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I sold an 800c for $1.91 this morning and bought to close for $4.11 five minutes before the market closed. Could have been a lot worse if we didn't pull back from the session highs, so I was okay taking the loss. Didn't want to chase the underlying if the rally continues tomorrow. Good luck!So yeah, I got run over today with my 800ccs.
But I haven't closed or rolled them (yet). Odds are decent we finish the trading week tomorrow below 800.
As I DCA'd the writing of the cc's, I'm not in terrible shape. Just slightly terrible. Curious about tomorrows price action, that's for sure.
Don't tell anyone I leaked it to save my 800cc's.Interesting new “email leak” comes out on Friday morning. I’m sure it’s all just a coincidence .
Before you do anything with your positions make sure you check out the nightly videos/tweets from Cory, Wifey and all the TA expertsWow this stock is really hard to trade right now. I sold 880cc for next week way to early yesterday and was over 100% down and I was worried lol. Thanks Elon..?.
Yeah I can't imagine this stock dropping below 700 on a week like this, on news as flimsy as this. End of day could push 800 again easily.Might be a good day to buy some lottos. Elon will chime in at some point on Twitter unless he wants to keep the employees guessing.
Might be a good day to buy some lottos. Elon will chime in at some point on Twitter unless he wants to keep the employees guessing.
Again, can we not clutter this already cluttered options thread with Twitter posts? These kinds of posts are barely on topic in the main thread.Damn so Elon single handedly killed the rally? Btw check out this tweet from 2 days ago:
View attachment 812104
I think this is related.Again, can we not clutter this already cluttered options thread with Twitter posts? These kinds of posts are barely on topic in the main thread.
We've all gotten in the bad habit of posting "this is how the markets going" posts in here. This thread is for specific not advice for the drowning weekly options trader!
Those 680's are fine. I'd only start to think of managing this position if we go sub $700.This drop isn't about inflation, jobs reports, interest rates, cutting jobs at Tesla, etc.. It's all because I wrote a bunch of +590/-680 BPS yesterday and the MMs want to be sure I'm punished and never do it again....