How to get out of Tesla short put positon

[FriskyCat]

Well, hopefully he closed it out.

 

[ironchef]

Well, hopefully he closed it out.

My guess is his broker did it for him.

 

[Tony Optionaro]

will be a good idea to buy back and sell for the lower strike next week?

Yes, that's equivalent to shitting in your bed and sweeping it to floor with your foot.

How on earth do these people end up trading options

 

[zdreg]

Ride it out until expiration, It will probably expire worthless and you'll be in the money. I see TSLA above $500 by Friday!

Kind Sir,
Is there any chance you will never post again?

Tesla 361.22 USD−68.98 (16.03%)
However there are still 2 days to go.

 

[RainMaker3000]

Kind Sir,
Is there any chance you will never post again?

Tesla 361.22 USD−68.98 (16.03%)
However there are still 2 days to go.

you win some you lose some...

 

[zdreg]

you win some you lose some...

To paraphrase Jim Rogers I wouldn't sell naked puts on Tesla with your money.

 

[NewTraderAdventure]

you win some you lose some...

you're a proven jackass

 

[zdreg]

Kind Sir,
Is there any chance you will never post again?

Tesla 361.22 USD−68.98 (16.03%)
However there are still 2 days to go.

one day to go. 64 pts. to go. not bad. almost like a flip of a coin.