jeewee3000
Active Member
Kind words that reflect my personal feelings.As a complete aside; discovering this thread has been the single best thing to happen to me this month. I've been really mentally out of it being stuck in these CC, conflicting feelings of happiness to see tsla surge, while being incredibly sad about it too. Wondering if this is how bitter TSLAQ people are made! Just haven't been myself. This community has been so incredibly knowledgeable & helpful... and hearing other stories has been so therapeutic.
This thread is where I spend 95% of my time at TMC. The main thread adds a lot less value and is kind of a hostile environment for those not merely HODLing.
Also the valuable information to noise ratio is way higher over here. Sometimes even the greatest contributors in this thread keep their mouths shut for days since they don't have anything to add, instead of the constant need to be heard/read by others. Thanks to all for keeping it this way.
In other news, just thought of an ultimate escape for deep ITM cc's:
1) sell a deep ITM put LEAP (e.g. JAN2024 -2000p @1,017.05 right now)
2) use premium to buy back the cc's bugging you
3) wait for the stock split
4) IF SP not at $2000 by then, roll for credit, IF it is, then you're in the clear
Basically a roll of mulitple cc's into one cash secured put.
Only necessary ingredient is cash. That's the lesson I've been learning the last few months: cash truly is king. At first I always thought cash is a wasted resource not providing any gains, but cash has so many uses it is (IMO) an essential part of a traders portfolio.
Not advice of course.