Wiki Selling TSLA Options - Be the House

[Jim Holder]

https://twitter.com/x/status/1782425850924642597

 

[Jim Holder]

Normally I'd agree but this is the chart that tells me it's ready to go either way. If Elon's saying that we're still building the assembly line and we will make whatever ready for prime time first, between the model 2 or robotaxi, then we can bounce. But if he gives any indication that the model 2 is dead, that thought gives me chill.

If we get a bounce, how high to you see before a retrace down (for selling 5/17 CCs)?

 

[Jim Holder]

He has to know that a dropping SP puts his compensation package at risk. A lot of people who gained from his work since 2018 have taken profits. A lot of bag holders are voting now....

The past couple years Elon’s been taking the weight of all the moral and political troubles of the world on his shoulders. It may be taking its mental and emotional toll and he’ll just self-destruct. One hopes he doesn’t take Tesla and us nuts holding TSLA down with him.

 

[tivoboy]

After some consideration I pulled the trigger on 10 spreads +p135/-p125 05/03, paying $2.78. The date allows for some digesting of the earnings call and the same spread for 04/26 is only a few dime cheaper.

Even after the 42% drop I still see more downside, but if it bounces you can thank me.

My potential loss is limited, especially because a loss in premium on the long leg is softened by a loss in premium on the short leg.

Pls post dates, when posting.

 

[EVNow]

After a 42% sell off in TSLA in 2024, I'm thinking we are more likely to go UP after ER than down. I may close all my CCs for a nice profit later today or tomorrow.

Didn't you say this before last ER ?

I just hope SP doesn't fall to 100 after ER. I'm not ready for that.

 

[EVNow]

https://twitter.com/x/status/1782425850924642597

Really ... ?

https://twitter.com/x/status/1782426957478568040

I remember last time - some were predicting bottom in the 80s ...

 

[elasalle]

too much thinking on what-if's ..
so 1/2 dry powder before earnings, 1/2 after earnings(if SP drops more) ..

bought 200 shares at 141 and sold 150 CCs for next week at ~ 4.65.

Smart shorts with big profits should close before earnings no? Vote/package seeking Elon will give some good guidance ...

 

[ProfessorZoom]

As usual I am too chicken to play earnings. As usual I am itching to trade. As usual I am suffering

It's not an addiction! It's just that if I don't trade I will explode

 

[Jim Holder]

 

[Jim Holder]

 

[tivoboy]

View attachment 1040741

HMG

 

[Jim Holder]

HMG

Heavy Machine Guns?
His Majesty’s Government?

 

[OrthoSurg]

Ok everyone sold and every margin investors got liquidated before earnings, we got that.. Now we can move back up.

 

[vikings123]

Ok everyone sold and every margin investors got liquidated before earnings, we got that.. Now we can move back up.

They are never going to make it that easy, the stock will continue to ping pong until ER tomorrow and then during the call it will ping pong 10x faster . The sounds bites on this one should be epic.

Let's go Elon.

 

[tivoboy]

Heavy Machine Guns?
His Majesty’s Government?

Holy mother of Gawd

 

[Blue horseshoe]

Pls post dates, when posting.

Says 5/3 or are you referring to something else? I missed it the first time too though

 

[CHGolferJim]

If my GTC at $140 hits, considering doing a buy-write at $140-$150 vs. potential dead cat bounce after ER.

It hit, and I booked 26Apr$145 CC at a rather incredible $5 for 4 days.

 

[Max Plaid]

Pfff, this is a horrible situation to be in. I can sell my July +p150's kind of dow, and pocket ~$200k, but want to wait and see if it dumps after earnings to pocket a hell of a lot more

But what if it doesn't dump, what if if goes up...

Selling is hard...

 

[Jim Holder]

https://twitter.com/x/status/1782444120838963257

 

[john tanglewoo]

Pfff, this is a horrible situation to be in. I can sell my July +p150's kind of dow, and pocket ~$200k, but want to wait and see if it dumps after earnings to pocket a hell of a lot more

But what if it doesn't dump, what if if goes up...

Selling is hard...

I am holding 420x (ironically not that number on purpose) June +P145. Was going to sell puts against them to make up for the purchase price.

Bought for 7 they are now at 14. I can't foresee the stock going up directly after earnings so i'm going to take the risk and hold, and wait to sell puts against if and when the price drops further.

What do we know: the numbers will be very bad, and judging by delivery could be worse than expected.
What do we not know: we don't know what Elon is going to say on the call, but if the past is any indication, i read that the stock has dropped on average ~10% past 4 earnings.

What would make this earnings different? Announcement into India? Model 2 clarification? I am looking for potential catalysts to help me manage expectations on these puts.