Posted by elementsix on 20th of Jul 2020 at 01:30 pm
Matt/Steve or others. TSLA - Would love some thoughts on options
trades around earnings. I've been avoiding most earnings trades
because of the craziness of the markets which often seem to move
completely uncorrelated with results lately. I'm hesitant to just
go long TSLA Calls (even though I am very bullish) so thinking a
straddle/strangle to manage risk. Love any insight or ideas people
have. Thx
as far as complex option strategies many of you guys would be
better at that than I would. I know some of you had TOS accounts
etc. I'm no options expert. I know how to buy and sell
options, do some covered calls, sell puts. But I have not done many
of the complex strategies like straddles, strangles, bull and bear
spreads. So some of you more advanced guys can look into
those
TSLA 60 min tight coil
Posted by matt on 20th of Jul 2020 at 10:40 am
TSLA - Chart Link - tight coil on this time frame
Update: TSLA 60 min tight coil
Posted by matt on 20th of Jul 2020 at 01:49 pm
TSLA - Chart Link- TSLA hit the measured move of the height of the coil
probably get back to ATH
Posted by arun on 20th of Jul 2020 at 02:11 pm
probably get back to ATH before earnings
Update: TSLA 60 min tight coil
Posted by matt on 20th of Jul 2020 at 01:11 pm
TSLA - Chart Link - VERY nice trade. Arun asked for a target, well the initial target of the coil was hit see dotted symmetry
again this week Wednesday earnings are important because if they post a profit again they will be added to the S&P 500
Matt/Steve or others. TSLA -
Posted by elementsix on 20th of Jul 2020 at 01:30 pm
Matt/Steve or others. TSLA - Would love some thoughts on options trades around earnings. I've been avoiding most earnings trades because of the craziness of the markets which often seem to move completely uncorrelated with results lately. I'm hesitant to just go long TSLA Calls (even though I am very bullish) so thinking a straddle/strangle to manage risk. Love any insight or ideas people have. Thx
as far as complex option
Posted by matt on 20th of Jul 2020 at 01:32 pm
as far as complex option strategies many of you guys would be better at that than I would. I know some of you had TOS accounts etc. I'm no options expert. I know how to buy and sell options, do some covered calls, sell puts. But I have not done many of the complex strategies like straddles, strangles, bull and bear spreads. So some of you more advanced guys can look into those
Thanks Matt. I'd welcome advice
Posted by elementsix on 20th of Jul 2020 at 01:35 pm
Thanks Matt. I'd welcome advice from anyone else here as well... (oh and there goes TSLA again)
For a stock like tesla,
Posted by arun on 20th of Jul 2020 at 01:43 pm
For a stock like tesla, I would keep it simple - buy calls and be done with it.
I have my usual problem
Posted by lapri24 on 20th of Jul 2020 at 01:23 pm
I have my usual problem of figuring out when to exit the trade. Either I get scared and sell too early, or I get too greedy and sell too late.
The call I bought this morning when TSLA was flat-lining now has about 70% profit. Sell or hold... How can I figure out?
Cool... your technical analysis is
Posted by arun on 20th of Jul 2020 at 01:21 pm
Cool... your technical analysis is just amazing...Thx Matt & Steve
TSLA - Nice Trade! Caught
Posted by elementsix on 20th of Jul 2020 at 01:19 pm
TSLA - Nice Trade! Caught that for about 60 pts with calls.
nice matt. Where would the
Posted by arun on 20th of Jul 2020 at 12:47 pm
nice matt. Where would the target be
Finally popped to the upside...
Posted by lapri24 on 20th of Jul 2020 at 12:38 pm
Finally popped to the upside...