-
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
You are not alone. all Tsla beleivers got into this mesh. How to cash LEAPs, hoe to get out of the CSPs. etcI don’t know. I’m sure @Max Plaid will clarify when he comes back online.
I also have a bunch of bought LEAP calls that are red and getting redder. I thought I was brilliant legging into them on the way down
I'm an idiot since the cash that's tied up in my bought LEAP calls would have provided a cushion for the short puts that are weighing on everything and can bring a maintenance call below $170.
All my LEAP calls need around $235 by April-June to escape, not terribly unlikely. Anything above $235 will be bonus gains.
Okay markets, I'm humbled!
EW update: This bounce could be the fourth of an ED (Ending Diagonal) for (v) of yellow circle iii and try for OML (one more low) before restarting the circle iv bounce. Trigger/confirmation is if it gets much higher than is it now and more likely the new (a) of (a)(b)(c) for circle iv.
Last edited:
Closed 9Feb$210 and $215 yesterday at +85%, and sold 16Feb$205 this AM for a $0.70 net credit.
correct; if there is a cluster/group of similar colors, underlying may move towards them (ie instead of moving to the lone red)
think of the green GROUP as "stronger wifi signal"
Second day, dealer deltas flipping red/negative (bullish):
(Daily chart)
(Daily chart)
Capped @$185 confluence for now. If we can get past it we have a chance to enter the $190's gauntlet this week.
Just got assigned on 10x -p320 06/2025 yesterday, watch out
I would be in the same situation as you, my LEAKS increasing in value had some margin in which I sold puts against, I would be in margin call territory if I did not transfer 450k in my brockerage account laying in CASH.TOI don’t know. I’m sure @Max Plaid will clarify when he comes back online.
I also have a bunch of bought LEAP calls that are red and getting redder. I thought I was brilliant legging into them on the way down
I'm an idiot since the cash that's tied up in my bought LEAP calls would have provided a cushion for the short puts that are weighing on everything and can bring a maintenance call below $170.
All my LEAP calls need around $235 by April-June to escape, not terribly unlikely. Anything above $235 will be bonus gains.
Okay markets, I'm humbled!
Yikes! Thanks for the head's up. Was extrinsic at or close to zero? Also how are you planning to handle the assignment?
There must have been some extrinsic on those, pretty nice for you
Still new to this, so why are they assigning shares when there's like a over a year worth of time left?
Extrinsic is more important than DTE when it comes to assignment. The risk of assignment is high if extrinsic falls below $1 and certainly as it nears $0.00. Also we don't know what price the person sold the put for and their personal finances/decisions. They are in the driver seat to exercise.
https://www.projectfinance.com/exercise-assignment-explained/
they might have been the long leg of a put spread whose short leg was assigned to the original holder, and the broker subsequently auto-exercised the long leg to prevent the account holder from a margin call / forced liquidation
Managed to escape some red bought calls at morning high around $186.00 and also scalped a few CC's on the inevitable fade.
Also:
BTO 10x +C200 3/1 @2.45 (in case we see a try at $190's this week)
BTO 20x +P150 3/15 @1.30 (for peace of mind)
Lousy going lately income-wise, though the order of the day is to protect and preserve what we have. When things turn back up the rest will follow.
Also:
BTO 10x +C200 3/1 @2.45 (in case we see a try at $190's this week)
BTO 20x +P150 3/15 @1.30 (for peace of mind)
Lousy going lately income-wise, though the order of the day is to protect and preserve what we have. When things turn back up the rest will follow.
Last edited:
Similar threads
