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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
EVNow
Well-Known Member
EVNow
Well-Known Member
Hidden secret it turns out is not to get up early and make bad trades ... but wait and do safe trades.
Esp if you have young children and might be woken up a few times at night
thenewguy1979
"The" Dog
It a 2 edge knife. The first 30 minutes are the most volatile and things happen so quickly. Can set the day for a large pump or dump - or a V.
Sometimes I do wish I woke up later so I dont pee myself when the stock dump and panick sell, and 30 minutes later back to normal.
2024 guys - let rock and roll tommorow!!!
Sometimes I do wish I woke up later so I dont pee myself when the stock dump and panick sell, and 30 minutes later back to normal.
2024 guys - let rock and roll tommorow!!!
Bought commons @$246.50 in Roth-IRA account this morning. Will monitor and cut if TSLA continues dropping and re-buy lower.
The event sucked. It was so dark you could barely see the car and they fumbled showing off the details.
A beat on deliveries, but not a blow-out quarter. For people selling both puts and calls - do we know any? 
- this is about as good as it gets.
- this is about as good as it gets.A beat on deliveries, but not a blow-out quarter. For people selling both puts and calls - do we know any?
I have puts open from $245-230 but zero calls. Maybe we go up if the media reports a beat:
So what's the consensus here, are we in a "sell any rip" environment, or are we expecting things to run somewhat into earnings and then perhaps sell off?
Like this?
"Tesla beats fourth-quarter delivery estimates, surpasses 2023 target"
https://www.reuters.com/business/au...quarter-deliveries-beat-estimates-2024-01-02/
That's what I'm trying to figure out. Macros are terrible this morning. 275 is only 10% OTM. Can we get there if general market turns around?
I think numbers are better than expected. tesla meets guidance in such a tough macro year (margin sacrificed) ..
Elon gonna talk about SpaceX/Tesla sometime this week ..
India Gujrat - Jan 12-14th ...
usual CPI/PPI news around mid of mth
bond rates went up and macro starting the new year weak ...
BTC is explosive ... have some MSTR short Call Spreads to manage
I say we go up till earnings ... (+but also depends on macro)
got a bunch of CCs(~ 150) I want to sell around 290-300 ...with exercise is an option ...
before earnings I plan to switch most of the Calls/CC's in this bucket to the wheel ... cheers!!
(+ If MM market makers/manipulators were positioning per analyst(475K) and Troys patreon numbers ... we should expect some trades to be unwound ...
)
Last edited:
SpeedyEddy
Active Member
TSLA NASDAQ.NMS Jan05'24 287.5 CALL
TSLA NASDAQ.NMS Jan05'24 247.5 PUT
TSLA NASDAQ.NMS Jan05'24 210 PUT
TSLA NASDAQ.NMS Feb16'24 245 PUT
All look safe for now, but the 247.5 may turn negative
Expect most sideways from settlement today until ER, so I will make a safe bet at that (on top of the above), by writing for next two weeks 1 to 2 dollar options on the closest strike. And today already, topped with bigger ones for 1/26 on both sides to profit from volatility in either direction (the first SP move, most likely to be countered by second one. So kind of @Max Plaid 's regular play, but now on a shorter timeframe. MA4x still in play, so I will be most careful with -C. Any thoughts on this?
@dl003 wrote last week: "Don't be lured into the bull trap if there's any. Stay defensive until end of January."
He also said he needs to see delivery numbers to opine on direction. Maybe we get an update today ;- )
whew, you mean last week when I told u guys I shorted at the top, called 247 even before the minicrash, and foretold a bounce after P&D? And you want even more?
SpeedyEddy
Active Member
STO
TSLA NASDAQ.NMS Jan05'24 267.5 CALL
TSLA NASDAQ.NMS Jan12'24 280 CALL
TSLA NASDAQ.NMS Jan19'24 290 CALL
TSLA NASDAQ.NMS Jan26'24 295 CALL
for around $1 except the last one, which brought 2.29
[edit] waiting for a significant dip to STO the puts for coming weeks. [/edit]
TSLA NASDAQ.NMS Jan05'24 267.5 CALL
TSLA NASDAQ.NMS Jan12'24 280 CALL
TSLA NASDAQ.NMS Jan19'24 290 CALL
TSLA NASDAQ.NMS Jan26'24 295 CALL
for around $1 except the last one, which brought 2.29
[edit] waiting for a significant dip to STO the puts for coming weeks. [/edit]
EVNow
Well-Known Member
Given a small beat, I expect TSLA to do better than the normal market 2x beta today but follow the market rest of the week.
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