Wiki Selling TSLA Options - Be the House

[Yoona]

does anyone know if it appears that someone is still selling? (ie volume pattern compared to last 3 days)

 

[doddiozil]

does anyone know if it appears that someone is still selling? (ie volume pattern compared to last 3 days)

Looks like he is selling today... He also hasn't tweeted or liked anything on twitter regarding Tesla which will be the case until he is done selling

 

[bingoz]

Looks like he is selling today... He also hasn't tweeted or liked anything on twitter regarding Tesla which will be the case until he is done selling

I feel the same. We're still heading south while the indexes still have bounce here and there.

 

[intelligator]

Just wanted to remind everybody of this observation. Absolutely not trying to brag. While this signal has worked out 100% of the time since I've started tracking it, I tend to not make a big deal out of it due to my timid nature. However, if you're overleveraged and see me saying things like this, please be aware that the risk is very real.

In all 4 of these instances: late February 2021, early June 2022, August 26th 2022 and November 4th, 2022, TSLA proceeded to lose 15%+ in a matter of days.

If I hold the protective long put of the assigned bps, i can gain a few points on the way down. I decided to also hold the shares on margin until we rebound some. Am i wrong,? Kind of nuts but also feeling better now that this one isn't overhangs.

 

[juanmedina]

This is crazy... tomorrow the CPI. This is getting way too ugly really fast.

 

[strago13]

This is crazy... tomorrow the CPI. This is getting way too ugly really fast.

Getting? it has been that way since Sep 20th when we were at 310.

I get this is a volatile stock, but holy *sugar*, this is insane. I bought a metric *sugar* ton of shares 2+ years ago at 190 and those are now underwater.

 

[dc_h]

I bought my first shares under $2.00 a share, but so much is self inflicted. Hope he is done soon. If we go past $183, is there any support at all?

 

[juanmedina]

Getting? it has been that way since Sep 20th when we were at 310.

I get this is a volatile stock, but holy *sugar*, this is insane. I bought a metric *sugar* ton of shares 2+ years ago at 190 and those are now underwater.

From $1230 to almost $540 it is crazy.

 

[strago13]

The only thing green in my portfolio are my *sugar* puts I bought....

 

[JustMe]

The selling is heavy and relentless today. This feels like “get it done by the end of today” kind of action plus shorts piling on.

I am vexed

Hang in there folks

 

[Cherry Wine]

i am tempted STO 11/11 -p190 4DTE, save meeeeeeeeee

Did you open these?

 

[juanmedina]

It is funny that some people keep lowering their buying target. Now they are at $160-150. Chicken
Genius was right all along and he is already right in my mind; his target is $140. I hope they all miss out on this chance. We are down 55% for year I am going to watch some Seinfeld. Good luck everyone.

 

[phantasms]

Picked up a Jan 25 $300 for $36. Hopefully I have the strength to hold it on the bounce [it's coming right? Right?!?!] and not simply trade it.

 

[phantasms]

It is funny that some people keep lowering their buying target. Now they are at $160-150. Chicken
Genius was right all along and he is already right in my mind; his target is $140. I hope they all miss out on this chance. We are down 55% for year I am going to watch some Seinfeld. Good luck everyone.

I'm watching Margin Call right now. Not joking. It's making me feel a little better.

 

[JustMe]

It is funny that some people keep lowering their buying target. Now they are at $160-150. Chicken
Genius was right all along and he is already right in my mind; his target is $140. I hope they all miss out on this chance. We are down 55% for year I am going to watch some Seinfeld. Good luck everyone.

Good choice. Imagine Kramer and George trading TSLA on a day like this. Ha

 

[mongo]

Picked up a Jan 25th $300 for $36. Hopefully I have the strength to hold it on the bounce [it's coming right? Right?!?!] and not simply trade it.

Jan 2025?

 

[phantasms]

Jan 2025?

Yes TESLA INC CALL 01/17/25 $300.00 $36 x 100


edit: bank is in all caps...not me. lol

 

[strago13]

Any other margin management techniques people can recommend?

I have JUN2024 366 Puts

I bought a bunch of *sugar* puts, although I should have bought more...
I have some extra cash to pull over but its my emergency stash
I can sell covered calls

Anything else I can do?

 

[mongo]

Yes TESLA INC CALL 01/17/25 $300.00 $36 x 100


edit: bank is in all caps...not me. lol

Yeah, '25 not 25th

 

[phantasms]

Yeah, '25 not 25th

Thank you. I'll edit. lol