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Wiki Selling TSLA Options - Be the House

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QTA levels for today, incorporating Wicked Stocks's levels

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3/8

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SpotGEX
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3/15

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Took the week off, sold cc tuesday for 3/8 207.5 and 3/15 220. Today I rolled 3/8 207.5 to 3/22 210... staggering these , stepping up and out on the dips before they are ITM.
At the dip below 193 , BTC the two cc blocks, 80% on the 3/15 and 40% on the 3/22. While I could have held for more downside gains, it's better (for me) to reassess direction before making next move.
 
Foolishly closed all my Friday -C215s at a mere 70% profit when simply waiting another 10 minutes would've got me 80%
I closed out 3/8 25x -c200 (net +$3), 50x -c210 (net +$1.8), 3/15 50x -c210 (net +$3.5) and the 2x SMCI -p800 beer-money puts

I did sell 25x TSLA 3/8 -p200 just after open at $5.1, rather to early it seems, but as I had to drive one on my daughters somewhere this was an order I put in an order pre-open, really didn't expect such a sell off, but it's OK

At least I'm no longer over-exposed to the upside! Still have the 23x TSLA 3/15 -c175's, will leave those for the moment to cover a bit of downside

Now a little reversal would be be sweet to resell...

Also wondering when NVDA and SMCI are going to crash, surely has to happen at some point, no...?
 
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195 as in "I told you it would go back to 195" while everybody suddenly turned bullish and 220 230 in March started flying around.
Was perfect! Got to close many short calls between $194-$192 that I STO on Friday's $203 high for a week's worth of profit and it's only Monday :cool:
Your 3/22 185/190 Bear Put Spread is also in profit 🔥

Now I wonder how much/if we'll climb back up so I can STO again.
 
I closed out 3/8 25x -c200 (net +$3), 50x -c210 (net +$1.8), 3/15 50x -c210 (net +$3.5) and the 2x SMCI -p800 beer-money puts

I did sell 25x TSLA 3/8 -p200 just after open at $5.1, rather to early it seems, but as I had to drive one on my daughters somewhere this was an order I put in an order pre-open, really didn't expect such a sell off, but it's OK

At least I'm no longer over-expose to the upside! Still have the 23x TSLA 3/15 -c175's, will leave those for the moment to cover a bit of downside

Now a little reversal would be be sweet to resell...

Also wondering when NVDA and SMCI are going to crash, surely has to happen at some point, no...?
maybe J Powell's words will cause a selloff
 
Parked some money out of sold $TSLA (@192.50) to buy back cheaper as this looks very bad. Closed all mid-to-long-term -P at still a little profit.
STO SMCI 3/15 1160 , still doing no wave-riding because of priceaction versus RSI >85 on the hourly, so there will be a dip, but it can take a few days.
Bought more Palantir (now holding 15% more than last week's highest amount), planning to DCA in on these and make it my primary holding for a while until TSLA shows what the bottom really is (still believe in 175 as the rock-solid one, but I don't leave all my money on that at the moment.)
 
I don't want to BTC my 30x 3/8 $210's even though at 85% profit as I want to see the stock get back there by Friday.

The 10x 3/8 $207.5's are first to go.
Great. What is on the schedule from the Fed jokers this week?
quite a few with Powell testifying to Congress Thursday 940am Eastern U.S. Economic Calendar - MarketWatch
 
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