Wiki Selling TSLA Options - Be the House

[thenewguy1979]

I choose the safer path. closed out all my shorts. waiting for it to pullback then ride the upside.

 

[dl003]

I think he was asking if the trip to 160 is still on per @dl003

The trip to 500+ was on my mind when I predicted we would see 170-150 @250 last year. Different timeframes. You cannot let a multi year read dictate what you do today, and today Im still betting on low 160s first

 

[BornToFly]

We already knew Tesla was going to bring FSD to China. My 170CCs are hoping this was just a pre-market bump that corrects during the day today and tomorrow....

 

[Jim Holder]

The trip to 500+ was on my mind when I predicted we would see 170-150 @250 last year. Different timeframes. You cannot let a multi year read dictate what you do today

Here we are dealing with the next 3-5 days to weeks ;- )
Are you still seeing for the $160 this week or next?

 

[Jim Holder]

How to read Contract Trade Statistics

Bearish
First line - Red dominates
Second line - Red dominates
[Third line - Ignore]
Fourth line - Green dominates
Fifth line - Green dominates

Bullish
First line - Green dominates
Second line - Green dominates
[Third line - Ignore]
Fourth line - Red dominates
Fifth line - Red dominates

 

[Jim Holder]

 

[thenewguy1979]

TSLA on fired today (so far). It may be green for more days before red. Trade wisely.

if PCE come in cold it will continue to go up IMO. Chances are high based on last CPI.

Offload all my TSLA Put Spread at open. I'm too chicken to hold onto them.
Riding my NVDA sold Puts for now. Be safe. Be nimble....good luck guys and gals...

 

[InTheMiddle]

BTO 200x TSLA240614P180 and BTO 200x TSLA240628P180. Let’s see how June goes (or at least, how this week goes…nothing wrong with exiting early to lock in a small gain either).

Taking advantage of the morning pop to double up on this, just for fun.

 

[Jim Holder]

 

[elasalle]

We already knew Tesla was going to bring FSD to China. My 170CCs are hoping this was just a pre-market bump that corrects during the day today and tomorrow....

We knew, but the market and bots need some reminding from time to time

 

[Jim Holder]

Dealers will help to $187.50 if market goes there:

 

[Jim Holder]

 

[BornToFly]

I'm thinking of throwing in the towel on my 170CC and just rolling them up and out to Jan 2025 240 strike (which is the price I paid for those shares).

 

[joh01652]

Nothing-burger in terms of financials, IMO, but positive news nevertheless

I'm not so sure about that. China is a big market for Tesla. I don't know anything about the Chinese consumer, but FSD may prove to be very popular there, more popular than here in the states. In any event approval will have a greater than $0 impact on Tesla's financials. Every little bit helps...

We'll see.

 

[BornToFly]

OK market. Now would be a good time to start the old TSLA fade....

(Begging for a friend)

 

[Jim Holder]

QTA level FTW again so far today:

 

[Jim Holder]

https://twitter.com/x/status/1796183182603088068

 

[ZenMan]

I'm thinking of throwing in the towel on my 170CC and just rolling them up and out to Jan 2025 240 strike (which is the price I paid for those shares).

Do you have any margin available? You could roll up and out your -170C a week with a -175C and a -175P for $0. I think $175 being in the middle of our current $170 to $182 range is very manageable. Although the Bollinger bands are compressing which usually indicates a big move one way or the other is coming soon. Will it be next week or the week of the shareholder vote?

 

[OptionsGrinder]

I

Dealers will help to $187.50 if market goes there:

View attachment 1051892

looks more like $185 to me, what am I missing?

 

[BornToFly]

Do you have any margin available? You could roll up and out your -170C a week with a -175C and a -175P for $0. I think $175 being in the middle of our current $170 to $182 range is very manageable. Although the Bollinger bands are compressing which usually indicates a big move one way or the other is coming soon. Will it be next week or the week of the shareholder vote?

My gut feeling is that TSLA goes up after the Shareholder meeting, even if the vote goes against Elon (because of other good news at the meeting). Between FSD and CT ramp, and possibly new Model Y, I think TSLA goes up from here. So I'm trying to get out of all my ITM CCs before then.