Wiki Selling TSLA Options - Be the House

[Jim Holder]

@Yoona

Thought you'd enjoy this:

 

[Yoona]

 

[SAPharmD]

May be protected by the $200 green bar to the left for now:

View attachment 1022934

Max pain for this Friday is $195?

 

[Jim Holder]

Max pain for this Friday is $195?

Max-Pain
3/1: 195
3/8: 200
3/15: 195
3/22: 185
3/28: 195
4/5: 195
4/19: 205
5/17: 200

 

[DaBooster]

Max pain for this Friday is $195?

can change in the morning

 

[dl003]

It's been shown that almost all of the time, the first rate cut is associated with impending recession/recession already started as the Fed (throughout history) is always too late to cut.

Having said that, if we are in a true goldilocks scenario (which a lot of data shows we are), then this time could be different. I actually wouldn't be surprised if the market sells off in March because the Fed does NOT cut rates.

Market has already priced in a mere 2% odd of a March cut. No cut is the default scenario. A pullback is due and it wont be because of a no cut fomc.

 

[dl003]

Seems I may have called the decline a bit too early yesterday. May take a few more days for the hopium to wear off. May see 210-215. 195 will still be revisited. This last stage of the recovery always brings about a certain degree of irrationality.

 

[Jim Holder]

Seems I may have called the decline a bit too early yesterday. May take a few more days for the hopium to wear off. May see 210-215. 195 will still be revisited. This last stage of the recovery always brings about a certain degree of irrationality.

Wow! That means busting through the $206-$209 hard resistance and not selling into the strength. That’s a big change and difficult to trade. Any suggestions how you plan to handle it?

 

[dl003]

Wow! That means busting through the $206-$209 hard resistance and not selling into the strength. That’s a big change and difficult to trade. Any suggestions how you plan to handle it?

I can hardly call it "busting" through. Will load cheap 190/185 put spreads exp 3/22.

 

[Jim Holder]

I can hardly call it "busting" through. Will load cheap 190/185 put spreads exp 3/22.

Well if we may see $210-$215 means it busted through, no?

Are we selling the pop or waiting to see if it closes above $210?

 

[dl003]

Well if we may see $210-$215 means it busted through, no?

Are we selling the pop or waiting to see if it closes above $210?

If its going to take Apple throwing in the towel and SPY breaking to ATH for TSLA to get through 209, I dont call it busting through. Thats desperation. Desperation on the bulls side as well as the late bears who will be squeezed out before a decline into March. But if you feel like you should go or stay long, dont let me stop you.

So thats my plan for March. See yall in 3 weeks.

 

[Jim Holder]

If its going to take Apple throwing in the towel and SPY breaking to ATH for TSLA to get through 209, I dont call it busting through. Thats desperation. Desperation on the bulls side as well as the late bears who will be squeezed out before a decline into March. But if you feel like you should go or stay long, dont let me stop you.

So thats my plan for March. See yall in 3 weeks.

I’m positioned for either direction, with a bias to sell into $207-$210 if it tries it and get back in if it closes and stays over. Then to watch for weakness if any and get out then.

Just to clarify, you are saying TSLA back to $195 mid-March, and since it’s a free-for-all range maybe even lower but not lower than $175?

 

[SpeedyEddy]

Yeah it’s there Optimus V2.

 

[SpeedyEddy]

 

[Jim Holder]

https://twitter.com/x/status/1763147126261821596

 

[SpeedyEddy]

View attachment 1023147

https://twitter.com/x/status/1763147126261821596

Like I told you yesterday , in my world as well we’re ready dropping so you know what to do

 

[Jim Holder]

Like I told you yesterday , we’re ready dropping so you know what to do

Do you mean done dropping?

 

[SpeedyEddy]

Do you mean done dropping?

Yes, in my little World. I maxed out sharecount AH, not because we will likely drop.

 

[CHGolferJim]

Max pain for this Friday is $195?

Bumped to $197.50 this AM……..

 

[Jim Holder]

https://twitter.com/x/status/1763180307518226455