Recent content by dc_h

I think an inverse strangle is called a straddle, and the focus is on gathering theta, with an assumption all will go sideways or end sideways, no ups no downs.

I have cleared out almost all my CC's, but waited for max pain to get us back ~177 and sold 10 @ 192.5 for next week. I'll sell another 20 on Monday, but want to wait for any move. Premiums are very low, 192 is less than 10% out of the money for .52. For all the daily ups and downs, the weekly...

I hope sell is the trade. I have 175 and 172.5 puts, 180 calls (they were 177.5 and sold 2 for one to move them to 180), as well as 185, 187, 190 and 195. If I can clear out the near money calls this week, I'll move to weekly OTM trades. I sold the 195's last Friday. Very boring trade, but I...

Have you watched Blade Runner?

Perhaps it was a good miss. Always hard to not want to reverse course with the market, when often going against the short term is the profitable opportunity. I sold more 195CC's yesterday and sold some puts this morning around 180/181. We could bounce back up, but this seems like market makers...

It could be bad for the vote, or they may just want a solid majority. If they win with 51% of the vote, it is not a strong vote of confidence. It is unfortunate they don't address the BOD and the package in a way to inspire more confidence that Elon won't break the piggy bank again.

I remember that - you shared your trade and I tried to follow, but the option price had already gone up a few cents and "was too high" by then.

I’ve noticed that a lot of very smart people do high impact dumb stuff. It works out if they have a feedback mechanism and not a feedback loop. The alien dreadnaut disaster was resolved because Elon had a team to bail him out and who anticipated he was wrong. That feedback process seems gone for...

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.

I'll roll them down as the week progresses, assuming we don't run into the 180's and try to roll in some July 220 calls.

Annoyed at myself. I sold 20 187.5 calls too soon this morning. Busy and didn't wait for a top. Closed 165 puts as we hit 175 and will be glad not to sweat them this week. Would still like to see green on the Model Y too.

The color issue is especially true in the USA where you have two plants. Why not make different colors in the two plants.

I hate selling puts. I just rolled P170 to next week. I could have bought it back this morning, but figured it was safe. I have a harder time staying rational and rolled when we with 168, but should have waited until after 2 and all extrensic value is gone and we likely circle back and close...

You are relentless! I've been sweating (not much) 5 170p and was sweating 5 185CC. I appreciate your insight into getting out of trades that don't go your way. I bought 140 calls to 2x 160 calls to get them closer to strike. I can roll them out to next week for a small credit and wait for a...

"220, 221 whatever it takes"