-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
thenewguy1979
"The" Dog
Based on the team feedbacks I would say very confident, especially from DI003 - our TA expert and Yoona.
However, nothing is certain. I usually just read, ask question, and make my own judgement. Prepare an exit plan.
CONGRATS!! I am 113026xxx, so I guess I might not hear till late next year.
Morning!
Maybe today at open we get a $260 touch/break?
Largest +GEX wall moved up to $262.50
Highest Call OI (potential stall area up) $262.50
Max-Pain moved up to $250
Largest -GEX wall moved up to $252.50
Highest Put OI (potential stall area down) $250.00
Bullish pivot up $261.05
Bearish pivot down $251.29
I set a sell order for $260 on longs in one of my accounts, will take the cash if it hits and watch. If we continue closing candles over $261-$262 I'll likely buy back in. Usually there's a surge at open before it backs off, so let's see if the order fills.
Cary/WS maintains that below $259.12 keeps $231.89 in reach as a 1-2 week objective.
Let the games begin!
Maybe today at open we get a $260 touch/break?
Largest +GEX wall moved up to $262.50
Highest Call OI (potential stall area up) $262.50
Max-Pain moved up to $250
Largest -GEX wall moved up to $252.50
Highest Put OI (potential stall area down) $250.00
Bullish pivot up $261.05
Bearish pivot down $251.29
I set a sell order for $260 on longs in one of my accounts, will take the cash if it hits and watch. If we continue closing candles over $261-$262 I'll likely buy back in. Usually there's a surge at open before it backs off, so let's see if the order fills.
Cary/WS maintains that below $259.12 keeps $231.89 in reach as a 1-2 week objective.
Let the games begin!
Last edited:
I'm glad I was traveling yesterday. Based on the ALGO split in the afternoon, I would have sold shares. We can see it never came together. Is that because it was early in the week, or is P&D FOMO over powering the options pull? Need to be cautious with buying/selling shares based on this data for now until I understand it better.
Edit: It looks like I could have scalped a dollar if I sold shares right after the Algo went straight down hard around 13:44
Edit: It looks like I could have scalped a dollar if I sold shares right after the Algo went straight down hard around 13:44
Last edited:
Adding to ^^^ , OI has increased across all strikes from 240 through 275, less so at 260 which seems to be the dividing line. Going to try again to open 12/29 -c275/+c305 today; wasn't around yesterday morning to take advantage of.
EDIT: at market open +c305 is $0 , have to tighten spread to+c295 +c300...
EDIT: at market open +c305 is $0 , have to tighten spread to
Last edited:
2 year downtrend line is broken at around 262 now, and it is getting lower everyday. I think we break it this week, which could lead to a lot more upside....
QTA levels + various commentary
12/29
12/29
jeewee3000
Active Member
Rolled my 255cc's for this week to 260cc's for next Friday at a credit ($1.18 or so).
Still have some 260cc's open for this Friday.
STO some 250cc's for next Friday at $14.00 when SP was around $260 to hedge against a drop. The goal is not to have these expire worthless, but to repurchase them at a profit should we retrace to say $255 or $250.
Leaving 1/3 of shares "unbound" by cc's to manage positions in case I need to.
Still have some 260cc's open for this Friday.
STO some 250cc's for next Friday at $14.00 when SP was around $260 to hedge against a drop. The goal is not to have these expire worthless, but to repurchase them at a profit should we retrace to say $255 or $250.
Leaving 1/3 of shares "unbound" by cc's to manage positions in case I need to.
How do you use the 1/3 of your shares to manage a losing position? I don't grasp that strategy.
I have the 2-year ATH downtrend at 269.50 today.
Attachments
Similar threads
