Wiki Selling TSLA Options - Be the House

[Max Plaid]

Super weekly China registrations, and yet TSLA down in pre-market... but recent trend has been green PM, red Main and vice-versa, let's see how this one pans-out

I have a sell for 10x -c240 @$6.1, needs $242 to trigger, here's to a pop at open!

 

[CHGolferJim]

Are we expecting CyberTruck Meeting announcement after-market Friday (Sept. 1) or this weekend?

 

[SpeedyEddy]

Are we expecting CyberTruck Meeting announcement after-market Friday (Sept. 1) or this weekend?

I don't know how long it will take, but from rumors to real happenings it takes a long time, usually much longer than we think. The only thing I can comment that there are a lot of things to avoid when you announce a big one. Most importantly: don't shoot yourself in the foot. (today we are supercharging for free in Europe until 16:00 hours. Not announced, just visible in the app (maybe explaining the PM drop a bit, it wil have a tiny bit of cost-impact of course. Celebrating 10 years of supercharging in Europe.)

 

[Max Plaid]

I don't know how long it will take, but from rumors to real happenings it takes a long time, usually much longer than we think. The only thing I can comment that there are a lot of things to avoid when you announce a big one. Most importantly: don't shoot yourself in the foot. (today we are supercharging for free in Europe until 16:00 hours. Not announced, just visible in the app (maybe explaining the PM drop a bit, it wil have a tiny bit of cost-impact of course. Celebrating 10 years of supercharging in Europe.)

Tesla Europe announced this on Twitter... It's likely to create a lot of goodwill and probably far less than advertising costs

$VFS down 13% in PM, is today the day?

 

[MP3Mike]

Not announced, just visible in the app (maybe explaining the PM drop a bit, it wil have a tiny bit of cost-impact of course. Celebrating 10 years of supercharging in Europe.)

It was announced:

https://twitter.com/x/status/1696417404761559356

 

[SpeedyEddy]

(ok, not announced before happening I mean)
but now: 242 incominggggggg
or is it just another bouncing ceiling

 

[SpeedyEddy]

It was announced:

https://twitter.com/x/status/1696417404761559356

Tesla Europe announced this on Twitter... It's likely to create a lot of goodwill and probably far less than advertising costs

$VFS down 13% in PM, is today the day?

rolled VFS march -C 90 (closed with 6 dollar profit in 1 day) to -C 67.5 and 72.5 for Friday for around 7 dollar premium each, subsequently, ready to roll if necessary.

 

[SpeedyEddy]

three times bouncing off resistance 142 now.. that will make passing 244.50 with at least 50 cents today necessary to keep me believe the rally is still rolling (incoming already ... pfff just closed my 235 - P with a little gain.)

 

[SpeedyEddy]

fasten your seatbelts... here we go...

 

[Max Plaid]

Super weekly China registrations, and yet TSLA down in pre-market... but recent trend has been green PM, red Main and vice-versa, let's see how this one pans-out

I have a sell for 10x -c240 @$6.1, needs $242 to trigger, here's to a pop at open!

Ay, that pop to $263 triggered those, so now holding 10x -240 straddle for this Friday

And still have 35c -c230 in play... So what gives, I wanted to sell 3500 TSLA, but now have 4500 on the table -> first of all we might close the week below 240, so I'll take the premium, thanks, otherwise I'll let the -c240's exercise, pocket an extra $10 per share on those, and see about the -c230's, might let 25x exercise too, and roll 10x up and out, will see where we land later in the week

Now I need GOOGL to $165 to rescue the +c150's I bought at ATH

 

[strago13]

Still holding 9/1 260 CSP from weeks ago that I have rolled x4. Lets hope I dont have to roll them again...

 

[juanmedina]

Premiums are too low for 10% OTM I think I am going to do nothing for now.

 

[rikkert]

You're welcome, I had been sitting on my hands for three weeks and just sold a bunch of $255 weekly calls so it started ripping

 

[SpeedyEddy]

opportunistically when SP crossed $245 : -P 250 for Friday @ 6.58 which I will let run and backstop downside later today with +p245, thus securing without loosing too much premium, kind of day trading

 

[dl003]

What level does TSLA need to break downward to trigger aggressive LEAP call selling for you?

There’s a battle underway this week between the 250 calls and 230 puts

208.56, only if held through Friday or the drop is so violent that it warrants immediate actions.

 

[Cherry Wine]

The potential for some TSLA-specific fundamentals-changing market surprises over the next month or so has made me willing to take a flier on some short term calls. So for now I'm not a call seller but a buyer. GLTA.

Go figure that it wasn’t TSLA-specific news but a macro-level indicator (JOLTS) that rewarded this bet. Right for the wrong reasons.

 

[adiggs]

With the share price going towards $250 so aggressively I decided to roll my 250s expiring this week out. Started checking various new expirations and settled on early October and the $275 strike. I don't like rolling so far, but I was feeling like a 1 or 2 week roll was just going to get run over immediately, maybe even later today.

So I might have given up a month of income. Or I might have earned $25/share over the next month - I'm certainly a lot happier about a $275 sales price if that should come.

 

[intelligator]

Yesterday I opened the put side of an IC, -p210/+p200 for .50 , a few minutes ago I opened the call side at .50 for -c265/+c275 ... can close out the put side now for .05 and reset closer, or just let it ride. In other news, -c225 for this week is probably going to get called. I'll risk by waiting , may roll to next week same strike or better to snag some credit later in the week.

There was a good amount of OI change from yesterday to today, the SP is playing by that book now.

 

[tivoboy]

rolled VFS march -C 90 (closed with 6 dollar profit in 1 day) to -C 67.5 and 72.5 for Friday for around 7 dollar premium each, subsequently, ready to roll if necessary.

What about just selling a call spread. Sell/buy

 

[JusRelax]

Go figure that it wasn’t TSLA-specific news but a macro-level indicator (JOLTS) that rewarded this bet. Right for the wrong reasons.

I had unfortunately just STO 9/1 -250C yesterday. I rolled to 9/1 -255C today for like 140% loss. Better to be right for the wrong reasons, than wrong for the right reasons.