bballshinobi
Member
Let's just be grateful we are not in the $100-120 range thanks to the short squeeze after ER
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
This is purely cautionary. QQQ and SPY both have an ugly 2H reversal candle and are bear flagging. However, TSLA is notorious for AH news and the 2H chart is saying a local bottom is near.
thenewguy1979
"The" Dog
On the other hand it's doesn't take much to pump it back up.
FSD 12.4 next week and if true removed the hand nag. That a big plus. TSLA India? FSD licensing? Still more that can be pump.
The stock took a big beating much earlier so guess it's now more resilient to FUD?
On the other hand, the hourly 200 SMA is lost in TSLA so I'd also go light on short puts. I'd not be surprised if SPY and QQQ opens Monday gapping down > -0.5%. Absent news in the AH, we'll probably see low 160s earlier than I though.
I think NVDA, if going into ER around 900, will drop to high 700s. Then range bound till August.
Yeah, because we positioned for that and got the rug pulled... would have made $1/2million if we went down there at that moment, as should have happened
Now we're all jumping up and down for a $169 close and will think it's some kind of win
Thank you. Do you see any significant probability of a big run up to 950+ between now and ER?
% wise we're talking about 5.7% from here to 950. Not big. Possible.
Traded 3 DTE and 2 DTE ICs, each sold leg at .04 delta , 100 wide against SMCI and MSTR ... netted 1.891 % on 100k at risk. Yep, I said I'd stay away from spreads but this week the price action of these two was relatively flat, good use of IC. I started the week watching each, checking OI, noting put call ratio, OI shift day to day, vanna, gamma, delta, staying 3 or more STDEV expected SP move, picking strikes based on probability of profit > 96% per optionstrat. It's a lot of work but well worth the while. Overnight exposure and black swan are my greatest fear; I have lot to earn before I show a profit. Sitting on hands until Wednesday/Thursday helps.
I'd like to sell some TSLA CC for next week but we will be traveling. Thinking 180-185 might be safe but need to see a small pop. Sound about right? OPEX next week doesn't help. Still have the long puts that I'd like to free shares from but need to see low 160's or better to sell back.
GLTA!
I'd like to sell some TSLA CC for next week but we will be traveling. Thinking 180-185 might be safe but need to see a small pop. Sound about right? OPEX next week doesn't help. Still have the long puts that I'd like to free shares from but need to see low 160's or better to sell back.
GLTA!
ChiefRollo
Member
For the first time going into ER I felt prepared...and felt good about it...which was uncommon as I have been too bullish; the rug pull set me back quite a bit as well.Yeah, because we positioned for that and got the rug pulled... would have made $1/2million if we went down there at that moment, as should have happened
Now we're all jumping up and down for a $169 close and will think it's some kind of win
PSA:
All you TDA folks.. t-minus TEN MINUTES till final conversion.. the happening is happening..
GET THOSE SCREENSHOTS of basis if you haven’t already.
I’m raising a glass to Ameritrade for the last ~ 30 years of enabling me to make a lot of coin leading into the 2000’s and after, leading into the financial crises and after (this is when I learned to trade options), the recovery after the GFC, 2015, 2018, 2020.
And thanks to the TOS team for making a great product, I’m hopeful that it’s going to be just as supported by your new parent.
Cheers
UPDATE: slightly humorous but mildly concerning update… hopefully, this global solar storm, that NOAA is telling habitants OF EARTH to be prepared for possibly disruptions won’t impact data transfers going on this weekend.
I can see it now: “Uh, well we were just in the middle of your transfer and all the lights went out. when they came back up, all the data was GONE.. you don’t by chance have a backup, do you?”
;-0
All you TDA folks.. t-minus TEN MINUTES till final conversion.. the happening is happening..
GET THOSE SCREENSHOTS of basis if you haven’t already.
I’m raising a glass to Ameritrade for the last ~ 30 years of enabling me to make a lot of coin leading into the 2000’s and after, leading into the financial crises and after (this is when I learned to trade options), the recovery after the GFC, 2015, 2018, 2020.
And thanks to the TOS team for making a great product, I’m hopeful that it’s going to be just as supported by your new parent.
Cheers
UPDATE: slightly humorous but mildly concerning update… hopefully, this global solar storm, that NOAA is telling habitants OF EARTH to be prepared for possibly disruptions won’t impact data transfers going on this weekend.
I can see it now: “Uh, well we were just in the middle of your transfer and all the lights went out. when they came back up, all the data was GONE.. you don’t by chance have a backup, do you?”
;-0
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Decimal... just under 2% for being exposed 3 and 2 days. Actually $1,891 ... I know, it doesn't seem like a lot for that much at risk but it's almost 100k annual if that were possible weekly.
Whew… i was gonna say A) that’s GREAT, and B) send me your bank routing info, I’m sending you half my money to manage. ;-0
I've been transparent about losses as well, you don't want to send anything this way
Great reminder, thanks. Also save/export studies and any other customizations. Hopefully Monday goes smoothly.
I’m sad to see the TD mobile app go, I prefer it over the TOS mobile app since it has larger typefaces and served my needs very well the last several years. Now I’ll need to get used to the TOS mobile app.
Change all around.
I think you’re going to make that transition just fine, and in the end I think you’re going to end up enjoying it MORE… I’ve used them all
Maybe we can start a campaign to allow some user font changes or typeface changes.. I’m in.
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