Wiki Selling TSLA Options - Be the House

[Jim Holder]

QTA levels for today

3/1

3/8

 

[Discoducky]

BTO 10x @2.09 3/1

 

[Jim Holder]

BTO 10x @2.09 3/1

Which strike?

 

[Discoducky]

Which strike?

$202.50

EDIT: Planning to do about 50x more for 3/1 and 3/8 as things progress

 

[BornToFly]

Sold 100X 205CC for Friday

 

[BornToFly]

Also sold 100X NVDA IC for Friday near the open. +650/-680 -940/+970 for 0.45 credit.
Will do more tomorrow.

 

[phantasms]

Sold 100X 205CC for Friday

Same, though slightly less of them.

Thought being worst case I can simply roll them over that big 220 call wall on 3/15.

 

[SpeedyEddy]

Indeed, ..chirp..., monitoring SMCI sharply, buying cheap puts SMCI and NVDA for next week, hoping to make up a bit quicker for the rest of the loss.
TSLA: One could go selling some CC when hitting $202.50 this morning.. but filling the gap down [edit] (so 207-ish) [/edit] would surely make me bearish if not cutting that like cake..

 

[Jim Holder]

@dl003 No more <$190 and time for blast off or not yet?

 

[jeewee3000]

Sold 100X 205CC for Friday

Ballsy.

I sold some 210cc's for friday @ 0.94 (already underwater, they're at $1.00 right now) and I'm not feeling confident.

 

[Discoducky]

15 minute candles are very nice today

 

[dl003]

@dl003 No more <$190 and time for blast off or not yet?

I don't know. I called for a rip this week. Who else called for a rip this week? I'm sorry if you misconstrued my post on Friday as bearish.

I think we're closer to a local top than a breakout.

Getting ripe. Closing a few CC below 190 and let her rip next week.

Top and bottom called.

 

[thenewguy1979]

SPY seem to run out of steam today along with QQQ. A MACRO pullback and that 206/209 wall may put a dent in this run-up.
Take profit as you can and be cautious.

 

[Jim Holder]

SpotGEX selling pressure to get to >$202.50

 

[Jim Holder]

Getting ripe. Closing a few CC below 190 and let her rip next week.

Thanks. Though didn't get below $190 to close CC's, will we have that chance?

 

[Yoona]

Also sold 100X NVDA IC for Friday near the open. +650/-680 -940/+970 for 0.45 credit.
Will do more tomorrow.

29% in 45 mins, try again tom round 2; 1.38 credit

 

[BornToFly]

Ballsy.

I sold some 210cc's for friday @ 0.94 (already underwater, they're at $1.00 right now) and I'm not feeling confident.

I have 137X March 15 BPS +170/-195 that were rolled from 2022. It would cost over $5 to close them right now, so if I have to roll my CC to March 15, and eventually pay $5 to roll them to a better strike, I still come out ahead as I gain a bunch of margin back. That is why I'm being more aggressive than usual with 100X CC.

 

[dl003]

Thanks. Though didn't get below $190 to close CC's

And you're gonna fault me for that? Nobody remember 202 to 191 but everyone remembers how it didn't drop another $1.

 

[BornToFly]

29% in 45 mins, try again tom round 2; 1.38 credit
View attachment 1022079

Help me out Yoona. So you did nearly identical strikes, but much wider spreads. Was the 1.38 the original credit, or what you pocketed after 45 minutes?

 

[Yoona]

Help me out Yoona. So you did nearly identical strikes, but much wider spreads. Was the 1.38 the original credit, or what you pocketed after 45 minutes?

9:30 BCS .93
9:43 BPS .45

edit: u probably didn't leg in, that's why only .45 total

edit: narrow spread is extremely dangerous for nvda/smci, i am thinking 200 is better