Knightshade
Well-Known Member
TBH I'm not sure "up 0.2% YoY with both lower prices AND a refreshed Model 3 compared to last year" is "strong"
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
TBH I'm not sure "up 0.2% YoY with both lower prices AND a refreshed Model 3 compared to last year" is "strong"
Well Berlin shut down would require more Shanghai exports so the numbers are better than expected.
Sounds more like ARKK
Maybe that's where Cathie Wood gets her numbers from...
Would be interesting to see that overlaid on other beta names to see if it holds up looking back.
The whole weekly thing is silly because we never know how many they are exporting instead of selling locally.
1/26 current view
Does the fact that so many puts are ITM give the stock some support from dealers/MMs?
Does the fact that so many puts are ITM give the stock some support from dealers/MMs?
I might trade around them, but my plan would be to do -p as CSP for additional entry, and at $190 with an $8 sold premium, I’m ok with that as 20-30% of the position.
Sounds more like ARKK
Maybe that's where Cathie Wood gets her numbers from...
Would be interesting to see that overlaid on other beta names to see if it holds up looking back.
ARK uses Monte Carlo Simulation. It is interesting that two different methods yields results in the same ballpark (ARK says $2000, MattHughes $3000) by 2027.
used this early pop to sell 10x C235 for 1.4 for this week. be thrilled to have to roll them
edit corrected typo
edit corrected typo
thenewguy1979
"The" Dog
At the 215 mark bought some 5 x +182.5P exp 02/02
Now got a cheap straddle going on.
Firework on either side I win. Sideway then no filet this week
edit - for sideway I have that $210 butterfly I fat fingered from last week. So sideway win as well. Guess I'm good to go into earning.
Now got a cheap straddle going on.
Firework on either side I win. Sideway then no filet this week
edit - for sideway I have that $210 butterfly I fat fingered from last week. So sideway win as well. Guess I'm good to go into earning.
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jeewee3000
Active Member
I for one can't bring myself to selling calls into this earnings. Am I bullish about earning? No not really. But I can't see us dropping much further either. ($200 should hold IMO) and I want to prevent selling calls at a local low.
I know this is not a delta neutral strategy that'll make me a lot of money, but if we drop after earnings I think I'm just going to wait it out some more before selling calls. Or if we get crazy low ($150 or $100) I'll think of converting some shares to LEAPS. At these levels I'm still uncomfortable doing so.
FYI, I'm holding $210p, $215p and shares into earnings. = positioned in a bullish to neutral manner. (since the puts are allowed to be exercised)
I know this is not a delta neutral strategy that'll make me a lot of money, but if we drop after earnings I think I'm just going to wait it out some more before selling calls. Or if we get crazy low ($150 or $100) I'll think of converting some shares to LEAPS. At these levels I'm still uncomfortable doing so.
FYI, I'm holding $210p, $215p and shares into earnings. = positioned in a bullish to neutral manner. (since the puts are allowed to be exercised)
Knightshade
Well-Known Member
Eh I sold some $1.45ish $235 calls for Friday at ~215 today- IV crush should hit right after the call, and it's far enough OOTM I don't expect rolling would be a problem if they announce they cured cancer or something... (and honestly earnings or guidance would probably need to be crazy good to get those ITM thurs/friday anyway?)-- plus todays morning spike was lower than yesterdays (so far anyway)
Same here. My positions are also biased bullish, just selling CC's for scalps at morning pop/fades. I may regret not having much down protection but I'm also loathe to sells CC's at possible bottoms. $216 and $227 are sellable resistances unless we close over them, so I may sell some OTM CC's for January there.
On opening push to $215:
STO 10x -C275 9/20/24
STO 10x -C300 12/20/24
STO 10x -C350 1/17/25
BTC all at the $211 area dip for $1,900 pocket money scalp
STO 10x -C275 9/20/24
STO 10x -C300 12/20/24
STO 10x -C350 1/17/25
BTC all at the $211 area dip for $1,900 pocket money scalp
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Being over gamma flip ($207.12) let's see if the +GEX can help us move up, or if bears will push us down again by 11:30:
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