I just need Yoona to manage my account for me....
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
This is what is keeping me away from CCs at the moment.
P1 (most positive +GEX) and absGEX is back up at $262.50, usually market floats toward it.
thenewguy1979
"The" Dog
Made $100 this morning for kibble. Not doing anything yet. Anticipating green day Macro-wise tomorrows.
A hard dump like today maybe a prelude to a big pump tomorrow, which I already loaded in on some QQQ longs using that $100. Free play.
Just 90m in and Market crap its pant hard already.
A hard dump like today maybe a prelude to a big pump tomorrow, which I already loaded in on some QQQ longs using that $100. Free play.
Just 90m in and Market crap its pant hard already.
That's a risky bet by your usual standards
For my side, resold those calls I bought earlier, but added to my existing position: STO 100x 1/26 -c270 @$6.3
Anyway, already up $10500 realised for the year
thenewguy1979
"The" Dog
The day is still long. Just 2hrs in with 5 more to go.
Macro wise I do see a slow recovery.....that may help push Tesla up since PD was good (not great).
edit - you can smell the overall sentiment is bearish when everyone and their mom is selling Calls and staying away from Puts
Macro wise I do see a slow recovery.....that may help push Tesla up since PD was good (not great).
edit - you can smell the overall sentiment is bearish when everyone and their mom is selling Calls and staying away from Puts
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For Dog's sake, don't use me as any kind of indicator!!The day is still long. Just 2hrs in with 5 more to go.
Macro wise I do see a slow recovery.....that may help push Tesla up since PD was good (not great).
edit - you can smell the overall sentiment is bearish when everyone and their mom is selling Calls and staying away from Puts
In the case of the -c270's I wrote, don't forget I'm looking to offload LEAPS at that price point, plus I'm writing against March +c280's, which will need to be sold anyway at some point before they lose all their value
So I am taking more risk than others, but on the other hand, $270 seems very distance for the moment
Dark Pool buy/sale, she attached chart related to that.
I think the Ship had only about 6.5k cars on it, still 10k would be off from 500K
There is not a lot of premium to take much of a -CC position this month or next. My feeling is, MM feel that we’ll most likely be lower again soon, or after Earnings 1/24.That's a risky bet by your usual standards
For my side, resold those calls I bought earlier, but added to my existing position: STO 100x 1/26 -c270 @$6.3
Anyway, already up $10500 realised for the year
quite a large rotation out of winners from last year, into healthcare, drugs, consumer, $DXY down hard (mostly due to global geo-pol, it’s certainly not what the treasury wanted today), “mag 7” seeing a lot of rotating out, or at least position trimming. I have Feb -CC against most of all of them and this is the lowest they have been.
TSLA ’meeting’ was more of a “whew” than a “woohoo!”.. What would be really interesting in the near term would be to see M3 Highland show up by EOQ, or announced to be domestic USA/NA sale by EOQ1’24, AND maybe they could get battery tech to support the $7500 tax credit back. That would allow them to bring price for Tesla back up to something more aligned with it’s value, vs. what the market was willing to pay for it - the M3 I mean.
Good points!
How are you positioned for Jan-Mar, are you making any adjustments today?
More leverage is only good if thing move in the correct direction...
In the bad case:
Shares -> DITM calls
Stock drops
Calls DOTM, value destroyed and they are sold/ expired worthless
Stock rebounds, but you have less of it
dc_h
Active Member
I rolled C270 to Jan 12 275 for $.83. I'm ok selling and rolling the wheel at 275. I don't see any shocking fundementals coming out in the next week. I'll probably sell more c280 if we move to 255.
john tanglewoo
2012 Roadster Owner
For the experienced rollers out there, any advice on these positions, especially the Jan 250s? They are about double what I paid for them. I did anticipate having to roll, just not sure to where.
Guess i'm looking at July 350 @ 9.70, or Sept 380 at 10? Or be more conservative and play it closer?
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