I think so. However, the problem is what we (at least most of everybody here) think is not the same with what the market think most of the time.
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Exactly. I expected any number even modestly below 20% to allow WS to manufacture a dip.
EVNow
Well-Known Member
That is not ex-credits, ex-lease. Probably just ex-credits.The media is reporting 19.3%.
Total gaap margin fell from
29.1% Q1 22 to 19.3% Q1 23
Revenue from services is up 44% YoY.
gabeincal
Active Member
I have accepted the outcome mentally. The rule that I set for myself is if I can roll for $2 I keep on doing so. Today it reached that number (ish. I added an extra week for it). If the SP comes down to me, I’ll be happy. If it doesn’t, I’m ready to assign and sell puts at a decent premium because I have waited enough for a large dip at this point. So I’ll give it 5 more weeks and see where that takes us.
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Xepa777
Banned
Congrats everyone, all your CCs in jail are free!
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gabeincal
Active Member
This is in 2 separate accounts and therefore not really a chance to use the entire premium for 1 btc. And I use the income on the cash account so there’s that. I’ll just keep on hoping!
gabeincal
Active Member
When we will see $200 again 
? Our only savior is the FED lowering rates short term.
? Our only savior is the FED lowering rates short term.
The two days after earnings can have some big reversals. I'm hoping for at least 0.1 on 190CC for Friday (on any kind of a mini rise), and maybe 160 Puts. I will try not to sell anything for next week until I see how things shake out Monday after the market has had the weekend to digest things a bit.
EVNow
Well-Known Member
It's not just the ER that drives SP, we'll start getting analyst notes downgrades/upgrades starting tomorrow - that can move SP significantly.
Wondering what will happen to the 165 puts I sold hoping to close today but didn't.
Wondering what will happen to the 165 puts I sold hoping to close today but didn't.
This doesn’t strike me as a snap-back kind of earnings, but stranger things have happened I suppose.
SebastienBonny
Member
Question is, what was priced in?
As these numbers were sort of expected by WS, maybe 180ish is our stop for the end of the week.
Don’t forget we were trading above 200 not so long ago.
Rolled my only open contract 5/12 200 CC to 7/21 220 CC yesterday before close, just to be sure not getting ITM, but not missing a potential SP drop.
Got 8, wouldn’t surprise me seeing 5 today to buy it back.
Then I’m out of open contracts and will see what happens today and tomorrow.
Don't think I've ever seen such a boring outlook for the next quarter in years, if ever. Right now it does not feel like we are breaking past 200 any time soon. Not sure if I'm capitulating but I'm tempted to go @Max Plaid and sell ATM weekly calls on most of my shares and just wheel aggressively if they do get called away.
I don't know if it's the stock performance or the Elon/Twitter drama but I'm feeling less compelled to hold every share with a death grip these days. The memories of the great rallies over the last 10 years are starting to get fuzzier and I just don't see us breaking out of this range anytime soon. What's the next real catalyst? A Fed pause maybe in May, but I'm not sure if that will even make a difference.
I don't know if it's the stock performance or the Elon/Twitter drama but I'm feeling less compelled to hold every share with a death grip these days. The memories of the great rallies over the last 10 years are starting to get fuzzier and I just don't see us breaking out of this range anytime soon. What's the next real catalyst? A Fed pause maybe in May, but I'm not sure if that will even make a difference.
I'm with you but I'll be cautious with the weekly calls when it reaches closer to 160.
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