Tivo, are we done with the pain at least temporarily?
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Algo showing $243-244 coming up, though it's been wrong a few times.
Let's see if it hits.
Let's see if it hits.
john tanglewoo
2012 Roadster Owner
Jim apologies if mentioned before, but what is this Algo flow? Where do you get this info?
OK, STO 200x 1/26 -c260
That should encourage a rally... UR welcome!
That should encourage a rally... UR welcome!
thenewguy1979
"The" Dog
It working. We back up. Thanks Max
I don’t think so, this week this movement has 22x written all over it. Maybe not this week, but the term structure for max pain hasn’t changed MUCH..that 1/19/24 OPEX bogey is looming, and a lot of short puts WAY below these levels between now and then. I think MM will want to try and clear some of them, possibly buy shares cheaper at that point, clear sold calls (hopefully, we’re all in THAT boat, right?)
Fed is not going to be helpful in the near term, as I expected they are really putting out the full force “walk back”, we can see it in $DXY strength, yields rising. I think we’ve got some mean reversion to take place there in the next couple weeks. I wouldn’t be surprised to see the 10-yr (I know, I KNOW don’t talk about bonds here) back at 4.20-4.35%. That’ll take a bit of bloom off this rose for sure.
1/5
Does the huge amount of ITM puts imply MM would prefer SP rises so they don't have to pay out the ITM puts (hence MP still @$250)?
Does the huge amount of ITM puts imply MM would prefer SP rises so they don't have to pay out the ITM puts (hence MP still @$250)?
thenewguy1979
"The" Dog
Folks - don't blindly trust Algo. I have been monitoring it for days. Doesn't work reliably.
It wouldn't be that easy else we all gazillionaire.
It wouldn't be that easy else we all gazillionaire.
thenewguy1979
"The" Dog
@DI003 - please share if there's anything new you see with the recent drop.
Are we at the weekly low and now DCB? Or anticipating more pain? Thanks
Are we at the weekly low and now DCB? Or anticipating more pain? Thanks
I think we're already in a DCB. More pain to come later though. Maybe 230 before ER.
SpeedyEddy
Active Member
SpeedyEddy
Active Member
Not oversold on the daily at all, so now we've even broken 237 downward, even very much lower is possible IMHO. Not yet this week though I hope.
First digest this drop. Plan on rolling -P247.5 if not expiring this week.
Closed almost all of the -C that I opened yesterday, because... who does not like to close with 50% profit in a day and be sure it does not fade away on a sudden bounce. A close today -seeming to go- below 237.50 will make me very bearish and even "roll" today, possibly from the ITM -P to an ITM -C
thenewguy1979
"The" Dog
Don't know yet. Still bouncing around. Just need times to digest. Wait 30 minutes and we'll see.....
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