thenewguy1979
"The" Dog
Everyone and their mom was betting on 1000. If PA for tomorrow is like AH - it going be Theta Gang and Seller.
I sold a -900P so I'm good...for now.
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
I sold a -900P so I'm good...for now.
I think there's a fair chance my -c800's will get called away Friday, unless there's something dramatic in the earnings call
The 5x Jan 2025 +p900 will become 50x +p90's, interesting to see whether that will be more profitable when it comes
For TSLA, I'm still holding -p170/-c180 for this week, was out play!ing music, took my MacBook with me in case I felt the urgency to trade, but as of now, just let the Theta drain a little more
Plan is still to widen the strangle further for next week, 170/190 would be comfortable
thenewguy1979
"The" Dog
TSLA did hold 180 so the Bullish momentum still there.
NVDA ER is gangbuster as usual.
Tomorrow should be interesting...not including any surprise news from AH/PM.
NVDA ER is gangbuster as usual.
Tomorrow should be interesting...not including any surprise news from AH/PM.
thenewguy1979
"The" Dog
Wicked Stock outline a similiar scenarious but place the bottom at 845 if retraced, where it can bounce back up into Summer.
Well, I really meant that lower SHARE PRICE means easier access for options market and traders to goose and influence share price direction..its much more $$ to buy options contracts in lots of 100 (with a $1000 per share stock) than with a stock that is 1/10th of that. Same was true for TSLA in the day, X for 1 splits simply enabled even MORE options mkt manipulations in order to manipulate share price.
dc_h
Active Member
I hope sell is the trade. I have 175 and 172.5 puts, 180 calls (they were 177.5 and sold 2 for one to move them to 180), as well as 185, 187, 190 and 195. If I can clear out the near money calls this week, I'll move to weekly OTM trades. I sold the 195's last Friday. Very boring trade, but I think support is building at this level, which I have not felt for a long time.
I just caught up with the "other" thread and I see that there have been some pretty steep price cuts on the M3Y in Norway, up to around 10%, I wonder if they'll be replicated across the rest of Europe, wouldn't be surprised looking at the latest data we have... will surely be a negative catalyst, unless margins are no longer considered necessary with this "new normal" we got after Q1ER
It’s already being done in europe to varying extents.. EU and UK sales are down to ~ 15 month lows? Some higher, UK was +20% down. So, something is going on, either sector or company specific.
As much as ppl hoped that Q2 would stabilize or rebound, I doubt it’s going to happen.
once 2024 sales projections go BELOW 1.8x million, well that wouldn’t be good.. some analysts are already put a sub 2023 number out there.
And I don’t mean the crazy ones who have some axe to grind.
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This is not me calling you out, I dont bother to follow that level of charting so what you’re saying very well could be valid…but the idea that you can just change how you measure a chart or use a different chart is just hilarious to me
I’ll be one of those people that saying has broken out of its downtrend if the actual chart downtrend line gets broken and that any pullback at 260 will just be a correction to then test the downtrend line on the upside before it shoots higher.
But I could easily be wrong. I also think that should we get to into the mid 200’s, it will be from substance, not hype. If the rally is based on autonomy, then I expect to see major improvements in 12.4 and 12.5 over the next 3 months that make it seems clear Robotaxi level is only a year or two away
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thenewguy1979
"The" Dog
Couples weeks ago people were talking about loading the stocks if it ever drop to 6xx.
Now in June it's going to be 1xx. Win win right. Load them up
Joking don't shoot.......
Well, already long 1000 shares, and having sold a lot of calls in the past five years… but would I have added to the position at 6xx.. sure. Trading shares and options means not being wedded to a certain SHARE price to make money. I’m glad I pulled back some of the -cc I sold, but will probably sell again if we move up and OVER $1100 in short order.Couples weeks ago people were talking about loading the stocks if it ever drop to 6xx.
Now in June it's going to be 1xx. Win win right. Load them up
Joking don't shoot.......
I loved the call. Blackwell is shipping earlier, and Jenson addressed why all generations of Nvidia GPUs will sell and continue to be the best choice for most AI workloads, despite customers building their own chips.
I haven't listened yet, but look forward to it. Most of what you are listing though I already had priced into my thesis. From just a fundamentals perspective it starts to get expensive soon IMO. Still happy to accumulate and still happy to trade volatility and doubters though.
Log chart is a valid option to measure price movements across a wide span of time, because over, lets say a decade, price of security could have appreciated hundreds of percent, making the early level seem almost non-existent and historical patterns difficult to recognize. That's where log chart comes in. You can read about it here
Spotfire | Logarithmic Charts: Visualizing Data Across Wide Ranges with Logarithmic Scales
Logarithmic charts, using logarithmic scales instead of linear values, are useful for visualizing data across large value ranges. Learn when and how to use logarithmic scales, their applications and benefits
www.spotfire.com
Case in point:
After a 1,000% run in 15 years, one cannot find a good channel for SPY without log chart.
In regular view, it looks parabolic.
TSLA did 1000% in a year. Multiple times.
Logarithmic scale is how market participants make sense of and measure huge moves in price. You haven't even scratched the surface of the financial market and yet you found one of its most fundamental concept hilarious.
After a 1,000% run in 15 years, one cannot find a good channel for SPY without log chart.
In regular view, it looks parabolic.
TSLA did 1000% in a year. Multiple times.
Logarithmic scale is how market participants make sense of and measure huge moves in price. You haven't even scratched the surface of the financial market and yet you found one of its most fundamental concept hilarious.
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