Wiki Selling TSLA Options - Be the House

[BornToFly]

Still seems safe IMO. Thinking of opening $185's right now actually.

The only worrisome thing for selling CCs is that the 1 hr and 2hr charts show a reversal from last weeks decline. (At least that is what I see)

 

[dl003]

$10+ bounce delivered.
The plan right now is wait for this run to die out. My maximum target is 203 but I don't think it's going to get there
So far it's still looking like an ABC - until it's not.

If you think it's a dead cat here, it makes more sense to buy some cheap put spread instead of selling calls trying to call the top. What I want to see is the 172 gap completed filled. Otherwise, I'll continue to be careful with calls here.

 

[elasalle]

Tesla pumping premarket. Anyone know why?

Only news is Biden unveils tariffs on Chinese EV's ... or either this or margin calls ( margin calls are more fun )

 

[TexasGator]

I sold 187.5 and 190 WAY too early yesterday.

if it makes you feel better i sold more CC180s yesterday (way to early) - but the week is young yet. and it is monthly expiration with most contracts at 175 and 180.

 

[Jim Holder]

If you think it's a dead cat here, it makes more sense to buy some cheap put spread instead of selling calls trying to call the top.

I'm not good with choosing put spreads, can you pls recommend one NFA?
Also considering the June vote.

 

[dc_h]

Meme-stock going nuts in PM... I wonder what the knock-on effect will be

Wish those apes would pile into TSLA, OK I realise wouldn't be very effective with such a ledge float and market cap, but might give a boost and frighten off some shorties

I wonder if TSLA short sellers are forced out of positions to cover GME losses. Why the forces that be continue to allow more than 100% shorting of a stock is beyond reason. Very inefficient use of resources.

 

[dl003]

I'm not good with choosing put spreads, can you pls recommend one NFA?
Also considering the June vote.

162.5/160 5/31. I'm waiting for the 1H to become expensive before entering.

 

[Jim Holder]

 

[Jim Holder]

162.5/160 5/31. I'm waiting for the 1H to become expensive before entering.

Thanks. Let us know if you enter.
Thank you!

 

[Jim Holder]

162.5/160 5/31. I'm waiting for the 1H to become expensive before entering.

Is that +P162.5/-P160?

 

[Blue horseshoe]

TSLA had a nice MACD crossover on the 1hr yesterday, and the 2hr should cross with a nice open. We may continue higher. But some shareholders on X have posted that they voted NO to everything, which is mind boggling. Might need to buy Puts for June in case Elon's package doesn't pass and he leaves.....

Meetings June 13th. May be worth it to buy a straddle for mid June as we get closer to the annual meeting. I think we'll likely see a big move one way or the other depending on the outcome of the votes

 

[dl003]

Thanks. Let us know if you enter.
Thank you!

I'm taking a position here at 175. SL is over HOD.

 

[BornToFly]

I'm taking a position here at 175. SL is over HOD.

???

 

[Jim Holder]

June 28 looks really strange, no calls, all puts

 

[Jim Holder]

???

$177.86

 

[Jim Holder]

Is this correct, seems needs a huge qty to be meaningful:

 

[dl003]

stop loss when the stock gets over high of day

???

 

[thenewguy1979]

BTO 165p for 5/31. Stop loss exit at 178.

 

[EVNow]

BTO 165p for 5/31. Stop loss exit at 178.

There you got it

 

[Discoducky]

Interesting pattern when AMC and GME are halted