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  1. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Problem with inverse strangles is that the only play is with the Theta, at least one side of the trade will be ITM at expiry, maybe both, I don't see the logic here. Better to have a single short position that has a chance of going OTM or a straddle where you half your risk, but an inverse...
  2. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Hey gang, was out drinking last night and today driving up to Denmark, need to time my next Supercharge so I can trade out of this week's NDVA -p1100 (will roll to same strike for next week) and the TSLA -c170's, -p172.50's & -c180's Haven't yet decided on next week's strangle strikes, but I...
  3. Max Plaid

    Wiki Selling TSLA Options - Be the House

    How do we know that less inventory means more sales? Perhaps they pulled-back on production, we just don't know In any case, where are you seeing inventory, I no longer see in-stock cars on Tesla's website, they stopped that and just match exiting inventory with new orders as far as I can tell
  4. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Maybe will pop after Shareholder, but I'm still expecting a bad P&D, so let's see
  5. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Nothing-burger in terms of financials, IMO, but positive news nevertheless
  6. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Premarket pop, I think it's this:
  7. Max Plaid

    Wiki Selling TSLA Options - Be the House

    If Musk exercises $59b worth of options then he would need to pay tens of $billions in taxes, he needs to get that money from somewhere, right? OK, he has other sources of funds, but the last time this happened he sold TSLA to fund it the irony of that was that he ended up with more shares than...
  8. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yeah, wilt -c170's, -p172.50's and -c180's the closer we are to the low 170's the better for me, would love to close out today as I'm driving to Denmark tomorrow, would resell some puts, then wait for calls
  9. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I hope you bought those before the dump into close!
  10. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Hey, thanks for the reminder, I had totally forgotten about the NVDA split! That changes my strategy a bit, I won't go for the big Na 2025 -p1250 now, stick with the weeklies until after the split, then see how it falls... As of now, still holding 5x -p1100 for this week, which look likely to...
  11. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Hey, welcome, nice first post! Don't understand any of it, but sounds good...
  12. Max Plaid

    Wiki Selling TSLA Options - Be the House

    So now MAGA start buying TSLA then, is that why it popped? Because last I heard, the OI was going to repeal most environmental safeguards and guidelines, which is hardly conducive to Tesla's business Glad I no longer hold any stock, don't mind trading it to make money, but won't be investing in...
  13. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I think it's quantum computing rather than "AI" that will be more impactful on the solving of things like cancer: How quantum physics could 'revolutionise everything'
  14. Max Plaid

    Wiki Selling TSLA Options - Be the House

    With 100x -p172.40 / -c180 + 25x -c170, I have to say this is rather lovely!
  15. Max Plaid

    Wiki Selling TSLA Options - Be the House

    How interesting is that, TSLA (candle) doing the mirror opposite of NVDA (yellow line)!
  16. Max Plaid

    Wiki Selling TSLA Options - Be the House

    So everything says TSLA down, macro red, so TSLA goes green 🤷‍♂️
  17. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Was 175 yesterday already, I thought? And today has gone up to 177.50... That's from Stock Option Max Pain
  18. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yes, backed by +p900's and cash if necessary
  19. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yeah, the NVDA juggernaut looks unstoppable at the moment, have the markets ever seen anything similar in the past? I know lots of stock pop on hopium, but this seems to be grounded in insane fundamentals that literally popped out of nowhere beginning of last year... For my side, I have these...
  20. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Well, I was busy all afternoon and missed the opportunity to trade out of my -c170's at $173, boo! Finally got free around 18:00 and feeling itchy decided to sell some NVDA -p1100 @$8.1, after which it promptly started falling. You're welcome! Note these are now the short leg of a 5/31 -p1100 /...
  21. Max Plaid

    Wiki Selling TSLA Options - Be the House

    13k China numbers are OK, but not amazing when you consider that the weekly numbers end of 2023 were hitting 18k after the M3H ramp, so they're either exporting more cars, "building inventory" or producing less At this moment, the small real-time view we get (Scandinavia + Netherlands), it's...
  22. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Production in Shanghai allegedly reduced too... and EU deliveries tracking lower QoQ and YoY We will know a lot more this time next week when EU countries start reporting But again I ask where those 50k "in transit" went to, because they aren't yet showing up anywhere we can see
  23. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yeah, two orders of magnitude less, unfortunately! I guess the Belgian number format threw @Yoona
  24. Max Plaid

    Wiki Selling TSLA Options - Be the House

    TSLA down in today's EU trading
  25. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I'm trying to plan things going forwards... although I'd like to stop the day job, my wife needs to work for the next 7 years to receive her full pension, so I could opt to continue myself as well The big positive is that I then continue to live off my earnings and don't need to use trading...
  26. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I'm going to try and be out of weekly short positions, but leave my longs in place... if I have ITM's before the shareholder vote then I'll swap them for long-dated straddles to avoid potential massive volatility...
  27. Max Plaid

    Plaid X Vibration at beginning of each drive: Who is experiencing this?

    Not sure if this is the same thing, but I get this rattle with my late 2022 MXP, it's different from the half)shaft issue I had on my previous MXP100DL, that was more judder, this should more like something loose or driving on cobbles It happens under acceleration and is more pronounced when...
  28. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Great post, except for the Netflix picks, no doubt my daughter watched a lot of those when she was deep in to SK culture, I didn't get any further than Parasite and Train to Busan - but I did go and see BTS with her 😂 Our film tonight was
  29. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Splendid, will shift to PM's and see if we can hook up together with @Yoona
  30. Max Plaid

    Wiki Selling TSLA Options - Be the House

    It's "microdosing" doggy, microdosing...
  31. Max Plaid

    Wiki Selling TSLA Options - Be the House

    OT: My son got accepted into McGill so I'll be in Montreal mid-August @Yoona @OrthoSurg and others, in case anyone fancies meeting up...?
  32. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Europe numbers not looking great - we'll know better in a couple of weeks when May numbers start coming in... don't forget we got a big price cut on M3Y in Norway this last week which has not been reported in the mainstream media, I expect other European countries to follow I have no negative...
  33. Max Plaid

    Wiki Selling TSLA Options - Be the House

    "And then he woke up and realised it had all been a dream..." OK, rolled 25c -c270 to next week for +$1...
  34. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Still ruminating over my -c170's, in the meantime taking sustenance with a 6-pack of La Chouffe and watching the markets beginning to pull back a bit... I am of the strong opinion that TSLA is way overpriced at 180 and Q2 P&D will be worse than Q1, so I'm included to just roll the -c170's for...
  35. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Sell, more fool me for not treating this week's 25x -c170's yesterday - I had a limit sell into close, which missed by 5c, should have sold at market, would have been laughing today! Anyway, so not trying to decide the best course of action, to roll: - lot to next week -c170 for +$1 per...
  36. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yeah, it's a bit the same yes, but not quite as intense. The last time I bought a non-Tesla I haggled for some free upgrades and got them
  37. Max Plaid

    Wiki Selling TSLA Options - Be the House

    A report that GF3 has cut MY production 20% for 2Q, but it's from Reuters, so might just be FUD Norway price-cuts have not been widely reported, which I find strange... maybe they keep it in their pocket to deploy when needed I was at Tesla this morning (yet again service on my MXP, getting...
  38. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I just did a non-scientific visual check on TSLA end May - July for the last 10 years and indeed mostly it has performed strongly through this period, although there are a few exceptions, 2022 being one them, where it was more volatile. 2023, of course it popped up about 100% from May to end...
  39. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I'm looking to sell weekly $5 premium puts, want to keep them pretty safe as it will correct at some point and $5 per week will recoup the +p900's I bought to safeguard the shares I was put that will be called away tomorrow, my cash balance will be very happy with that!
  40. Max Plaid

    Wiki Selling TSLA Options - Be the House

    This options lark is a piece of cake, eh?
  41. Max Plaid

    Wiki Selling TSLA Options - Be the House

    BTC 100x -p170 (+$1.65) /-c180 (+$1.7) -> STO 5/31 -p172.50 (+$3.1)/-c180 (+$2.1) Still 25x -c170 in play for this week, they can wait until extrinsic is all washed out
  42. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I just caught up with the "other" thread and I see that there have been some pretty steep price cuts on the M3Y in Norway, up to around 10%, I wonder if they'll be replicated across the rest of Europe, wouldn't be surprised looking at the latest data we have... will surely be a negative...
  43. Max Plaid

    Wiki Selling TSLA Options - Be the House

    I think there's a fair chance my -c800's will get called away Friday, unless there's something dramatic in the earnings call The 5x Jan 2025 +p900 will become 50x +p90's, interesting to see whether that will be more profitable when it comes For TSLA, I'm still holding -p170/-c180 for this...
  44. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Ah - I must admit the print on the charts isn't always the easiest to read for my old eyes
  45. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yeah, I remember going big on the GOOG split, lost me a ton on money... Also surprised NVDA not moving much, I guess these earnings beats aren't really s surprise any more
  46. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Hang on, a few posts up you said we were going to DCB up to 260, colour me confused!
  47. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Has bounced off and resisted at $181 a few times already... Resisting the urge to roll up -p170 to -p180, which is the sort of thing I often do and end up regretting...
  48. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Well, the whole Musk discussion really needs to be over a few good beers together, so I'm not going to perpetuate it from my side or argue the toss, I said what I think and appreciate the civil discourse we're able to have here Now, as for the stock, no surprise to see a pullback today, but...
  49. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Yes, but he hit all the targets for that package in 2021 and then took his eye off the ball, even harming investors along the way with his recklessnes And maybe the earnings weren't as bad a feared, some were even talking a loss for Q1, but it was all pump, pump, pump on the earnings and since...
  50. Max Plaid

    Wiki Selling TSLA Options - Be the House

    Because Musk didn't care about the TSLA SP until his compensation package came back into play, and Q1 earnings were put under hs nose. From several earnings calls where the fundamentals were OK, but everything was doom and gloom, to garbage fundamentals, random layoffs, delayed/cancelled...