Cc: @juanmedina
Not going to provide daily updates but will update as position or thinking changes... but...
When the goal was set in January to be long 5,000 deltas for the next 6,000 points on the stock. It was never imagined that at one time the account could straight up buy 5,000 shares. That day arrived sometime last week.
Your goals are likely to be different. Don’t follow exactly. Don’t copy to the letter. You have to live with your position through the ups and downs thru the glories of game set match to the pits of despair. And don’t _____ing use margin ever.
Also tracking that goal, was long on average 10,000 deltas for the first 1,250 points of this journey so could literally sit out over 1,000 points and still be meeting the goal.
The Leaps have been sold. Out of Tesla options completely (for the moment LOL). Today will soon buy stock—5,000 sweet, sweet shares. Plus the is leftover cash to do a short term play. Premiums are starting to get out of hand (was thumbing through Aug and Sept last night), but if you can get the timing and option selection right, there may be another 3x to 4x play. Still waiting for about 1,330, if don’t get that then may buy right before earnings or right after.
Actually, what the heck...
View attachment 565220
There they are... 5,000 shares.
thanks
i sold pretty much all options except jun22 600c i got for 121.00
have all LTCG shares that am sitting on and prob won’t sell anytime soon
and a few Aug puts for sh!ts and giggles that i’ll prob take a few k profit on shortly