3 more weeks, it's too early to tell but market seems to be betting 3/31 ~190Last price on these is now down to $3.85 for a ~50% loss in ~24 hours if that buyer hasn't already closed out that position...
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3 more weeks, it's too early to tell but market seems to be betting 3/31 ~190Last price on these is now down to $3.85 for a ~50% loss in ~24 hours if that buyer hasn't already closed out that position...
So very true! My main take away from watching this is as a reminder of how quickly a trade can take a poor turn...and examples like this (50% drop in 24 hrs, even if unrealized and potentially reversed over the next 3 weeks) really prove the point of your signature.3 more weeks, it's too early to tell
Update:Hmm, for 5/10 I've got -190c's on the line versus -190p's and -187.5p's.
Only enough cash to execute either the 190p's or the 187.5 p's.
Theta of the 190p's is down to around $0.5, the 187.5p's to $0.8.
In serious doubt to start rolling the puts, but on the other hand we could easily end up around $185-190 this friday.
My read is still the same.
Today may be as far as SPY goes. 480 / low 160s next.
255-265 later this year is still on schedule.
I'm scalping CC using my new strategy. It doesn't call for long dated ATM CCs until momentum fizzles out on the daily timeframe.Thanks for the update.
What's your guess for timeframe for TSLA $160 and are you selling calls here today (~$180), say -C190 7/14?
I'm scalping CC using my new strategy. It doesn't call for long dated ATM CCs until momentum fizzles out on the daily timeframe.
by end of MayThanks. What's your guess for timeframe for TSLA $160?
Thanks dl003. Please advise if you see anything for NVDA?by end of May
I see it trading in the 920-770 range until August when it'll break out.Thanks dl003. Please advise if you see anything for NVDA?
Isn’t more than 80% of daily workers living paycheck to paycheck? I guess that’s the capitalist hyper consumerism our system has developed.Those buyers are very likely in a pretty sad state of financial affairs if they're buying a vehicle they don't want only for a lower monthly payment. I really do hope Tesla isn't trying to scrape the bottom of the consumer barrel, because when these folks run into difficult times they may not be able to make their monthly auto payment. Subprime borrowers are not what Tesla (or any company) needs right now. Yeah moving a vehicle might look good short term, but it might end up costing more than it's worth down the road when the borrower defaults and Tesla has to repossess a vehicle (which costs time and money) that has suffered damage/neglect, requiring even more time and money to get it sellable again, if it even can be resold.
Some customers simply aren't worth having and are best turned away. I'd rather Tesla not give out loans and cars to people who might default, which may be even more likely now considering the recent layoff and cost cutting announcements.
All markets are cyclical. The entire auto industry is in a bit of a lull right now. It's also not a good look for Ford or Toyota or VW etc to be giving out 0% loans when interest rates are as high as they are. Clearly their sales are hurting, too, otherwise they wouldn't need 0% loans to move vehicles.
rolled my 165 CC from this Friday to 170 in 1 month just to give me time and a bit of maneuver to react when we get thereby end of May
S&P500 inclusionwas kidding on Buffet, I know he will not buy TSLA, doesn't meet criteria ..
but atleast they are cognizent that Tesla could disrupt their whole insurance business And might be some thought for many more who attend the annual retreat.
Unless the CEO posts some unhinged musings on X whi...I see it trading in the 920-770 range until August when it'll break out.
So basically all calls should be closed in the low 160s for this year?My read is still the same.
Today may be as far as SPY goes. 480 / low 160s next.
255-265 later this year is still on schedule.
We have 2 numbersSo basically all calls should be closed in the low 160s for this year?
We have 2 numbers
dl003 - low 160's
tivoboy - mid 140's
@Jim Holder - missing your daily charts where all the top and bottom numbers were combined from various sources