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Wiki Selling TSLA Options - Be the House

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SSR stands for Short Sale Rule or Short Sale Restriction. This restriction prevents traders from shorting at market (bid price) when the SSR is in effect. This is usually done to prevent a large number of short sellers from driving down the stock price of a company, which could cause panic in the market and destabilize the financial system.

Yeah, alternate uptick rule always kicks in at 10% below previous close, that's why I was confused by your use of "might". You meant TSLA might be down 10%, not that the rule might kick in if TSLA is down 10%.
 
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Thanks.

Re adding some calls for straddle, what do you have in mind?

Re roll out and reduce strike (Yoona's data also shows rolls work great for ITM puts) seems -P280 1/25/25 (-$3.75 debit; $6k) can make sense to buy extrinsic value, would you agree?

View attachment 1012055
I think Yoona's back-testing is for weekly ATM's not longer DITM, basically you're just trying to gain some extrinsic, you'll need to see what works now the IV has reset
 
Probably roll out and reduce the strike is safest...

For peace of mind I rolled the 16x -P290 9/2024 (extrinsic $0.88) out and down to 16x -P280 1/17/25 (extrinsic $3.31) for an $8k debit, using some of the gains from the overnight CC's I BTC earlier.

Idea: I can roll back into the -P290 9/2024 position later when we're over, say $220 and I BTC the -P280 for gains. This will allow me to offset any new gains from $220 and up with the -P290 against the realized loss from the roll at the same strike/position.
 
Well, I should have closed some positions yesterday for only a small loss.
I have 137X -210P for tomorrow

150X +170/-195P BPS for March 19
150X +200P for March 19.

The -210P was originally sold to generate money to help pay for opening the March +200P. Now I can't roll the -210 under the +200, so the +200 no longer helps close the BPS. :mad:

I could have closed the entire lot for under 20K yesterday. Now I'm looking at 155K loss.

I really need the SP to climb back up to 200....
 
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For peace of mind I rolled the 16x -P290 9/2024 (extrinsic $0.88) out and down to 16x -P280 1/17/25 (extrinsic $3.31) for an $8k debit, using some of the gains from the overnight CC's I BTC earlier.

Idea: I can roll back into the -P290 9/2024 position later when we're over, say $220 and I BTC the -P280 for gains. This will allow me to offset any new gains from $220 and up with the -P290 against the realized loss from the roll at the same strike/position.
Overnight risk! Going to do the same with -p210 for this week , they are less than .10 extrinsic right now...
 
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not looking at win/losses at the moment, but after rolling CC's and shuffling things around,(closing Dec 25 Calls) added 36 Jun 26 200 Calls ...
.. I'm done .... now need time arbitrage ..

Jan 300 CC sold for ~ 19 2 weeks back are like 9$ now ....
 
Well, I should have closed some positions yesterday for only a small loss.
I have 137X -210P for tomorrow

150X +170/-195P BPS for March 19
150X +200P for March 19.

The -210P was originally sold to generate money to help pay for opening the March +200P. Now I can't roll the -210 under the +200, so the +200 no longer helps close the BPS. :mad:

I could have closed the entire lot for under 20K yesterday. Now I'm looking at 155K loss.

I really need the SP to climb back up to 200....
Sold some -p230 for 2 weeks out yesterday

I need the SP to climb back up hell more

lol