Wiki Selling TSLA Options - Be the House

[elasalle]

Market looks spooked.. or early Memorial weekend?

 

[EVMeister]

Think 173.5 will be the last line in the sand. Break that and low 160s.

It has been broken. Or did you mean closing price?

 

[Yoona]

Something spooked the Market.

On my Rader only NVDA, TSM, and Dell are green. SPY QQQ Macro all red

QQQ bear attack

 

[⚡️ELECTROMAN⚡️]

Sold a 180 call around 180 to try to goose the the stock. Seems to be working. Not sure if I care about rolling it forward or not, but any advice would be taken into consideration. Living dangerously in these dangerous times.

Damn I'm good. I should do this more often. 360 bucks for just a few clicks. Time to quit my day job.

 

[Max Plaid]

Damn I'm good. I should do this more often. 360 bucks for just a few clicks. Time to quit my day job.

This options lark is a piece of cake, eh?

 

[dl003]

It has been broken. Or did you mean closing price?

It's broken. But maybe a bounce first. Probably won't go straight down to low 160s.
Scale out of my put spreads. Will add back in if we get a small bounce here to ~ 178.

 

[thenewguy1979]

Thank dl003z

Closed out some of my 165 puts for some profit. Waiting for it to rebound to buy back in. Small profit at a times.

A few spread left in plays.

 

[Jim Holder]

From SEC filing today:

Robotaxi demo'ed, not "concept unveil":

Hmmm...veiled threat?

https://www.sec.gov/Archives/edgar/data/1318605/000110465924064657/tm2413800d10_defa14a.htm?utm_campaign=investor_relations&utm_content=investor_relations&utm_medium=email&utm_source=operational_trigger&utm_term=quarterlyupdate

 

[Jim Holder]

It's broken. But maybe a bounce first. Probably won't go straight down to low 160s.
Scale out of my put spreads. Will add back in if we get a small bounce here to ~ 178.

Feels like we short next pop again (i.e., add puts/sell FOTM calls, etc) if we get one, planning to as well?

 

[dl003]

Feels like we short next pop again (i.e., add puts/sell FOTM calls, etc) if we get one, planning to as well?

My target is still low 160s so I'll short the next bounce.

 

[StarFoxisDown!]

Time for another fortune cookie.
I see 250 ish by July - August, then back to 170 ish by March 2025. Then up we go.

Man I would be over the moon for this scenario to play out.

Could reload/add to my CC’s in a heavy way this summer now that time decay has really wiped out most of the value of the CC’s I sold back in summer of 2023 since they expire in mid to late 2024 and I would be in a much stronger position in early 2025 to flip to a heavy bullish positioning without taking any risks.

 

[thenewguy1979]

From SEC filing today:

Robotaxi demo'ed, not "concept unveil":

View attachment 1049887


Hmmm...veiled threat?

View attachment 1049888

https://www.sec.gov/Archives/edgar/data/1318605/000110465924064657/tm2413800d10_defa14a.htm?utm_campaign=investor_relations&utm_content=investor_relations&utm_medium=email&utm_source=operational_trigger&utm_term=quarterlyupdate

I dont know. It's becoming too cheesy.......We get it.....but to keep lambasting this.......seem the BOD is begging now.

If our Lord and Savior does not get his package TSLA Future is unknown.....seem to be the message.

 

[dl003]

I dont know. It's becoming too cheesy.......We get it.....but to keep lambasting this.......seem the BOD is begging now.

I don't think it's a big deal. It's pretty obvious, the whole purpose of a SBC package is to incentivize.

My bet is if this vote falls through, they'll work up a brand new proposal and will talk to big money to make sure they'll get enough support to push it through. Simple as that.

 

[MikeC]

I don't think it's a big deal. It's pretty obvious, the whole purpose of a SBC package is to incentivize.

My bet is if this vote falls through, they'll work up a brand new proposal and will talk to big money to make sure they'll get enough support to push it through. Simple as that.

I can only imagine how awkward Elon’s shareholder presentation will be if he gets the official no vote right before it starts.

 

[⚡️ELECTROMAN⚡️]

I dont know. It's becoming too cheesy.......We get it.....but to keep lambasting this.......seem the BOD is begging now.

If our Lord and Savior does not get his package TSLA Future is unknown.....seem to be the message.

Why would he leave. I heard he's barely working there anyway. He's just bluffing. You think Tesla is going to sell him Optimous and all of their AI tech for a good price and let him walk away with it?

 

[thenewguy1979]

On the other side, NVDA broke through and hold above 1030 at closing.
Seem more on the upside to go.

Sold some put to ride the bandwagon till it run out of gas prior to closing......

-1025p exp 6/7

 

[Max Plaid]

On the other side, NVDA broke through and hold above 1030 at closing.
Seem more on the upside to go.

Sold some put to ride the bandwagon till it run out of gas prior to closing......

-1025p exp 6/7

I'm looking to sell weekly $5 premium puts, want to keep them pretty safe as it will correct at some point and $5 per week will recoup the +p900's I bought to safeguard the shares I was put that will be called away tomorrow, my cash balance will be very happy with that!

 

[Jim Holder]

I can only imagine how awkward Elon’s shareholder presentation will be if he gets the official no vote right before it starts.

He’ll pout and stay backstage
(Maybe he’ll grace us with a long and drawn out GFY first…)

 

[Jim Holder]

July is $2.5.. with VIX this low, that seems like a lot of premium for relatively low theta. Something is going on, but haven’t figured it out yet.

May shed a clue what went on today in SPX/SPY:

 

[Jim Holder]

$160.25 in play below $170.99. Above $170.99 can see $179.42 which can be shorted back to $170.99-160.25. A close above $179.42 neutralizes the sell signal and can see $195.44 by end of next week.

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