Wiki Selling TSLA Options - Be the House

[DaBooster]

TSLA max-pain dropped to $177.50 this morning from $180 yesterday, fwiw………

Looks like still 180 for 5-24 but 177.50 for 5-31

TSLA: Tesla, Inc. Option Charts by Expiry | OptionCharts.io

View comprehensive TSLA: Tesla, Inc. options charts for volume, open interest, implied volatility, and max pain by expiration date.

optioncharts.io

 

[CHGolferJim]

Looks like still 180 for 5-24 but 177.50 for 5-31

TSLA: Tesla, Inc. Option Charts by Expiry | OptionCharts.io

View comprehensive TSLA: Tesla, Inc. options charts for volume, open interest, implied volatility, and max pain by expiration date.

optioncharts.io

https://maximum-pain.com/options/Tsla reports $177.50 for tomorrow and $175 for 5/31 — which is better?

 

[mrmage]

Correct. But the question was OVER the next five years, not IN five years

They past is no prediction of the future, but since 2019, tsla 10x up, 75% down, EM bought twitter, a global pandemic locked most people inside for a couple years, and a chatbot passed the Turing test.

Not one person guessed any of that in 2019, and you want to know what's in store over the next 5? I'll have to ask chatgpt.

 

[DaBooster]

Stock Option Max Pain reports $177.50 for tomorrow and $175 for 5/31 — which is better?

Apparently option charts are a bit sleepy this morning,they have now updated to 177.50.

Thank you

 

[dl003]

Is that pure TA or do you see any catalyst between now and the 7th?

Why? Just because the chart? Q2 is not shaping well and there is too much Elon drama. I was hopping to be mind blown by the latest FSD and after getting the update it is still making some ridiculous mistakes. My drive is 15 minutes to work and I have to disengage twice. I though the issue will auto correct within a few days of disengaging at the same spot but is still doing the same mistakes. Maybe Tesla is indeed ahead of others but when will it really payout? It seems that the vehicle thesis is shot, the energy thesis is still unknow and the FSD thesis is a gamble.

https://twitter.com/x/status/1793549358597886004

Just TA. I dont do news or catalysts.

 

[thenewguy1979]

Market is on fire premarket….Tesla Mooning

 

[Jim Holder]

For the SPY/SPX traders, what do you make of this update from the EW guys:

"The futures are taking us to our target this morning, but I am going to caution yet again, PLEASE do not begin shorting aggressively until we see a 5-wave decline that breaks support. In fact, most of you would likely want to wait for the bigger 1-2 set up before you begin that process. As for now, I still remain quite cautious."

 

[dl003]

taking this opportunity to buy more put spreads exp 6/7.

 

[Jim Holder]

 

[OptionsGrinder]

Update: Well, life got in the way yesterday as I had to tend to some family things, so was away from my desk the last 3 hours of the day.. ugh! TSLA did reach $187 daily supply, but I missed that opportunity to sell CC’s into that supply.. With some profit taking underway, I decided to salvage some premium — At the open this morning I sold $192.5 -CC’s for $0.55 in premium

BTC $192.50 -cc @ 0.12, not worth hanging on for the remaining premium and will reassess whether there is any other opportunity to sell this week, or wait until next week

 

[Jim Holder]

 

[OptionsGrinder]

BTC $192.50 -cc @ 0.12, not worth hanging on for the remaining premium and will reassess whether there is any other opportunity to sell this week, or wait until next week

Re-sold $185 -cc on the break of $178 showing weakness on the 2030 sales goal news, for $0.42 premium

 

[Jim Holder]

 

[Knightshade]

BTC all the -190cs sold Monday at ~75% profit after they were hilariously red on Tuesday

 

[dl003]

taking this opportunity to buy more put spreads exp 6/7.

 

[thenewguy1979]

NVDA Wow

View attachment 1049816

May 31st - we going drop to 165 by then?

 

[dl003]

NVDA Wow

May 31st - we going drop to 165 by then?

the direction I think is down. Will get out when it stops dropping. I think it will be lower than 167.8. low 160s is ideal. By EOW next week? Maybe. Maybe not. Once you got your entry right, just wait for the ideal exit. Levels are just suggestions.

 

[Jim Holder]

Bought above ask:
If Red dominates - Aggressive put buying=Bearish
If Green dominates - Aggressive call buying=Bullish

Bought on ask:
If Red dominates - Put buying=Bearish
If Green dominates - Call buying=Bullish

Midmarket:
If Red dominates - Put buying=Unknown if Buy or Sell
If Green dominates - Call buying=Unknown if Buy or Sell

Sold on bid line:
If Red dominates - Put selling=Bullish
If Green dominates - Call selling=Bearish

Sold below bid:
If Red dominates - Aggressive Put selling=Bullish
If Green dominates - Aggressive Call selling=Bearish

 

[thenewguy1979]

joining the fun

 

[Yoona]

View attachment 1049820


Bought above ask:
If Red dominates - Aggressive put buying=Bearish
If Green dominates - Aggressive call buying=Bullish

Bought on ask:
If Red dominates - Put buying=Bearish
If Green dominates - Call buying=Bullish

Midmarket:
If Red dominates - Put buying=Neutral
If Green dominates - Call buying=Neutral

Sold on bid line:
If Red dominates - Put selling=Bullish
If Green dominates - Call selling=Bearish

Sold below bid:
If Red dominates - Aggressive Put selling=Bullish
If Green dominates - Aggressive Call selling=Bearish

uhmmm

Midmarket:
If Red dominates - Put buying=Neutral Put - Unknown if Buy or Sell
If Green dominates - Call buying=Neutral Call - Unknown if Buy or Sell