KOG poster. Wouldn't know a Road Oil tank from a Treater tank.
The jump was from 11 to 13. That's a pretty big change. I expect the price to remain stable. I ended up selling short, Sept 12.5 puts,expecting them to expire, worthless. .
The people with some are hanging on to them. Are you selling yours? The people without any are eye-balling it. I'm looking for 12.5.
I'm pleased with recent price action. I feel confident that the TSL will be able to maintain this price level. I expect it to climb, little by little, all through the quarter. My Sept short Calls and Puts are likely to expire, worthless. And I've already entered into Oct positions.
Not really. The price is more likely to drop off, and the options expire, worthless. Of course, no one can tell. As you know, when the price changes direction, it does it in multi-dollar jumps.
In a class by themselves. There is no reason to get your nickers in a twist.
11,000 January 2016 $8 puts were sold, all at once, yesterday for over 1 million dollars. That would require about a 10 million dollar maintenance.
Some buyer spent a million dollars to insure his position or to simulate a short position of 1.1 shares via options..
Some seller made a million dollars, expecting the share price to stay above $8 until Jan 2016.
Both people thought they got a good deal. Which one will come out the winner?
A good joke, but a bit dry for me. My favorite line: "The more shorts there are, the higher it go." Great mockery of the mentality of the short manipulation obsessed. Great comment on a stock that has no significant short interest.
It has been proven that no one, absolutely no one (especially you) can reliably, predict the short term movement of any issue. I am very disappointed in your lack of reliability. On your word alone, I took no action. JA
You can make money every week by selling puts at the strike price that pays $1+ per contract. Just one contract could make you over $100 per week. If you get assigned, no problem. Just put the assignment up for sale and carry on. After all, the price is going to the moon. You can't loose. Just don't sell more than you can cover.
Now Bears, you have a chance also. You can sell calls. After all it is going to crash. Same as above, but in the opposite direction.
For me, I'm waiting for my puts to expire, worthless, on Friday so I can sell more on Monday. You couldn't pay me to sell calls on this issue. I wouldn't want to risk being forced to sell short.
By the way, the maintenance requirement is $3,000 to $5,000 per contract.
Look! It went X and nobody noticed. And nobody asked:
Is it too late to get my dividend. Is it too early to sell and keep my dividend.
The people on this board know what they are doing.
Down today. We're in the follow-through. It will last a while, and then it will define a support point. Then we can sell puts. I don't think a large drop is warranted. It is worth no less now than it was before the pre-earnings run-up.
After reading posts regarding shorts from obsessed posters I thought I would try throw in some sanity.
When a person buys a stock, a market maker or specialist may fill the order by selling short in the hopes of covering in the next second or two for a tiny profit. The settlement date is in 3 days. On an actively traded stock, this process shows up as 2.5 to 3 days of the "Days to Cover".
There is no war going on between shorts and longs, except in some peoples minds.
Sorry neither longs or shorts are manipulating your stock. LONG OILS. Give me a break.
By the way, the TSLA short interest is insignificant.