mickificki
Member
Did someone say monkeys?There may be a circus around me, but I assure you not one of the monkeys belongs to me. Just putting that out there.
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Did someone say monkeys?There may be a circus around me, but I assure you not one of the monkeys belongs to me. Just putting that out there.
My point exactly. Under the hood, nothing special, but damn if people didn't get swept up by the marketing.No, beats are really poor headphones for the price. The secret behind beats was OVERWHELMINGLY good marketing/product placement in music videos and on athletes. They are a joke among real audio people.
An exclusive look at Tesla’s plan to build largest EV charging station in the world with 40 Superchargers wow, that is going to be a game changer for that area, and also shows how serious tesla is about developing their infrastructure. If I were short I would be scared, this is like being short apple when the iphone came out.
It's not a mystery. One contract is for 100 shares. The current delta is 0.73458 so the total increase is ~$73.46 dollars per option for every $1.00 that the SP goes up. In other words about the same total dollar increase as 73 or 74 shares:Should have bought more yesterday.
In other news, my J19 330 call option is growing faster than my 200% all in margin account. I'm a bit surprised.
Can you elaborate about what specifically did not impress you and what would have impressed you? We need a frame of reference that we can all understand otherwise you not being impressed doesn't hold significance.
Hmm, closed over my 327 resistance target. Do I buy more now.
I'm really glad we are having these concerns now rather than the "I wish I would have reduced leverage last week"Should have bought more yesterday.
It's not a mystery. One contract is for 100 shares. The current delta is 0.73458 so the total increase is ~$73.46 dollars per option for every $1.00 that the SP goes up. In other words about the same total dollar increase as 73 or 74 shares:
Delta. The ratio of the change in price of an option to the change in price of the underlying asset. Also called the hedge ratio. Applies to derivative products. For a call option on a stock, a delta of 0.50 [0.73458] means that for every $1.00 that the stock goes up, the option price rises by $0.50 [$0.73458] per share.
So when looking to pick up shares in an uptrend, the best deals are often to be had in the first 15 minutes. If you are looking to reduce leverage as the stock rises, the last 15 minutes is often the place to do it rather than at market open. It seems that mid day with the lower volume can be a manipulative time for shorts, so often not the best time to sell shares.Following the TA discussion, it crossed my mind that opinions on observable trends with TSLA price action might be beneficial for this thread. @Papafox has made some great contributions, especially with observations on action around bollinger band limits.
I often read about amateur hour, and power hour observations. Having followed the stock for a couple years now, i would submit that it is amateur 15 mins in the morning, and that regardless of what trend TSLA is in, shorts will try to supress price at the open.
Regarding power hour, if TSLA is in a general uptrend, it is actually power 3.45-4.00, whereby if price has been consolidating up to this point, the increased volume typically observed from 3.45 onwards precipitates a spike.
Should have bought more yesterday.
In other news, my J19 330 call option is growing faster than my 200% all in margin account. I'm a bit surprised.
An exclusive look at Tesla’s plan to build largest EV charging station in the world with 40 Superchargers wow, that is going to be a game changer for that area, and also shows how serious tesla is about developing their infrastructure. If I were short I would be scared, this is like being short apple when the iphone came out. Except I don't think we will see the decline for a year that apple saw because the technology is already proven out since 2012 and only now the cost is right too
Yep, I'm going through the school of hard knocks on this right now after thinking I was a genius just starting with options during the run up. I was over $100k up and continuing to increase leverage even around $370. Turns out, my timing was just lucky initially. After dropping over $100k last week, i had to step back, reread some posts and books, set up some detailed spreadsheets, and catch my breath. The leverage with options is incredible (and addictive). The rise just today swung me back up $40k. I'm no TT007 but these are huge swings for me given that I was basically just investing in index funds and a moderate amount of TSLA stock up until 6 months ago.A thing to look at is delta vs purchase price.... that is what determines leverage. A Far Out Of The Money (FOTM) op has low delta, but because it is cheap to buy, it has a higher delta/price ratio than an NTM or ITM call, and provides more leverage.
The problem is, theta, time decay. If theta/delta is high, the stock price will have to move up faster to break even. You can be long calls, have the stock price move up, and still loose money because of this (stock price not moving up fast enough). FOTM calls are best bought on dips and sold on peaks well before expiring.
There is no free lunch. Options just give you more options (yes, pun intended) to flavor your risk profile. Please be careful.... I have lost 100s of k $ learning this and I'm still a novice.
Not TA, but the par share price for the 2022 notes is $327.50 [...] Above those respective levels, note holders can engage in arbitrage transactions and collect the semi-annual interest payments relatively risk free. Also, above those levels, the hedge counter-parties are exposed until the share price reaches the warrant levels--$655 for 2022 [...]
The underwriters (and also likely hedge counter-parties) for the 2022 notes were:
Underwriters Principal Amount of Notes
Goldman, Sachs & Co. 425,000,000
[...]of total 850,000,000
So how do we explain the GS fud action that appears to have pushed the price below 350 ?
Do what I say, not what I do. Or rather, don't watch what I do, just listen to what I say.