-
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
It already feels like we're replaying Nov/Dec of 2022 right now. If the macro's weren't near their ATH, it would probably be a exact replay of Nov/Dec 2022 and we'd be in the mid to high 100's right now.
Perhaps the biggest irony is that nothing has really changed since 12/28 other than a modest beat on P&D. Like, this is one of those situations where you could have told me what the report would be ahead of time and I would have 100% expected a different reaction from what we got.
Toss me in with the annoyed crowd.
Toss me in with the annoyed crowd.
Right now I am not going to anything until after earnings. Even if I miss out on a potential pump I want to be directionally correct. I still have $210 and $205 in play. I should have closed them this morning but I had some meetings.
With this ridiculous price action I decided BTC 130x -c220's for $4.90, net +$5.60
Looking to resell on a recovery, probably a safer strike, may well sell for September -c270 already, that already feels like a very far-away target from here...
Will walk the dogs, then see where we are
Looking to resell on a recovery, probably a safer strike, may well sell for September -c270 already, that already feels like a very far-away target from here...
Will walk the dogs, then see where we are
thenewguy1979
"The" Dog
Max was right. I should have inversed myself. Wacko movement.
Yeah unfortunately this setup is an ugly and murky as can be considering all the elements at a play.
TSLA has been trading very weak against the macros for weeks straight now. So you'd figure there's going to be even a decent recovery before more downside comes. But then you have the macro's trading near ATH that I feel are due for a pullback or correction before moving higher. So then the question becomes even if Tesla earnings are good, will TSLA be caught up in a macro correction that takes it below $200 anyways. And if break the $200's, I fear this thing is going to close the gap all the way down to $146.
But it's crazy to me for a stock to lose 40-50% off of technically beating deliveries.
But then again I thought Nov/Dec 2022 was crazy and it still happened.
Last edited:
Well it exceeded your wishes! Will we be rewarded?
I just wish I sold the $228 break like the original plan. I suck!
So if anyone didn't know already....we're in crash scenario lolI just wish I sold the $228 break like the original plan. I suck!
Negative dealer delta (often bullish sign) has been weakening (red bars) and today positive delta (green bar) made its appearance (often bearish). Needs to build more over a few days to solidify strength of direction.
Similar threads
