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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Sorry, was doing some FSDs testing today and driving down the coast… I guess that seems decent for RnR, you’re just making a play for E being like really negative - which it indeed may be… so it’s a bit more than a roll of the dice 6K, not sure where max profit lies from a SP standpoint to make it max profit 61K, but IF we get some serious movement - which I think we will, then you’re gonna having sum decidin’ ta do.
You remember a couple months back - maybe it was 4-5 weeks, we had that WALL at $180… see what happened..NOW we have a WALL at $160. We’ll see what happens. My read, there have been some LARGE stake holders who have been trying to put a line in the sand - I think I called it a Maginot line last time - to protect position and reduce risk. I’m thinking the same thing is now the case for earnings week and they are desperate to AGAIN hold that line at $160.
Ex all these indicators and fundamentals and projections, I wonder what @dl003 is seeing in price action and projection to either confirm or counter the writing that seems to be on all four walls.
That’s cray cray… just out of curiosity and maybe you have this data, but is that like a 2 or 2.5 sd amount? Seems high in the skew for total premium for THIS stock at these $$ levels of premium.
@Yoona. So you do not think the already 30%+ drop since January is factored in?? I am also thinking we have more “down” to go between now, earnings call and after earnings, but I keep hearing it is already in the stock price.
Your thoughts?
@yakuza requires pinky to join. From the 2nd joint. ;-0
thenewguy1979
"The" Dog
Seem we're gearing up for a green day tomorrow. Macro Movement including NVDA AH are in Green.
I often heard about “protecting” a level. What are the mechanics of that, how do they “hold the line” IRL?
My poor puts are bleeding 
. I am think about closing them and maybe buying some for after ER. Maybe we will go down after that event instead 
.
. I am think about closing them and maybe buying some for after ER. Maybe we will go down after that event instead .
My 2 year old +170/-195 BPS for next week fell into hard times. I had a bunch of -195P assigned last night. So before close today I closed the remaining spreads for $22 (OUCH!). I have made about $20 with very aggressive CCs the last few weeks, so that helped. But of course, we are now continuing to go up AH. If we end next week above 173 I would have been better off not closing them today. I tried rolling to 2025 or 2026, which I can usually do for $3 for an ITM BPS, but for some reason, I could net get it down below $6-8 range, which was just taking on more risk on a $25 spread.
So between closing the BPS 10 days early for a huge loss, and my 170CCs for next week, we can be pretty sure the SP will be 180+ next week. Oh yeah, I still have protective -160/+165P for this Friday, which means ZERO chance the SP is below 165 on Friday.
I swear the market knows all my positions, and just finds ways to screw me in the biggest way possible....
So between closing the BPS 10 days early for a huge loss, and my 170CCs for next week, we can be pretty sure the SP will be 180+ next week. Oh yeah, I still have protective -160/+165P for this Friday, which means ZERO chance the SP is below 165 on Friday.
I swear the market knows all my positions, and just finds ways to screw me in the biggest way possible....
is it agood idea to sell shares at a loss cash out and use it to buy the dip ?If that repeated that'd be around $134. And then another dump after earnings call...there's nowhere left to go down
funny how this guy is still getting mentioned hereHe was off on his P&D guess, but his Delta prints have been
My CCs are screwed.
Big whale have big tail… if I had 400M of SHARES, that I had pledged a large potion of for various other endeavors, I might try and protect the value of them with some LARGE put walls to keep other short sellers on the other side. These are games that most likely NONE of us are playing, but we can bet the odds and still come out ahead.
Sorry no easy answer for that.
As for me I still suck at selling longs vs options without losing at the end because of a sudden surge. In this case options have exit and fixing opportunities that selling straight shares don’t.
Last summer I sold half my longs at 222 and rebought at 212 the next day and lucky that was the bottom for that sequence. Gained $30k on that. But I find it stressful and not easy to do. Case in point, I keep promising I’ll cut my longs if we break 220, 205, 190, 180, 177, etc and I haven’t any of those times (I wish I did!), I keep saying “it fell so much don’t short into the hole,” yet it just goes down more. My next trigger is $158
. I keep my sanity by selling CCs/buying occasional puts to generate gains while I wait for recovery.
Cool! So they basically spend on LOTS of puts or calls to throw a scent and expense it as protection as it’s worth it for them.
She is not sharing at this time, she is experimenting for a 10 week period currently
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