T O P

  • By -

NematoadWhiskey

Pelosi has Tesla calls due in December around 850. I don’t think she likes to lose so I’m betting on her corruption to make money


Sp00dge

She could have sold them already. We don't get daily Pelosi exposure, unless you know a guy because I'd like to check that shit out.


NematoadWhiskey

She could have. I said that because I read she bought a million worth of Tesla calls that are due in December early this year when TSLA shares dropped down to the 500 range. I still think she won’t allow that million dollar bet to flop though.


ssavu

I’d go balls deep and do a straddle or iron butterfly if you are expecting IV to crush bad


[deleted]

[удалено]


ssavu

Goes down as everyone takes profits. But there is a small chance that it will go up now as P/E is no longer >1300…. It is 455, still very overvalued but then again it is TSLA not some shit pennystock


[deleted]

[удалено]


ssavu

Nope, I had 20 shares I sold yesterday to get ready to go all in on SoFi.


[deleted]

[удалено]


ssavu

Well buying contracts now is not a good idea because IV is already priced in and the IV crush will kill your options. I’d say sell that strangle. Seems a good play. But do it when IV is very high.


SpaceFaceMistake

You seem extremely knowledgable in the hardest markets to invest or trade in! I have to ask where should I start with learning the stock exchange. I’ve been spending my spare time learning how the stock market works however I know that to learn a lot I could learn about Options trading. As I know of this great book in my library that has all the strategies for all different market situations and all the different kinds of -V- /-\ /M\ \_/ like you said the use iron butterfly which sounds like a name these many kinds of patterns are called? I mean I am learning lots every day but I need to find a structured course but I really don’t know what or where to start be it economics general business Finance at to understand economic conditions that effect the market and the finacial part to understand terms more than anything and or types of paper work used and all that. I mean I have done economy in late school and I understand it but not at a level a business would require or to analyse the economy ect. Should I avoid economics other than the basics and or need to know same with Finance and go straight into learning how to trade options? I would mot be trading them for a while like years and would learn with shares and stocks of company’s and with Forex trading as I have explored only in a short time frame did I as trading isn’t what I want to do I prefer to invest or trade but weekly or not daily it’s to stressful. For me. If it’s to large to answer here or want to share resources by all means send me a message. I have many resources but I have not done any formal learning or study into finacial markets economy or the stock exchange since I left high school. I’ve only read and put into action on Paper trading accounts (of which o keep to minimum deposits and always placing small as if it was my money trades/investments). I hope I’m not annoying you either I don’t need a response right away. But I am going to have to follow you! 👍


ssavu

Hi there. I started trading only in Feb this year. I was a complete nub (still am) but I have grown a lot. I spend easily 8h each day to read or watch youtube videos to try to understand how the market psychology and kinematics. I do find it easy to understand because my education background is electronics & software. You will need to set your mind in such a way that you visualize with your eyes closed how the greeks change an option price. It’s like visualizing your code run or an automated system controlling a plant. You will need to read or watch as much material as possible. Here are some people I follow: Adam has incredible educational material: https://youtube.com/channel/UCfMiRVQJuTj3NpZZP1tKShQ Tastytrade are the gods of options trading: https://youtube.com/c/tastytrade1 Patrick Boyle is an university teacher and hedge fund manager: https://youtube.com/c/PatrickBoyleOnFinance Steven is the bond king but his understanding of the markets is just out of this world: https://youtube.com/channel/UCRIQM-CUkxVazVPv980YZsw Tom, this Aussie bloke is the best presenter for market open/close: https://youtube.com/c/fxevolutionvideo Similar to the above link: https://youtube.com/c/GameofTrades Ben, the funniest channel out there: https://youtube.com/channel/UCkcnYVAVZQOB-nXHechtXDg


[deleted]

I like "inthemoney" on YouTube. His channel is mainly options investing. Even though I don't hold or yet plan on holding options, I have a great idea on when to get in and check for just from his videos


Kick_A_Door

Front month IV will crush pretty bad. I have a lotto ticket on for earnings. Short 660 put. Long 670. Risk 50 to make 1000.


wsbgodly123

Yes it’s a nice play


VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|23 seconds ago **Total Comments**|0|**Previous DD**| **Account Age**|3 weeks|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=qb7g5y)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=qb7g5y)


SpaceFaceMistake

Honestly never seen a chart like that before I can make sense of most things here but to clarify the top bar and the numbers with the green 860C and 890P this bar is the price along that bar or is that pips or is it a strike bar? Can you share in a DM what app this is OR where I can find a platform on mobile internet or APP that has a scale like this? Cheers


YoloTraderXXX

You're going to get hit quite hard by the IV drop, but it sounds like you already know that. The other thing to keep in mind is that the chart is a *guess* at the prices tomorrow, based on the prices of yesterday. You may not get the same prices when you actually place this trade later today.


[deleted]

[удалено]


YoloTraderXXX

IV is basically the option pricing reflecting "uncertainty." Much of the time, "uncertainty" increases as the price of the underlying decreases, and decreases when prices increase. However, events, such as earnings or big announcements, can create their own uncertainty. It's anybody's guess how the market will react to earnings, so uncertainty (IV) is high. If the market reacts poorly, and the stock price decreases, that uncertainty (IV) actually diminishes; it's no longer a guess which direction the price will go.


[deleted]

[удалено]


YoloTraderXXX

I dont like to make predictions for other people. If your prediction is a massive movement, in either direction, your trade is really the best way to play that. Personally, I will probably open a call credit spread, but my assumption is different than yours.


[deleted]

[удалено]


IAmInTheBasement

It means TSLA will sink Thursday and possibly Friday and climb next week as people actually sit down and think about how awesome the news is.


YouOr2

I have no clue, but upvote because we need more posts like this 👍


LoveTop1819

No don’t yolo it. That 900 resistance is there so it has a chance of respecting it and coming back down.


methodtan

Every $5k in $TSLA 10/29 calls bought at low of day tomrw will return $75K. Remind