentary

Please remind us what the highlight implies over 262.5 across this and next week expiry.

 

[Jim Holder]

Please remind us what the highlight implies over 262.5 across this and next week expiry.

The beige highlight shows where price is now (spot).

 

[DaBooster]

Sorry I am not following. Selling premiums better than buying options?



He said that at $265 we would have broken the long down trend channel and the horizontal resistance so in his opinion we would possibly go to $313 or something like that.

Always be the house

 

[thenewguy1979]

Always be the house

Just dont sell the house

 

[tivoboy]

View attachment 1003699

go Big or go home… my guess is this trade is already closed?

 

[Yoona]

go Big or go home… my guess is this trade is already closed?

yes, made $3 at opening bell

 

[wooter]

For once I hope I did something smart. I always had the tendency to ride stuff out, but my -c265 got me nervous so replaced it with -c270

 

[wooter]

yes, made $3 at opening bell

The first 30 minutes is where the stock moves. Then activity and moves start to deflate.

 

[dl003]

Nothing much, just casually gave you a real target which also might be a pivot point.

Potentially ending diagonal into rising wedge. The 1st target once it breaks down is the base of the wedge at 247.

 

[Jim Holder]

Nothing much, just casually gave you a real target which also might be a pivot point.
View attachment 1003708
Potentially ending diagonal into rising wedge. The 1st target once it breaks down is the base of the wedge at 247.

View attachment 1003709

Time to tilt short it seems...

 

[tivoboy]

yes, made $3 at opening bell

I can’t imagine what it would have been had you wait ~ 20 minutes.. ;-). But then again, rule #1

 

[Yoona]

we've been 30 mins stuck at the largest dark pool

 

[BornToFly]

Bought 1,000 shares at 261. Come on....

 

[Max Plaid]

OK, I wiggled out of this week's 20x -p260 / 100x -c260 for around +$4k profits, not a lot, but $4k more than if I had never placed the trade, and a much better situation than I was expecting when we hit $265 in pre-market

Now looking to go back to my primary plan and add to my Jan 26 -p270/-c270 positions, and add some July +p200's

 

[jeewee3000]

Rolled my 12/29 -c260's to 01/05 -c260's for $4.5 credit per contract. (at open)

260 might be safe tomorrow but I don't want to have to check the SP like a hawk today and tomorrow.

Positions for next week: (besides shares of course)
-c260's
-c250's

 

[Yoona]

Now looking to go back to my primary plan and add to my Jan 26 -p270/-c270 positions, and add some July +p200's

you are very brave

 

[Jim Holder]

12/29

1/05

1/12