$2 million 165p just came in that expires TOMORROW and above the ask. Seems someone clearly expects a quick puke in TSLA/Market very very soon 
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
yes if i think there is still a good chance for recovery. or as others do, can roll further out to give more time
as an example, have some Jun 2025 C400s and Dec 2025 390s that are down > 80%. not that i think those will go ITM but can double the position for not alot right now, and have a good shot at recovering the $ or at least minimizing the loss
thenewguy1979
"The" Dog
Thanks.
Closing it now for a loss would be one transaction, and whether to open a new one remains to be seen what happens over the next few weeks.
Does closing and replacing with shares make any sense, considering if we recover anywhere near 200? 153 shares x $50 ($150 to $200) = $7,650
Holding the calls to $200 nets -$11k vs -$30k, which = $20k vs $7,650
Man I miss the old days when we used to live in caverns going to a hunt outside on a sunny day when we were hungry and didn’t have to look at a ticker symbol everyday.Honestly getting tired of all the drama and the slow bleed, lower each passing day/week. And being flat on short calls/puts due to the uncertainty (“don’t short here”). Plus still stuck with 15x -P300 6/18/26 that can assign at around $134-$138
I just want to sell everything and take a break. May be the worst time to do so though at the 52-week low and tall 150 put/GEX wall.
Maybe ATM CCs or -C170 is the answer vs just selling here?
View attachment 1039585
The Tesla Secret Masterplan part 3 was mass industrialization and efficiency but instead of making the 25k model turned out to be going all in on FSD with crumpling sales.
At that point I feel like selling ATM CCs on all my shares
dc_h
Active Member
Wow, I've cleared out all my 4/19 CC's. Took the bird in the hand approach to 150, 155, 157, 160 and 162 and 165 calls that I had sold since Monday (when I woke up thinking Tesla was going to crash this week). I've rolled most of my 30+ 2025 CC's down and out, except 6 300 calls in Dec 2025. A pretty solid week for me, probably most aggressive CC's I've ever sold. I have 10 July 2024 calls at 205, which were rolled from Dec 2025, 10 Dec 2024 calls, rolled from 2025 and one 170 call for next week. I'm travelling next week and my own company has earnings, which will keep me busy.
Good luck to all.
Good luck to all.
i suspect this is probably an urgent buyback closing transaction (ie because above ask) to lock in profits now that sp has dropped$2 million 165p just came in that expires TOMORROW and above the ask. Seems someone clearly expects a quick puke in TSLA/Market very very soon
View attachment 1039683
ie STC a BTO +p165
if that is a Close then the trader is expecting a bounce up tomorrow
if that is an Open then BTO +p165 OTM 1dte doesn't make sense
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We arrived at our vacation home yesterday. Downloaded FSD 12.3.3.
Just used it to go to Costco, Trader Joes, and then home. Not an easy drive. Difficult left turns, roundabouts, speed bumps. It did it 100% robotaxi level with no interventions. At my house it pulled over and stopped (didn't go into the driveway). My mind is blown that we are down 40% this year on less auto growth when FSD is very close to being solved.
I sold 172.5CC for next week at $1 earlier today. I couldn't get myself to pull the trigger on 160 strikes or lower. With the stock down so much this year going into ER, I wonder if we actually go Green next week. Who knows.
Just used it to go to Costco, Trader Joes, and then home. Not an easy drive. Difficult left turns, roundabouts, speed bumps. It did it 100% robotaxi level with no interventions. At my house it pulled over and stopped (didn't go into the driveway). My mind is blown that we are down 40% this year on less auto growth when FSD is very close to being solved.
I sold 172.5CC for next week at $1 earlier today. I couldn't get myself to pull the trigger on 160 strikes or lower. With the stock down so much this year going into ER, I wonder if we actually go Green next week. Who knows.
Morgan Stanley on $TSLA: Is it time for Musk to sleep on the floor again?
"Tesla situation may very well deteriorate further (our current bear case PT is $100) ... Is Tesla exiting the (traditional) EV auto industry? At the margin, it seems so... Musk talked about how during tough times.. he would sleep... on the factory floor... Is it time to sleep on the floor again?"
"Tesla situation may very well deteriorate further (our current bear case PT is $100) ... Is Tesla exiting the (traditional) EV auto industry? At the margin, it seems so... Musk talked about how during tough times.. he would sleep... on the factory floor... Is it time to sleep on the floor again?"
I'll say it again, the wonderful experiences that we have with FSD v12 and actual solved FSD for robotaxi are separated by a vast chasm.
thenewguy1979
"The" Dog
I agreed current FSD 12.3.3/4 is lot better then before.
Maybe I just stay out of ER or sell some FOTM Call.
Safe safe and best of luck. BTW, AAPL broke the 168 support. Staying out now.
thenewguy1979
"The" Dog
its does that for all cars now, whether you have cabin camera or not.
Robotaxi aint happening for current car but should be on the model presented on 8/8.
For those wanting to make money with RT with your car dream on.......
I’d probably just hold these, and write calls against them..over the next 20 months, there should be SOME recovery and they should be Green again. But something about the numbers and potential profit on the grid seems off?
It’s more a NHTSA requirement at this point, and CYA for tesla since it’s not REALLY ready for RT.
If you don’t mind laying out more money, I like to roll down and out. It will cost you another $35/contract - but you can roll them out to 12/26 $100s.
The way I see it, you pick up $50 of strike value and extend a year for only $35. Doing this roll at a low is better than doing it high because the 12/26 100c has dropped a lot more then the 12/25 150c in terms of absolute dollar amount.
Haven't done the math, but since you can get around 153 shares, if you sell 2 ATM Jan 26, Dec 26 PUTS .. could you break even - dead money if SP goes up, else you get 200 shares if SP is still down in the weeds .. cheers!!
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