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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST

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To: Julius Wong who wrote (165615)12/1/2020 5:00:39 PM
From: TobagoJack   of 219451
 
Following up to Message 33067457 Tesla (TSLA) campaign, and so starts the dangerously delicate operation to untangle good value from toxic cr@p

Sold 20% of the Long TSLA December 31st Call strike-700 at 170% gain, and leaving rest of longs (green) and shorts (red) in dangerous place, the wagering table. Ideally pull out the green and let the red rot, without getting a call on stuff I do not have but promised to deliver.

Am now, option-count net short TSLA.


Of the entire order of battle, the center of gravity is between long Call February strike-700 and long Call March strike-600, w/ the short calls evenly distributed across the entire time axis between 11th December to 19th March, such that de-risking happens faster on the short side by way of time-decay.

Very exciting, and if done right, completes the work for 2021 before the bottom possibly falls out of the market by perhaps late-March to mid-April, a wild guess, on this side of May. Anyhow, that be the working premise.

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