三心,you can open 460-500 (or wider) ratio call spread now

o
opst
楼主 (文学城)

to lock some profit. (if you don't mind hava a naked short 500 call. or if you have shares to cover it). 

As long as it bounces within this range, either put ratio or call ratio will print green. :)

三心三意
Good idea. Today's high will be there for a while.

I do have shares so this will just be printing free money, i think, no risk.

Worst case, I will let shares to be called

三心三意
Very happy with my TSLA 340/370 so far :)
三心三意
OK, just bought 460/490 call ratio (1:2) with credit of 13.

Combined with $14 put ratio credit, worst case here will be to get called away on my shares at 547, or to buy more shares at 423 :)

Thanks for the great reminder!

o
opst
haha, you are greedy in collecting premium :)
三心三意
nah, I am just watching waves and is betting It can’t go beyond
三心三意
if I am wrong, my shares get called @547 that is still 60%
三心三意
not bad for just 30 days of trading :)
o
opst
this is worst case scenario. best case you will collect

additional 15 - 30 at expiration without losing your shares. :)

三心三意
yes, I always consider what’s worst first, lol
a
aloevera
I was out the whole day, missed you guys action plan!

Such great idea!

a
aloevera
Genius idea! I will try to implement that, too! what is

your call and put ratio spread expiration dates? 

a
aloevera
call or put ratio? or both?
a
aloevera
not 60%, 547/370-1=48%
三心三意
Mine is 3/7
a
aloevera
Thanks! I have meeting tomorrow, Hopefull will find the time

to do it. 

三心三意
Yes, math is bad:)
三心三意
see earlier post yesterday, TSLA is call ratio spread
a
aloevera
Found it, thanks a lot!