Wiki Selling TSLA Options - Be the House

[Yoona]

Is this the long lost mythical "free money" strategy that was cracked from SMCI?

Only work for SMCI due to high premium and low volume combo, or NVDA should also work in theory?

i won't touch NVDA options yet until after the split

also, ATH means it's not easy to fib it (upper res is guessing game)

as for SMCI: Wheel + Covered Strangle seems to be the best combo... when NVDA settles down, i will do the same

after many years, i think i finally found what is the the best strategy (for me) according to my comfort zone

for the first time, i have zero stress

income is less, but risks are also reduced

and i finally don't care what happens AH or weekends or MMD games or FUD or CPI or FOMC, really

 

[InTheMiddle]

after many years, i think i finally found what is the the best strategy (for me) according to my comfort zone

Inside the parentheses is a key point - what is best for one person is usually unique to them…there is rarely a universal “best”.

for the first time, i have zero stress

…and this is the *goal*. Too often people think of their goal as a number or milestone or whatever, but this here is a far better articulation of the real goal. Congrats on having achieved it!

 

[DaBooster]

 

[Jim Holder]

https://twitter.com/x/status/1796348193971814459

 

[Jim Holder]

https://twitter.com/x/status/1796355440634474753

 

[Jim Holder]

ISS is out with their recommendations for the TSLA shareholder meeting:

NO on Elon compensation (“was outsized from the start and has failed to meet some of the board’s stated objectives”).
YES on move to TX
YES on Kimbal
NO on Murdoch

Tesla Shareholders Advised by Proxy Adviser to Reject Musk’s Pay Package​

 

[Jim Holder]

OTA software fix

https://twitter.com/x/status/1796479849244336548

 

[Max Plaid]

Hey gang, was out drinking last night and today driving up to Denmark, need to time my next Supercharge so I can trade out of this week's NDVA -p1100 (will roll to same strike for next week) and the TSLA -c170's, -p172.50's & -c180's

Haven't yet decided on next week's strangle strikes, but I note that c180 were paying quite well, light be tempted to be greedy and go for the same 172.50/180, although 182.50 looks like it might be the current top

Hope I don't have to roll the -c170's either... will be easier if PCE is in-line or slightly warm

 

[Jim Holder]

PCE 2.7% YoY, (Est. 2.7%)
PCE 0.3% MoM, (Est. 0.3%)

PCE Core 2.8% YoY, (Est. 2.8%)
PCE Core 0.2% MoM, (Est. 0.3%)

PERSONAL INCOME +0.3%, (Est. 0.3%)
PERSONAL SPENDING +0.2%, (Est. 0.3%)

 

[Yoona]

that's good news, except for the Dell conference call dumpster fire (CEO basically brushed off AI as novelty item)

 

[Patrick66]

that's good news, except for the Dell conference call dumpster fire (CEO basically brushed off AI as novelty item)

He isn't completely wrong, but not the right time to say it.

 

[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]

re-enter for +170/-165P @180 exp 6/7

 

[Jim Holder]

Fire balls

 

[Yoona]

imma thinking of creating pay-to-join discord for small accts ($150k or less)

we'll try to double our money every 2 years or so

large accts need not join i know who you are haha

just a thought

trial discord for small accts after 12 weeks... avg $3,959/wk

test is good, closing the acct

 

[thenewguy1979]

trial discord for small accts after 12 weeks... avg $3,959/wk

test is good, closing the acct

View attachment 1052221

Can dog join .....please...please...please.....

so he can quit his job at Wendy

 

[BornToFly]

Well, Macro is trying to help my 170CCs for today. I will wait until the end of the day when all Theta gone, and then either roll to end of June 180 (for about even), or Jan 2025 240 strike for a credit. I'm just worried that we are 200+ end of June, and then rolling will be very difficult, so I'm leaning to Jan 2025.

 

[elasalle]

Closed my Jan 25 MSTR 300 PUTS for 55% profits.
Sold 3 Jan 26 MSTR 300 for $32 , bit less than bid/ask .. but who cares

Assume 1&1/2 years and that is like .41 cents /week ... let's hope it dies a slow death .... cheers

 

[dl003]

Out of my 6/7 put spreads at 177.