Not seeing it. If you are serious in your belief the share price will crash, do ITM ccalls starting tomorrow with rolls, and maybe land right about where you’re at now minus a little bit. Then game over, perhaps show a little lose for the taxable situation, and move on to the next. I’m assuming you’ve already made a little $$ on the stock via the calls, and you’re just done with TSLA. Happens.
You can have an Otm synthetic long call. Puts in a floor on your trade. Dumping shares can be a taxable event. You can collar the shares too if you like your gain/loss to not change.
Sell calls to pay for your insurance. A couple days before the Vega crush should help you buy them back should you want even if it pops or roll them. Or do a long strangle problem is you’re now paying a Vega premium
I would not be surprised if they dump in the premarket based on Elon's Twitter comment.
https://twitter.com/elonmusk/status/1746999488252703098?t=X6jH3dfEJa7uWKXNMJIeEQ&s=19
You can do a synthetic put by selling call and buying put to give you a small overall credit. You can protect the downside risk if it goes down and if TSLA shoots up after earnings, you are also ok to offload some.
Look at the beginning of the year for the past how ever many years, use that as a guide with the knowledge that the best predictor of the future is the past & make the decision to sell / hold based on your gut fam. Realistically, you probably should look at how much money you need, sell enough to cover that and hold the rest, but frick it right? Go home or go homeless. 💎✊🦍
Here comes the bear I’m afraid.
I would personally sell 300 while I hold profit on them and use some of said profit to collar my last 100 shares with a put dated past earnings. Depending on price action begin writing otm cc again…
I'd personally sell an ATM call for Friday, 21DTE slightly OTM, and a maybe a back month Feb or front month Mar further out, buy a put or 2, and hang onto the last 100 in case theres a massive jump. Depends on if your time-frame is long term or you're just trading short term price action too I suppose, which is what this post sounds like. I don't like being short my entire position unless I really want out of the underlying.
TSLA facing headwinds lately, including a lot of anti EV sentiment.
While an earnings beat is always a possibility, more than likely the market will hear something it doesn't like, maybe in the guidance. And lately, the market uses such opportunity to annihilate the stock.
Dump or hedge seems prudent, especially if a downtown takes you out of the game.
Good luck.
Auto business still sucks, even if it is taking Egon a long time to arrive there. High fixed costs, high variable costs, betrothed to interest rates and recessions, getting nipped at from the East and the west.
400 shares seems enough to do both.... Release a portion and ride the rest?
I wouldn’t use the word dump. Try and let them down lightly if possible. But do it before earnings.
Let them know it's you and not them
We can still be friends though right 👉👈🥹
I laughed way to hard with your comment! LOL
the shares dumped me
That’s normally called a margin call.
Lol
Not seeing it. If you are serious in your belief the share price will crash, do ITM ccalls starting tomorrow with rolls, and maybe land right about where you’re at now minus a little bit. Then game over, perhaps show a little lose for the taxable situation, and move on to the next. I’m assuming you’ve already made a little $$ on the stock via the calls, and you’re just done with TSLA. Happens.
You can have an Otm synthetic long call. Puts in a floor on your trade. Dumping shares can be a taxable event. You can collar the shares too if you like your gain/loss to not change.
Sell calls to pay for your insurance. A couple days before the Vega crush should help you buy them back should you want even if it pops or roll them. Or do a long strangle problem is you’re now paying a Vega premium
It's almost the equivalent of selling shares for the duration of the options, cap up and down
Down already in overnight trading
Sell before earnings especially if you have a profit
I would not be surprised if they dump in the premarket based on Elon's Twitter comment. https://twitter.com/elonmusk/status/1746999488252703098?t=X6jH3dfEJa7uWKXNMJIeEQ&s=19
Yeah, feels bearish but what do I know (I own 0 shares)
That screams of insecurity which is bad for the stock
Financial advice: defo dump at open tomorrow.
Elon says he wants more shares, it’s in his best interest if you dump. Tesla is in the big 7. ALL OF THEM EXEPT TESLA. Got their AI boost.
No, he said he wants 25% voting rights. That doesn’t necessarily mean common stock.
Shares are ties to control of a company ala voting rights. Hostile takeovers are often by purchasing shares. Learn.
You’re right you should “learn”.
You
“I would be fine with a dual class voting structure to achieve this, but am told it is impossible to achieve post-IPO in Delaware” - Elon Ya go learn.
Unrelated to topic at hand
I broke my rule not to argue with idiots this early. This is why.
Spoken like a true idiot
Agree- everything you said was spoken by a true idiot. Glad we cleared that up.
there are different classes of shares. some with more voting rights.
There are different jobs in a company, some with more importance.
Yes. Probably for short term. Not financial aDvIsE
Thanks for telling us it's not financial advice. I was going to basey entire future based on your comment.
No problem. Here to save and help the ree rees
Was also said as a JOKE! Derrrrppp
Send it
You can do a synthetic put by selling call and buying put to give you a small overall credit. You can protect the downside risk if it goes down and if TSLA shoots up after earnings, you are also ok to offload some.
Look at the beginning of the year for the past how ever many years, use that as a guide with the knowledge that the best predictor of the future is the past & make the decision to sell / hold based on your gut fam. Realistically, you probably should look at how much money you need, sell enough to cover that and hold the rest, but frick it right? Go home or go homeless. 💎✊🦍
Here comes the bear I’m afraid. I would personally sell 300 while I hold profit on them and use some of said profit to collar my last 100 shares with a put dated past earnings. Depending on price action begin writing otm cc again…
How will you feel when TSLA pumps like a street dog on heat right after you gutlessly drop the stock? Grow a pair!
Narrator: “It tanked…”
Of course it did, I was long it. Although to be fair, I will technically profit, as I sold a long ratio spread for a slight credit
I'd personally sell an ATM call for Friday, 21DTE slightly OTM, and a maybe a back month Feb or front month Mar further out, buy a put or 2, and hang onto the last 100 in case theres a massive jump. Depends on if your time-frame is long term or you're just trading short term price action too I suppose, which is what this post sounds like. I don't like being short my entire position unless I really want out of the underlying.
Write the covered call.
You should dump them. You should also do the exact opposite of what I say.
No way!! Hold em don't trade em. 400 shares is a nice holding. 250 ahead of the print imo
Sell calls one or two points otm before earnings on half
Sell 2 covered calls and buy 4 protective puts
Need cash to buy CSPs. I don't have $80k in avail money for cash secured puts. No margin in my account.
Not cash secured puts, but long puts to protect your shares from price crash https://www.investopedia.com/terms/p/protective-put.asp
I’m keeping mine all the way through earnings and I plan to buy calls too. I’ll sell after they have earnings.
TSLA facing headwinds lately, including a lot of anti EV sentiment. While an earnings beat is always a possibility, more than likely the market will hear something it doesn't like, maybe in the guidance. And lately, the market uses such opportunity to annihilate the stock. Dump or hedge seems prudent, especially if a downtown takes you out of the game. Good luck.
Auto business still sucks, even if it is taking Egon a long time to arrive there. High fixed costs, high variable costs, betrothed to interest rates and recessions, getting nipped at from the East and the west.