If you don't mind, please explain to me how you're able to figure out what price an option will be at a certain SP as demonstrated above. Thank you!
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Tools like OptionStrat, select strike/DTE and contract value. Note IV can affect the price, though the current setting is about normal to a bit elevated.
So it seems for the contract to be $20 it will need SP around $140.
Technically, my “target” is $155, that was my target ~ 2.5 months ago (for this moment) and a bit more has changed, but I’ll stick with it overall. but my start to accumulate begins ~ 166 and then builds as we go lower approaching 160.
On a more happy note, yesterday: BTX 5x NVDA 3/8 -p850 (net +$8.3) -> STO 5x 3/15 -p875 @$20.17
I'm thinking NVDA and SMCI to rise into the S&P event next week, then maybe some pull-back, at least on the SMCI
I'm thinking NVDA and SMCI to rise into the S&P event next week, then maybe some pull-back, at least on the SMCI
yes, I use this Barchart options price calculator
Options Calculator - Barchart.com
Generate fair value prices and Greeks for any U.S or Canadian equity or index options contract.
www.barchart.com
if you buy +p, dealers will sell stock to remain delta-neutral; this forces the underlying to fall (ie continuous cycle) - this doesn't mean they have profits, they are just offsetting their risk
this large selling causes momentum effort or price to change significantly, and IV will rise and we will see -gex and -vex
if -gex is below spot, selling would accelerate (-gex is magnet)
if -gex is above spot, buying would accelerate (-gex is magnet)
if -vex is below spot and price is dropping, -vex becomes repellant (-vex is support)
if -vex is above spot and price is rising, -vex becomes repellant (-vex is resistance)
to avoid payouts, dealers may protect that put OI wall (ie close above)
gex walls and vex walls and OI walls function differently when far from expiration
as we approach 0dte, gex/OI walls may be similar
Well darn, thanks a lot! Without this piece of info how could I have known sentiment was bearish yesterday. /s
TSLA is resting on a few good supports here.
On the lower timeframe, it's reached the 4.618x extension of the 1st wave from 206 to 194 around 172. This is strong
On the higher timeframe, it's reached the .381x projection of the 1st leg down from 265 to 175. This is weak as historically it can go to the 0.618 projection at 150.
Also the lower band of AVWAP. This is semi strong because we've tested once last month. Retesting so soon means it loses some of the luster.
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According to my current wave count. It should reach 180 at the minimum, likely 185, then big risk of turning down again.
Thanks for the update!
Seems $198 is the new wall to beat (red trend line) vs. old $209 (which may still also remain).
Hence >$200 CCs might be "safe" until April. Fair assessment?
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thenewguy1979
"The" Dog
I've been following this trade, the current ask is closer to 2.50, the bid is 2.00 , how do you close these at 1.4 and 1.8 ? Trying to get a good feel for this trade, makes sense, just unclear how the closing could be had with the ask/bid spread being what it was.
Custom | OptionStrat Options Profit Calculator
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thenewguy1979
"The" Dog
Got some cheap Put +167.5 exp 3/15 during the pump. It did the roundtrip let see where it go now.
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