you'd be singing a different tune if it had gone your way. Don't mess w/options until you fill the knowledge gap. But I'm rooting for you regardless.
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Moron . Naked put options otm Friday. BUT stock price went down after hours...interactive brokers
- Thread starter pointbob
- Start date
Yer not dead yet. Trump could tweet that the world is all bright kittens and rainbows tomorrow. You just never know.
I am sure the sell-side was informed that the S&P index committee was meeting on Friday, hence the vol-bid into the close. It's analogous to an earnings release. I think the shares would have been hit before the close if the actual decision was leaked. As such, they simply bid up the vola. S&P's Chinese Wall seems intact.
I think he was short 10 of the 405s, got assigned, and is now long 1000 shares at 405, which were trading in the 390 range after the announcement.
Vol is going to be jacked on Tuesday's open, so I like the idea of selling upside calls, which they'll crush on any relief rally.
Which strikes would you choose and based on what? I assume above 405 at least?
um the important people found out about the sp500 not being included on wednesday and who even said it might be included then que the stupid bs biggest shareholder reducing shares because they had too bahaha right.
tesla dropped 18% because smart money can see and pick up what insiders are doing based on just strictly data. they dont need to actually know the inside scoop they can sniff it out in the data.
lets be honest as humans. if a few people know and make weird trades the algos pick up on it for sure and trade off of it instantly its not insider information its just being a data sleuth and saying whoa..the computer picked up these odd trades again right before the big announcement of this news. hmmm..it says highky probable that some info has leaked and its negative for tsla. ok lets sell..or buy puts etc well the puts are expensive. exactly well we must be right then they are expensive because its selling is highly probable.
its being abke to see the full picture in the real data and what to do with it. thats all and sure some were are tipped off in all of it.
i have had tips n whispers n insider stuff in the past but never know what to do with it or when because usually there is a time gap between the insider info actually happening
tesla dropped 18% because smart money can see and pick up what insiders are doing based on just strictly data. they dont need to actually know the inside scoop they can sniff it out in the data.
lets be honest as humans. if a few people know and make weird trades the algos pick up on it for sure and trade off of it instantly its not insider information its just being a data sleuth and saying whoa..the computer picked up these odd trades again right before the big announcement of this news. hmmm..it says highky probable that some info has leaked and its negative for tsla. ok lets sell..or buy puts etc well the puts are expensive. exactly well we must be right then they are expensive because its selling is highly probable.
its being abke to see the full picture in the real data and what to do with it. thats all and sure some were are tipped off in all of it.
i have had tips n whispers n insider stuff in the past but never know what to do with it or when because usually there is a time gap between the insider info actually happening
Depends on where the stock opens up. At 390, the 420-430 strikes will still have some meat.
But the stock is likely to be much lower, some calling for sub-$350 on Tuesday's open...so he might have to sell the 405 strike or lower if he's determined to ride out his long TSLA position.
He could keep selling upside weekly synthetic straddles to get his cost basis down, so he doesn't have to wait till the stock goes back to 405 or higher to dump his shares.
FWIW,I am (almost always)short the upside
skew in TSLA.Its been flattening..Not so sure about the upside vol getting any more jacked,but I hope you are right..Long live Robin Hood
skew in TSLA.Its been flattening..Not so sure about the upside vol getting any more jacked,but I hope you are right..Long live Robin Hood
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