-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
thenewguy1979
"The" Dog
.......may continue to go up till we ran out of money shorting them
thenewguy1979
"The" Dog
We have plenty room above if ER send us a $50 dollar NVDA candle instead of to the ER:
a stop loss in case the stock go back down to 232. Which it hasn't. If it breaks 232 I'll just re-sell from a lower entry. 70% of my long is still in the green right now.But you set a close at b/e
But you set a close at b/e
That b/e was probably more of a Stop Loss.
He still expects the stock to go up from here.
thenewguy1979
"The" Dog
that's a good play. 4 to 1 max win to loss ratio (if using spread). Betting on SP going up.
edit: also get paid upfront instead of waiting if doing traditional long.
edit: also get paid upfront instead of waiting if doing traditional long.
jeewee3000
Active Member
Today I closed my 01/26 -230cc's I opened last week (January 3rd) for 25% profit.
Holding shares and LEAPS into ER. Will possibly trim if we bounce.
Holding shares and LEAPS into ER. Will possibly trim if we bounce.
Sigh....June 2026 LEAPS finally open up trading but the stock is down so much from its relative high a month ago and volatility is dropped so much that the premium isn't not worth it to me to sell CC's.
The intent is clear to me, keep the stock below the 2+ year downtrend line with buffer to absorb any surprise positive news such as the CPI print incoming in anticipation of Q4 earnings in 2 weeks. The nonstop hit pieces and negative Tesla articles has noticeably increased in the past month.
Seems anything but a blowout earnings report will be treated negatively, and the stock will be punished. Even if TSLA meets expectations, I expect the stock to be sold off hard when they break the uptrend line from last Jan's low around earnings since it's now not that far from the current share price today. It'll be around 224-225/share by earnings date.
I just don't see Tesla having anything in terms of positive news to counter a pre-planned sell off except for Cybertruck production rate being higher than expected (doubtful) or Energy having a large jump in revenue recognition quarter to quarter while margins continue to improve (definitely possible). There's some talk that Tesla is trying to get V12 out before the earnings report but Wall St is simply going to ignore that. A FSD China release could definitely cause the surprise breakout but the rumors of that release being beginning of Jan have come and gone. Really just nothing to get excited about Tesla business-wise for the next 6 months at least.
The only silver lining is that a break of the uptrend low will probably turn a sell off into a major sell off down to possibly 150'ish area so would be good chance to close out my CC's, buy some more 2026 LEAPS and roll my current LEAPS. But I'd be taking on some risk in doing that and I prefer not to go down that road but it seems i should start to prep for that scenario playing out.
Part of me thinks I should just bite the bullet and sell CC's 2026 LEAPS on a handful of shares to get some cash before the stock goes into major selloff. But the other part of me knows that once the surprise catalyst come, whatever it may be, the stock will explode out of the gate
The intent is clear to me, keep the stock below the 2+ year downtrend line with buffer to absorb any surprise positive news such as the CPI print incoming in anticipation of Q4 earnings in 2 weeks. The nonstop hit pieces and negative Tesla articles has noticeably increased in the past month.
Seems anything but a blowout earnings report will be treated negatively, and the stock will be punished. Even if TSLA meets expectations, I expect the stock to be sold off hard when they break the uptrend line from last Jan's low around earnings since it's now not that far from the current share price today. It'll be around 224-225/share by earnings date.
I just don't see Tesla having anything in terms of positive news to counter a pre-planned sell off except for Cybertruck production rate being higher than expected (doubtful) or Energy having a large jump in revenue recognition quarter to quarter while margins continue to improve (definitely possible). There's some talk that Tesla is trying to get V12 out before the earnings report but Wall St is simply going to ignore that. A FSD China release could definitely cause the surprise breakout but the rumors of that release being beginning of Jan have come and gone. Really just nothing to get excited about Tesla business-wise for the next 6 months at least.
The only silver lining is that a break of the uptrend low will probably turn a sell off into a major sell off down to possibly 150'ish area so would be good chance to close out my CC's, buy some more 2026 LEAPS and roll my current LEAPS. But I'd be taking on some risk in doing that and I prefer not to go down that road but it seems i should start to prep for that scenario playing out.
Part of me thinks I should just bite the bullet and sell CC's 2026 LEAPS on a handful of shares to get some cash before the stock goes into major selloff. But the other part of me knows that once the surprise catalyst come, whatever it may be, the stock will explode out of the gate
Last edited:
Maybe you BUY them, before you sell them?
"downside protection" , if we go down rather than up? Trying to figure out why you'd not sell into strength. Maybe answered my own question?
thenewguy1979
"The" Dog
Not worry about getting assigned early? That a $13 gap based on current SP even though expiration is a week away.
Jim has been selling into strength for the last month or so. How do you know that 235 wasn't it?
I wish I'm assigned early. Tonight if possible please.
Short call means naked calls. ie selling calls for more than the number of shares you have ?
Similar threads
