Wiki Selling TSLA Options - Be the House

[Jim Holder]

 

[Jim Holder]

@Yoona

Have you figured out how to use the Net Delta Exposure data?
Seems from the Quant guys that red bars in Net Delta above spot means decent downward pressure/upward resistance even if there's green bars in Gamma and Vanna. Have you found that to be so? Trying to learn how to read them.

Thank you.

 

[Jim Holder]

 

[thenewguy1979]

AI brothers TSM, NVDA, SMCI Mooning due to TSM 60% Monthly Growth.
Seem that NVDA 97x is back in play.

While TSLA is getting weaker......

 

[Max Plaid]

AI brothers TSM, NVDA, SMCI Mooning due to TSM 60% Monthly Growth.
Seem that NVDA 97x is back in play.

While TSLA is getting weaker......

I think the using the Berlin attack as a pretence for pushing TSLA down, was doing OK in pre-market

 

[Jim Holder]

Seems pinned $170-173
Hopefully it holds $170

 

[Yoona]

@Yoona

Have you figured out how to use the Net Delta Exposure data?
Seems from the Quant guys that red bars in Net Delta above spot means decent downward pressure/upward resistance even if there's green bars in Gamma and Vanna. Have you found that to be so? Trying to learn how to read them.

Thank you.

View attachment 1045918

i am still trying to find out how to interpret Net Delta and suspect it is the least important of the 3 greeks

perhaps you can ask on the Discord chat? there is live session during market hours

 

[Max Plaid]

4 FEDiots speaking today, I'm assuming that's the reason behind the general reversal from early trading?

 

[Jim Holder]

i am still trying to find out how to interpret Net Delta and suspect it is the least important of the 3 greeks

perhaps you can ask on the Discord chat? there is live session during market hours

View attachment 1045943

I asked Apple guy (who runs the stage at the discord) and he said same, that it's least important of the three but red bars there can raise caution when Gamma and Vanna show green. When Delta is also green then there's a trifecta of confluence. Just wondering if you agree/also find the same.

 

[dl003]

Backtesting the hourly 200 SMA for support. Good spot to sell some puts. Cut when it closes 4 consecutive candles below 168.8.

 

[Jim Holder]

Good spot to sell some puts. Cut when it closes 4 consecutive candles below 168.8.
View attachment 1045946

Hourly candles?

Thanks.

 

[aerocristobal]

Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe's Leading BEV Seller: 'The Long Term Is To Produce Locally;' - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

This could be contributing to the downward pressure today

 

[BornToFly]

I sold 190CCs in two of my mom's account this morning (for next Friday), and missed selling 100X of them in my own account by 30 seconds.

 

[BornToFly]

Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe's Leading BEV Seller: 'The Long Term Is To Produce Locally;' - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

This could be contributing to the downward pressure today

They have a LONG way to go to outsell Tesla in Europe.

 

[TexasGator]

On the bright side your -c190s for today should be safe

 

[elasalle]

They have a LONG way to go to outsell Tesla in Europe.

And to sell locally in US . If they invest too much in Mexico, US will close the backdoor

Fake news dip over, STO 2 160 PUT for next Fri ... ~$1.16

 

[aerocristobal]

They have a LONG way to go to outsell Tesla in Europe.

Indeed. There's a clear narrative on investment and expansion, with a plan to get to a low-cost EV. BYD is already a formidable competitor to Tesla in the EV space, while I don't follow the company closely, it appears to be focus on execution and expansion as rising global automaker. The story is a lot more muddled for Tesla. Longer-term execution and results are a different story, but short-term sentiment is all it takes to move the SP today.

 

[Jim Holder]

https://twitter.com/x/status/1788948654604087718

 

[Max Plaid]

Thought we were supposed to go up before we went down... this sucks! Immediate and emergency action required... cheers!

 

[thenewguy1979]

Backtesting the hourly 200 SMA for support. Good spot to sell some puts. Cut when it closes 4 consecutive candles below 168.8.
View attachment 1045946

BTO 177.5c exp 5/24