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Tradr 2X Short TSLA Daily ETF Stock Discussion

74892763

May 10 14:16

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ Still waiting on that jump 😂

Deep Sea

May 10 09:55

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$
I’m long in this ETF. My DCA 24.xx. Waiting for Tesla to drop next week. It is no longer a growth stock and high P/E 146 don’t justify for its current high share price. The stock is worth around 200 to 220 only.

Amy719

May 10 01:47

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ 我已all in 补满仓

Deep Sea

May 10 01:22

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$
Hopefully, EFT can close at 26 today.

MostTalentlessTrader

May 9 21:23

CONFIRM 320

$Tesla (TSLA.US)$ $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ $Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ FOR SURE IF NOT I CHOP

MostTalentlessTrader

May 9 21:10

BULLISH CANDLE

$Tesla (TSLA.US)$ $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ $Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ 320 AT LEAST EOD, 355 is bonus

MostTalentlessTrader

May 9 20:41

PUTS GONNA DIE TODAY

$Tesla (TSLA.US)$ $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ $Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ any last words?

10baggerbamm : I have a lot of puts I'll have you know... I have 500 puts between the 9.50 $9.. I sell puts every week on Tesla I want them to die.. lmao... and I'm selling puts today for next Friday's expiration my orders are already in

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Naminori なみのり : @10baggerbamm Your goal with tsll is to collect premium by selling puts, either without getting assigned shares or being okay with assignment, so you can then sell covered calls on the assigned shares.

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10baggerbamm Naminori なみのり : correct so when it was really getting slammed couple of weeks ago I was buying the stock the leveraged ETF outright and I was also selling just out of the money puts the premiums were terrific real short term one week and I didn't care if I got put the etf/stock because I wanted to accumulate a position so whether I was buying it long at that point or selling the puts and if I got assigned I'm fine with it.
then we started trading sideways chopping and I began selling half of my position out of the money calls. now that we've got the stock moving higher I'm not selling any calls right now because we're literally right at a point of potentially breaking out number one number two we got robo taxis coming up in June.
and I don't want to lose the stock to collect 75 cents or 50 cents whatever it is or even a dollar when if everything goes as planned and it's a huge successful event the world's talking about Tesla at that point again.. not to mention that it's heavily underweighted by institutions they unloaded it on the way down so now they're going to build a position again going into this event..

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Naminori なみのり 10baggerbamm : @10baggerbamm thanks for sharing your view. im just curious, when selling weekly puts on tsll, do you usually pick a strike price close to the current trading price (like $11 now), or do you base it on support levels or the delta?

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10baggerbamm Naminori なみのり : so right now when you have the ETF training higher I tend to avoid selling the puts I did sell some this morning before it really went vertical but the premium comes out quite a bit so I try to sell ideally on down days that's when your volatility premium is greater on puts . so there's two ways that I look at it I sell puts to generate an income and I look at the charts and I do my best to figure out at what point can I sell it at that's realistic where I don't believe the stock's going to trade down to in the next week on expiration I don't think it's going to be there at all throughout the week and I don't think it's going to close at or below that on expiration day which obviously Friday's expiration.
so as an example a week ago it's banging back and forth $9.60 $9.70 and even got there this week so I was selling $9.50s and $9 strikes and then the week before when Tesla was lower I was 50 cents to a dollar out of the money as well
you have to make damn sure when you sell the put so you do the entry correctly because I've had some fast fingers and I've screwed up over the years a couple of times and if you don't catch it right away you can really have a trade go against you that's number one number two what I'm selling puts they're all cash covered I've got cash in my account to cover those positions in the event that I am put that stalker the ETF.
so even though a lot of times I'll say I'm selling naked puts they are a cash covered position so if I'm selling 200 contracts of a $20 strike.. I've got $400,000 to cover in the event that I'm put that stock or ETF.
so you need to understand options before you do it every contract is 100 shares so 10 contracts is a thousand shares. so you need to make sure you've got the money in the account prior to doing the trades because what you don't want to do is being a position that you have to liquidate something at a loss because you entered the wrong amount of contracts. or worse you got to buy back the contracts at a loss because you entered them in correctly

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Liangpopo

May 9 11:43

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ this is really a case of markets can be irrational longer than we can stay solvent. don’t understand how this hopeless company can soar