That crash was not because Elon was buying Twitter. I think it was because he needed to pay taxes or something like that and he sold $10B. That crash had nothing to do with the company performance or the broader market... Everything was amazing back then.
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
That crash was not because Elon was buying Twitter. I think it was because he needed to pay taxes or something like that and he sold $10B. That crash had nothing to do with the company performance or the broader market... Everything was amazing back then.
thenewguy1979
"The" Dog
BTO some 202.5C for 2/23 to ride the bullish wagon.
I see bullish trend.
I see bullish trend.
I think you'd call my NVDA trade a Bull Put Diagonal, but I'm not 100% sure:
BTO 10x 7/24 +p600 + STO 10x 2/23 -p700 -> the premiums are roughly the same, so the key to this one is NVDA staying above $700 until earnings, at which point I'll look to roll down the -p700's to ensure they expire, or a least mitigate the risk
The general idea is that you get the +p600's paid by the -p700's, after which you can write safer weeklies against them until expiry, looking at the NVDA chain, $10 premium is around 10% below ATM, so if this works out could be very lucrative
If this first pairing comes off, I will leg more into it over time
I’ll sell another 10 -cc205$ for mar if we get over 6.50. Might do 5 at 205 and 5 at 210. Looking for Mar monthly puts to buy at 175/180
thenewguy1979
"The" Dog
I have a feeling NVDA may hit 1K soon. It's following the same old TSLA stock movement. Then split......
It is "the" Market now.
Either that or it would be the greatest rug pull ever bringing down the Market in 2 weeks.
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SpeedyEddy
Active Member
Indeed, this week NVDA will still be up (a lot) So STO (for the second time today after hitting a $4.50 profit the first time buying/selling) +C2/16 $660.
Finally doing some real deltasnatching. TESLA positions:
-/-TSLA NASDAQ.NMS Mar22'24 210 CALL
-/-TSLA NASDAQ.NMS Sep20'24 185 PUT
-/-TSLA NASDAQ.NMS Jun18'26 230 PUT
-/- TSLA NASDAQ.NMS Jun18'26 300 PUT
SpeedyEddy
Active Member
Relentless dumping so far to keep TSLA down. For the record keep NVDA out of this thread.
SpeedyEddy
Active Member
Sorry, I unhonourably screwed the word "scalping". In this case, using deep ITM call options as a synthetic share, catching delta-gain this week. Maybe will be out of this position in time for CPI. Just checking how late those numbers will be out.
Yes, this I understand, but DB said he wanted assignment if the SP was below... anyway, he answered in the meantime that it was purely for margin preservation
I think the general consensus was that it was OK to talk about other stocks, but TSLA remains the core...? Or perhaps I misunderstood??
thenewguy1979
"The" Dog
He could also decrease the spread to 5 instead of 30 to further decrease margin.
The 30 was to allow rolling, but if he seek assignment then don't need that wide.
SpeedyEddy
Active Member
CPI out 8:30 EST so before the opening bell. making the above a daytrade most likely. Yeah not Too much NVDA, just to overcome TSLA Doldrums. But we agreed on a little bit of this, not taking over the main topic by any means. We're balanced mostly and it has not gone derailed too badly in the past, sometimes helped by mods. trust us @jim0266
But that would take away almost all the premium from the short side...
$ is the universal language so I'd give a disagree but I won't.
I'd like to see more elaborate contents from @Yoona . All these option charts are cryptic to a slowpoke like me.
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