Wiki Selling TSLA Options - Be the House

[CHGolferJim]

TSLA240614C170

I need to manage these CCs I have been rolling for 2 months now

Not sure if I roll to same strike or try to improve it

Lower BB is $171 as of this morning (per Papafox), and has been extraordinarily stable the past few weeks, so typically SP would not go much lower in the short-term for very long. Not sure if the “typical” applies to the range of possible reactions to 6/13 meeting though. It sure does seem like SP will dip below $170 at some point in the P&D to ER timeframe (ref: dl003, TiVoboy, MaxPlaid, etc.)

 

[Yoona]

i think S&P Weekly + S&P Monthly + NAAIM + DJIA Weekly + NASDAQ Weekly + NASDAQ Monthly are all almost at their channel peaks, will rise some more and then get correction soon

View attachment 1047717

almost there at channel res, unless it breaks upward

 

[BornToFly]

Well, I definitely bought those 200C for Friday way too early. Didn't think we would have another Red day after yesterday, going into the meeting on Thursday. Hopefully FOMC comes to the rescue tomorrow....

 

[Jim Holder]

The drop from 180 doesn't look like the beginning of a crash, so right now playing the wedge is the only play.

We're at the bottom so I expect a bounce.

Close some -p at the top and add some -c. When it finally break out or down, it will act completely different than the last 2 days.

Ugh...no bounce

 

[Jim Holder]

Closed 90% of CC's down here
Ready to STO again if we lose 167 with volume

 

[TexasGator]

used this opportunity to close out all the -C182.5 and -C185s for this week, for roughly 65% gains - thinking about buying some chitcalls as this just smells like the old days

 

[thenewguy1979]

Ugh...no bounce

dl003 mentioned he prefer SP to retraced to mid 160 before rocketed back. Perhaps this is "better" for entering Thursday?
We almost there.

Long Call are getting cheaper now....

 

[thenewguy1979]

Told Elon not to messed with the big Apple. Guy just don't listen.

 

[bubb]

Of COURSE it had to be this morning (after watching paint dry for weeks) that Schwab gives us this display of their technical acumen

 

[tivoboy]

Of COURSE it had to be this morning (after watching paint dry for weeks) that Schwab gives us this display of their technical acumen

Sure would like to close some TSLA -CC today, or close some AAPL +C. Harumph.

 

[Jim Holder]

 

[Patrick66]

Long Call are getting cheaper now....

Put an order in for +C200 6/21 for shits and giggles.

 

[thenewguy1979]

Put an order in for +C200 6/21 for shits and giggles

Yep great "discount" this morning 50% off from yesterday.

 

[tivoboy]

Can't you just call in the orders or do that via the website or something?

Website login doesn’t work either.. their authentication servers seem to be borked. Offline, or something else.

 

[thenewguy1979]

@tivoboy nailed it for AAPL. You're the man professor.

Guess people need times to digest the events.....

 

[elasalle]

OK FED is rattling market ...

STO 1 170 Dec 24 PUT for 22.8. .. nibble nibble (with CC monies ...)

 

[juanmedina]

Told Elon not to messed with the big Apple. Guy just don't listen.

View attachment 1055435

Oh great. I sold my Apple at $186

 

[Surfer of Life]

FYI,TOS working perfectly the last few hours in Virginia. Must be a regional issue.

 

[phantasms]

FYI,TOS working perfectly the last few hours in Virginia. Must be a regional issue.

Same for me here in NH....though I have been logged in since last night.

 

[Jim Holder]

Website login doesn’t work either.. their authentication servers seem to be borked. Offline, or something else.

Schwab TOS app and TOS desktop working for me FWIW