US OptionsDetailed Quotes

TSLQ250516P22000

Watchlist

0.80
+0.45+128.57%

15min DelayTrading May 9 13:43 ET

1.35High0.55Low

Tradr 2X Short TSLA Daily ETF Stock Discussion

Amy719

19 minutes ago

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

Deep Sea

44 minutes ago

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

MostTalentlessTrader

4 hours ago

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

4 hours ago

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

5 hours ago

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

Report
Reply

Cancel Reply
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.

Report
Reply

Cancel Reply
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..

Report
Reply

Cancel Reply
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?

Report
Reply

Cancel Reply
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

Report
Reply

Cancel Reply

View more comments...

Liangpopo

14 hours ago

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ 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

Kishen bossku

May 6 21:28

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$

Tradr 2X Short TSLA Daily ETF(TSLQ) 27.740 0.00%

MoneyMind

May 5 10:34

GOOD TIME TO BUY AGAIN ?

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$

74811636

Apr 30 06:06

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$

TimberFire

Apr 29 23:05

$Tradr 2X Short TSLA Daily ETF (TSLQ.US)$ I bought in at 27. Anyone can kindly advise how long I can hold this ETF for? I heard cannot hold long term..is there an expiry or something?

No comment yet