Wiki Selling TSLA Options - Be the House

[Max Plaid]

Seems to be following QQQ more than SPY and every time QQQ hits 312 and gets rejected, TSLA drops too... Ergo if Nasdaq can break out, might run up a bit... SPY above 400 surely helps, but doesn't seem to be influencing as much

All this from visual observation, no fancy tools or anything

 

[EVNow]

Seems to be following QQQ more than SPY and every time QQQ hits 312 and gets rejected, TSLA drops too... Ergo if Nasdaq can break out, might run up a bit... SPY above 400 surely helps, but doesn't seem to be influencing as much

All this from visual observation, no fancy tools or anything

Yes - I've always compared TSLA to Nasdaq. Infact my Fidelity Trader Pro is set so I can visually compare nasdaq & Tesla minute by minute. Has worked for last 5 years ... will look for more robust analysis.

 

[OptionsGrinder]

Interesting how Yoona has shifted from TMC to Twitter with a similar commentary approach. Setting up as an influencer?

Maybe Twitter mods will tell her she is not posting relevant info and then she will come back to TMC

 

[Max Plaid]

Maybe Twitter mods will tell her she is not posting relevant info and then she will come back to TMC

I think Yoona's posts were always relevant, just that we didn't always understand the context, which someone mentioned, and that was that

In fact I'm finding her posts better on Twitter than here, TBH, but I miss her presence as part of the family

 

[MikeC]

I think Yoona's posts were always relevant, just that we didn't always understand the context, which someone mentioned, and that was that

In fact I'm finding her posts better on Twitter than here, TBH, but I miss her presence as part of the family

I noticed that, too - she kept calling herself a newbie here but she’s been tweeting like a pro over there.

 

[EVNow]

Here are the correlations among Nasdaq, SPY & TSLA. Clearly Nasdaq & Tesla are a lot more correlated than S&P 500 and Tesla.

Stock Correlation Analysis

Correlation analysis for stocks, funds, cryptocurrences, and etfs

www.macroaxis.com

 

[Vova]

Since I understood from my fellow countryman, as a newcomer I need to proceed on this forum with humbleness. Second, according I need first to build up a track record.....

Let me give it a try.

I will start with a very boring trade, the butterfly.

I choose April

Buy 1 C200 at 9,30
Sell 2 C220 at 3,65
Buy 1 C240 at 1,34

This means I pay USD 334 (except transaction costs). Max profit USD 1664, max loss the invested premium.

BTW, excuse me for my bad English.

 

[Max Plaid]

I got bored with the SP going nowhere and STO 20x -c195 @$2.15

You're welcome...

 

[SpeedyEddy]

Perfect day to test my thesis: last 20 minutes $TSLA SP would have to drop a bit in order to get SPY below 400.

 

[SpeedyEddy]

Here are the correlations among Nasdaq, SPY & TSLA. Clearly Nasdaq & Tesla are a lot more correlated than S&P 500 and Tesla.


View attachment 922731

Stock Correlation Analysis

Correlation analysis for stocks, funds, cryptocurrences, and etfs

www.macroaxis.com

Which can exist together with my theory, that is SPY options based, intraday

 

[CHGolferJim]

I got bored with the SP going nowhere and STO 20x -c195 @$2.15

You're welcome...

Haha, that did it!

 

[SpeedyEddy]

Perfect day to test my thesis: last 20 minutes $TSLA SP would have to drop a bit in order to get SPY below 400.

thesis not broken because MM’s did not succeed in (or wanted to) saving SPY 399-400.

 

[SpeedyEddy]

Could see a dip tomorrow;

 

[SpeedyEddy]

Sold same amount as earlier, aftermarket $193,47. Against my own rules to daytrade stock only and be back overnight. On above video. Why? Because we are above maxpain too it should not give too much pain if wrong

 

[Oil4AsphaultOnly]

Since I understood from my fellow countryman, as a newcomer I need to proceed on this forum with humbleness. Second, according I need first to build up a track record.....

Let me give it a try.

I will start with a very boring trade, the butterfly.

I choose April

Buy 1 C200 at 9,30
Sell 2 C220 at 3,65
Buy 1 C240 at 1,34

This means I pay USD 334 (except transaction costs). Max profit USD 1664, max loss the invested premium.

BTW, excuse me for my bad English.

Which April? The monthly or one of the weeklies?

Edit: Never mind, from what I found, these are the monthlies, so April 21.

 

[traxila]

I noticed that, too - she kept calling herself a newbie here but she’s been tweeting like a pro over there.

She was a newbie. And now she is a pro.

Credit her engagement and tenacity. I find her impressive.

 

[EVNow]

Which can exist together with my theory, that is SPY options based, intraday

Ofcourse - my observation wasn’t w.r.t. your ideas.

I think you are saying SPY options move the market (which in turn moves Tesla).

 

[Max Plaid]

Ofcourse - my observation wasn’t w.r.t. your ideas.

I think you are saying SPY options move the market (which in turn moves Tesla).

I think TSLA options market is worth more than SPY, no?

 

[Jim Holder]

This is noteworthy:

https://twitter.com/x/status/1641174243529351168

 

[EVNow]

I think TSLA options market is worth more than SPY, no?

True … but TSLA doesn’t have short expiry options.