Sudre
Active Member
Any time there is an event that is far enough out in the future like the SP500 inclusion there will be plans made to act on what is expected. Even most of us long believe the stock will go up and then drop back a little, not a deep drop like the bears but some small pull back. Short will certainly take advantage of this event. With any luck the shorts will get screwed like they have ever single time but either way TSLA will be fine in the long run.
As far as options this week I have created a GIF that starts on the 11th. It appears someone is buying ITM Calls with a strike of $600. To me that seems like something I would do if I was a benchmark fund. It's not as deep in the money as I would go but it has a pretty high chance of guaranteeing shares on Friday and if you buy them on the silly dips you might even come out ahead as compared to the Index funds that are buying on the day.
I am sure today someone is loading up on Puts under the $630 strike because to them this dip proves the inclusion means nothing and the price will actually drop. Got to love bears.
THEY are going to make a pretty penny off all this speculation in both directions. THe GIF maker clipped off all the $$$ at the bottom.
Far right is $700
Middle is $600
Left side is $500
$650 is that pop right of center and you can see that is probably where the market thinks things will hold on Friday. Everything else (except for $600 altho 600 Puts are catching up) is filling in evenly for the most part on both Puts and Calls. That tells me the range THEY like is $600-$650 for the best profits in their pocket. All strikes between $500 and $700 seem to be planned for already. If we head over $700 THEY might have to start hedging.
Oddly look at how the $550 strike Puts are loading up? Someone really thinks we are heading for a drop or they are protection Puts.
That's my grain of salt. Have fun on the roller coaster this week.
As far as options this week I have created a GIF that starts on the 11th. It appears someone is buying ITM Calls with a strike of $600. To me that seems like something I would do if I was a benchmark fund. It's not as deep in the money as I would go but it has a pretty high chance of guaranteeing shares on Friday and if you buy them on the silly dips you might even come out ahead as compared to the Index funds that are buying on the day.
I am sure today someone is loading up on Puts under the $630 strike because to them this dip proves the inclusion means nothing and the price will actually drop. Got to love bears.
THEY are going to make a pretty penny off all this speculation in both directions. THe GIF maker clipped off all the $$$ at the bottom.
Far right is $700
Middle is $600
Left side is $500
$650 is that pop right of center and you can see that is probably where the market thinks things will hold on Friday. Everything else (except for $600 altho 600 Puts are catching up) is filling in evenly for the most part on both Puts and Calls. That tells me the range THEY like is $600-$650 for the best profits in their pocket. All strikes between $500 and $700 seem to be planned for already. If we head over $700 THEY might have to start hedging.
Oddly look at how the $550 strike Puts are loading up? Someone really thinks we are heading for a drop or they are protection Puts.
That's my grain of salt. Have fun on the roller coaster this week.