Wiki Selling TSLA Options - Be the House

[Patrick66]

Personally, I view the stock option ruling with pure optimism. I think it gives enough of a push for Elon that it goes in one direction or the other, but either way it eliminates the current stasis. He has likely been expecting this outcome, which is why his whole 25% game has come up.

It will also place more scrutiny on the Board to make sure the incentive plan is not grossly lopsided in any form.

And if Elon thinks it is a pill not worth swallowing and takes his ball home then the company moves on.

 

[MikeC]

There's only 3 immediate things that can drive the SP lower IMO:

1. FOMC no tax cut in March (will know today)
2. Price Cut in USA (will know perhaps Thursday)
3. Elon ranting and resigning (far-fetched)

Else, all indication is bullish....

Won’t they wait until March to decide if there’s a tax cut in March?

 

[thenewguy1979]

trying hard to go green.

 

[thenewguy1979]

Won’t they wait until March to decide if there’s a tax cut in March?

They may tried to lower expectation of a tax cut in March since the economy is pumping so well lately. Temping down the expectation.

 

[thenewguy1979]

@tivoboy welcome back !!!

 

[BornToFly]

I did half now for 202.5 for 0.37
I will do the other half after FOMC

(Now we are Green)

I'm a better contra-indicator than Cramer....

 

[Jim Holder]

STO 10x -C210 2/16 @1.75
For scalp

 

[Jim Holder]

STO 10x -C210 2/16 @1.75
For scalp

BTC $1.55

 

[thenewguy1979]

Still holding strong after FOMC. Waiting for big boy Powell to talk.....

 

[BornToFly]

Sold the rest of my CCs.
202.5 for Friday.

Didn't seem to be much of a reaction to the Fed Rate staying the same....

 

[thenewguy1979]

Sold the rest of my CCs.
202.5 for Friday.

Didn't seem to be much of a reaction to the Fed Rate staying the same....

Usually the biggest movement occurred when Powell give his speech in 20minutes.

 

[BornToFly]

Usually the biggest movement occurred when Powell give his speech in 20minutes.

It's usually down....

 

[BornToFly]

I also sold 200X +155/-175 for Friday.

Edit: Probably should have waited and done 150/170

 

[Right_Said_Fred]

Has anyone ever looked when option premiums are at their highest and their lowest during the trading day? When buying a straddle or strangle you would want the premium to be low, when selling a straddle or strangle you would want it to be high. Is there a golden rule about the best time during the day to sell and the best time during the day to buy? (if the stock price is not an issue).

 

[Jim Holder]

Has anyone ever looked when option premiums are at their highest and their lowest during the trading day? When buying a straddle or strangle you would want the premium to be low, when selling a straddle or strangle you would want it to be high. Is there a golden rule about the best time during the day to sell and the best time during the day to buy? (if the stock price is not an issue).

For me I found with TSLA the opening 5–10 minutes/closing 5-10 minutes and mid-day surges pop IV. I have best luck often at 3:58-3:59 squeezing out more for sold options.

 

[saniflash]

Has anyone ever looked when option premiums are at their highest and their lowest during the trading day? When buying a straddle or strangle you would want the premium to be low, when selling a straddle or strangle you would want it to be high. Is there a golden rule about the best time during the day to sell and the best time during the day to buy? (if the stock price is not an issue).

yes. on average, IV is the highest in the first 15minutes of trading and then declines as the trading day progresses, only to spike in the minutes prior to close. My analysis was done using ATM call options, dynamically adjusted for the underlying price each second; closest expiration; timeframe 2012-06-11 through 2023-12-29; normalized against the IV in the first trading second of the day; using the midpoint of the options quote

IQR 5th-95th percentile:

 

[DaBooster]

For me I found with TSLA the opening 5–10 minutes/closing 5-10 minutes and mid-day surges pop IV. I have best luck often at 3:58-3:59 squeezing out more for sold options.

Wiki - Selling TSLA Options - Be the House

Thank Yoona and the team for keeping the forum active and educated. My dog guess for next week 235-255? Why? The ceiling this week was 265 and the fallback was steep. 260 seem to be the wall afterward as prior week. 235 was based on hive sentiment. 255 since dog dont see why we are going pump...

teslamotorsclub.com

 

[Yoona]

Has anyone ever looked when option premiums are at their highest and their lowest during the trading day? When buying a straddle or strangle you would want the premium to be low, when selling a straddle or strangle you would want it to be high. Is there a golden rule about the best time during the day to sell and the best time during the day to buy? (if the stock price is not an issue).

 

[BornToFly]

Sold the rest of my CCs.
202.5 for Friday.

Didn't seem to be much of a reaction to the Fed Rate staying the same....

SP shoots up to 193.5....

 

[Jim Holder]

What’s up with the $193-$189 haircut the past few min? Perhaps market sympathy dump.