Wiki Selling TSLA Options - Be the House

[Jim Holder]

https://twitter.com/x/status/1807505002421973156

 

[StarFoxisDown!]

https://twitter.com/x/status/1807505002421973156

Really don’t get the point of even making a prediction based on whatever tomorrow trading action does when major data/news catalyst is literally going to come out before the market opens on Tuesday

Also saying it struggled on Friday without taking in to account that the macro’s sold off and there was clear intent to get the stock back under 200 because of max pain is a bit dubious. And the stock managed to stay positive even as the macros sold off at the last min

 

[Jim Holder]

Really don’t get the point of even making a prediction based on whatever tomorrow trading action does when major data/news catalyst is literally going to come out before the market opens on Tuesday

Also saying it struggled on Friday without taking into account that the macro’s sold off and there was clear intent to get the stock back under 200 because of max pain is a bit dubious. And the stock managed to stay positive even as the macros sold off at the last min

100%

IMO it's less a prediction and more providing ranges/probabilities. I found them helpful to put on the chart, along with other indications. Gives a helpful framework.

Like this one from QTA this past Friday (gray zone for top and bottom probability, turned out to be quite accurate:

 

[StarFoxisDown!]

100%

IMO it's less a prediction and more providing ranges/probabilities. I found them helpful to put on the chart, along with other indications. Gives a helpful framework.

Like this one from QTA this past Friday (gray zone for top and bottom probability, turned out to be quite accurate:

View attachment 1061146

Yes but that was a week without a major data update. If the data update is either very bullish or very bearish, there’s no real technical analysis to be done

But if someone gets something useful from that technical analysis, more power to them

 

[Jim Holder]

Yes but that was a week without a major data update. If the data update is either very bullish or very bearish, there’s no real technical analysis to be done

dunno.

Many traders block out news and strictly follow the chart, saying that the news ultimately shows up in the chart (and it does!). So in Cary's case, he's saying the chart can go to ~$210 (same as P&D is a beat/good) or ~$180's (same as P&D is a miss/bad) as a framework just using the chart alone vs. news headlines. TLDR: News shows up in the chart regardless. I guess it's a point of argument on both sides and maybe the truth is somewhere in the middle.