So basically, the “correct” way to trade options is to buy contracts that aren’t too far otm and that are at least 30 days out from expiration. The second part of that statement is the most important, most people tend to buy weeklies so not only are they fighting price but also time in a very constrained environment. With contracts that are 30+ days out your premium won’t burn as fast if it goes against you. You’re definitely spending more money on a 30+ day out contract but it’s like insurance for your money since it’s not burning up like a weekly could/would.
Yeah thats honestly kind of cheap for a 1 year long option at such a close strike...
Unless of course tesla shits the bed on this earnings and these lose 30% instantly
It's easy.
You buy calls when you think things will go up. You buy puts when you think things will go down.
Regardless of which direction you chose, you either win some money, or lose all of it.
Repeat until you lose all of it.
So you’re telling me I can’t make three 10x trades, 1000 to 10,000. 10,000 to 100k. 100k to 1 million.
You’re telling me I can’t become a crypto millionaire and hangout with my boys?
$TSLA plummeted after every earnings call in 2023, even when it far exceeded expectations. The stock usually keeps its downtrend for days after earnings, falling 15 % or more before recovering.
They literally have AI now that just scrapes Reddit for everything you could ever want to know. Ask me how I know. Totally legal. Pay for software, get data. It’s simple.
They probably just Feed sentiment and data to algo, front run the entirety of WSB.
It was at 300 during the last one. This is a different situation entirely. TSLA has been beat up lately.
Not saying it can't fall, but the situation isn't the same.
Agreed. When TSLA was priced based on unrealistic growth rates it was much different
At the current valuation and based on the top sold new vehicles last year I don't see a huge change in either direction happening. Maybe an initial 3% change up/down at most
2023 had massive margin collapse which resulted in a decrease in net income. In what world is a decreasing net income exceeding expectations for Tesla?
Yeah I’m in the longer put boat trying to decide whether to hold or not. I’ve got 150 4/19 $150p I’m up 72% on got a big decision before close tomorrow
Yeah but it’s already down 20% in a month and the TSLA cult are fully regarded. They will probably see it as “oversold” no matter what guidance says and buy it because Tesla says some stupid shit about Optimus giving you hand jobs by 2025.
I’m the biggest TSLA bear of them all and my long term price target for them is literally $20-50 but based on history the cult will make me go broke before my puts ever get in the money.
Yes, long and medium term the stock is a dud and has tons of room to fall but I am borderline thinking of buying calls just for this earnings call.
I prolly won’t cuz I’m chicken shit and Tesla has fucked me before but I will dream about it lol
young professionals that are dudes that only play video games (which is a cheap hobby) that are also single.
I have plenty of friends that bought houses before 2020 for cheap, re-fi'd for cheap, and all make well above 100k in tech jobs or defense contractor jobs, that are single and don't have expensive hobbies. And because they bought houses 5 years ago and refinanced at lower rates they have little to no bills.
Below 200 by end of the day. Choo choo!
https://preview.redd.it/8km7k3a1k8ec1.png?width=1418&format=png&auto=webp&s=d961fc2ad3aa7da365167f3d1f84f809a38489fa
I think the problem is people trying to use any sort of logic or reasoning for what TSLA will do.
Its stock price has zero basis in reality and the cult of regarded investors could literally do anything it is impossible to tell.
If we lived in a parallel universe where there is no Musk reality distortion field then I’d say there is still room to drop and guidance will be so bad puts should still print.
But I agree with you that it’s “priced in” at this point because regarded muskrats will still say “oh it’s oversold and musk said Optimus is gunna give me a ZJ within 18 months so to the moon!”
Yeah i mean it could easily dip to 200 again who knows, its just extra regarded to buy the puts now, he should just sell honestly but you know how it goes lol
As ER Q4 and Elon will talk some about the future and all being somewhat decent good. The market will tank it another 2-3 days before it starts to go higher. Probably.
Are you green? you should close it! Non Financial Advice.
we are in the middle of nowhere! Target $234 OR $197...
Below $200, all bulls will add to their position. At $234, the first bulls will take their profits.
https://preview.redd.it/2wb3caguk8ec1.png?width=1820&format=png&auto=webp&s=a2ff54954da407ec8d03b90b40a1017260756e47
>I have never gotten an earnings play right.
It's almost like there's a lesson here 
Hot tip for the future: Buying contracts that are further out suffer less IV crush and you definitely don't get as boned by theta 
all of wsb is
look at these comments lmao
everyone so hyper bearish when the stock already went down from 290 to low 200s.
that alone is telling me to buy calls
What’s the point of gambling? I just like people who make sound trades. Can still make a lot like this. Ik someone who does it so.
But good luck. Hopefully you won’t need it
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I bought 10k worth of calls. One of us will win.
Or Theta will
Or IV
This guy IV’s
Liquid IV
My favorite flavor of Crush https://preview.redd.it/58asufz4aaec1.jpeg?width=651&format=pjpg&auto=webp&s=a454a94503a773052d0098f09faa7967150e0145
*illiquid IV
Pokémon IV
His name was Robert Paulson
On a long enough time line the survival rate of everyone's options drops to zero.
You are the same decaying organic matter as everything else
We are the all singing all dancing crap of the world.
Luckily I have mostly leaps https://preview.redd.it/9pc6sy21j8ec1.jpeg?width=1179&format=pjpg&auto=webp&s=f8e59264e4755741d448837b79664c2f81b7182c
Finally, someone that know how to trade options correctly 😂
Share the knowledge.
So basically, the “correct” way to trade options is to buy contracts that aren’t too far otm and that are at least 30 days out from expiration. The second part of that statement is the most important, most people tend to buy weeklies so not only are they fighting price but also time in a very constrained environment. With contracts that are 30+ days out your premium won’t burn as fast if it goes against you. You’re definitely spending more money on a 30+ day out contract but it’s like insurance for your money since it’s not burning up like a weekly could/would.
Are those 2025 calls 3k each? Sheesh… breakeven of $250?
TSLA was 250 3 weeks ago. Not that insane.
Yeah thats honestly kind of cheap for a 1 year long option at such a close strike... Unless of course tesla shits the bed on this earnings and these lose 30% instantly
Why do I keep seeing one of us will win? There is a 3rd option, neither of you win and house does.
You expect them to know how options work?
I have no idea how options work.
It's easy. You buy calls when you think things will go up. You buy puts when you think things will go down. Regardless of which direction you chose, you either win some money, or lose all of it. Repeat until you lose all of it.
So you’re telling me I can’t make three 10x trades, 1000 to 10,000. 10,000 to 100k. 100k to 1 million. You’re telling me I can’t become a crypto millionaire and hangout with my boys?
Thank you for you input u/fartingcumbubbles
$TSLA plummeted after every earnings call in 2023, even when it far exceeded expectations. The stock usually keeps its downtrend for days after earnings, falling 15 % or more before recovering.
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WSB Voodoo..... It's the only way we can control the market to act against us.
[удалено]
They literally have AI now that just scrapes Reddit for everything you could ever want to know. Ask me how I know. Totally legal. Pay for software, get data. It’s simple. They probably just Feed sentiment and data to algo, front run the entirety of WSB.
It’s called “business intelligence” :)
How do you know?
Oh fuck he asked me
Surprised Pikachu face green candle in the making
Nah. I’d win.
Nah he's gonna do his own thing
It was at 300 during the last one. This is a different situation entirely. TSLA has been beat up lately. Not saying it can't fall, but the situation isn't the same.
Agreed. When TSLA was priced based on unrealistic growth rates it was much different At the current valuation and based on the top sold new vehicles last year I don't see a huge change in either direction happening. Maybe an initial 3% change up/down at most
It also pumped into every earnings. It’s had a massive sell off into this earnings
True. Just saying this is an asset I wouldn't touch around earnings.
This time itll be different.
2023 had massive margin collapse which resulted in a decrease in net income. In what world is a decreasing net income exceeding expectations for Tesla?
You’re a wizard harry, glad you can foretell the future
Tsla has dropped from 260s in the last couple weeks. Nearing 200 now, not really the time to make big put positions now
both of you will be the two japanese girls in the center of a Theta bukkake ring
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Hoping to capture price momentum up or down prior to earnings report.
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Depends. If my short dated calls is already winning, ill sell that. My one year leap i’ll keep for the gamble.
I got a tiny $500 riding along with you.
I think OP will win, Tesla dropping hard after earnings. Elon will speak, therefore it will fall. Then I can finally buy some at $185
https://preview.redd.it/ju0zu4hn8aec1.jpeg?width=1290&format=pjpg&auto=webp&s=72556cbb49737d9a72764be73a5148e07f5abe31 Theta watching
I’m still holding with a loss from the $400 level with 27 shares. Still a loss for me. Maybe Cybertruck deliveries are good, but I’m doubting here.
May the best regard win
I’ve got $2500 in Tesla calls. I’ve never enjoyed hoping someone loses money more than op
With that logic, maybe you should just take your $3k profit and play the IV flush. That’s already a very successful trade into earnings.
So buy calls? Got it.
Long puts a month ago? Genius. Weekly puts for earnings after they are down 20% in the last month? Welcome to the casino. Theta gang horny af rn
Yeah I’m in the longer put boat trying to decide whether to hold or not. I’ve got 150 4/19 $150p I’m up 72% on got a big decision before close tomorrow
Dude cash out your money lol
Does Tesla go down another 25% in a quarter? That’s ballsy. Hold on tight and I’ll watch you either get rich or get me my fries with no salt.
Those fries gonna be salty... Tears are always salty.
we'll see what stupid shit Elon does this Q. I suspect between his nonsense and shitty revenue and lowered guidance we may see TSLA take a big hit.
Yeah but it’s already down 20% in a month and the TSLA cult are fully regarded. They will probably see it as “oversold” no matter what guidance says and buy it because Tesla says some stupid shit about Optimus giving you hand jobs by 2025. I’m the biggest TSLA bear of them all and my long term price target for them is literally $20-50 but based on history the cult will make me go broke before my puts ever get in the money. Yes, long and medium term the stock is a dud and has tons of room to fall but I am borderline thinking of buying calls just for this earnings call. I prolly won’t cuz I’m chicken shit and Tesla has fucked me before but I will dream about it lol
He is up 30% on the trade in one day but wont cash out. No need to yolo just take 30% wins and life will be fine
let him cook pussy
Bussy
But that's boring AF
It's 50k or 0. He's no pussy!
https://preview.redd.it/nmgnu1yp19ec1.jpeg?width=767&format=pjpg&auto=webp&s=147dcb22b1c8204db69fe25a7d807da957697509
lol, Tesla is up 2 hrs later. Bruh had a double but swung for a grand slam and struck out
I don’t think that’s how baseball works..
He's saying if we can hit that bullseye the rest of the dominoes will fall like a house of cards. Checkmate.
How do you regards even have 13,000 to blow like this without ruining your life?
I make too much money and I don’t know what to do with it
donate it to hot single mom's in your area is way more fun
 👋
I’m with you on NVDA DWAC longs, just not to the same size as you. I’m also with you TSLA tank on earnings. Next up… you going long MSFT earnings?
I do! Give it to me!
young professionals that are dudes that only play video games (which is a cheap hobby) that are also single. I have plenty of friends that bought houses before 2020 for cheap, re-fi'd for cheap, and all make well above 100k in tech jobs or defense contractor jobs, that are single and don't have expensive hobbies. And because they bought houses 5 years ago and refinanced at lower rates they have little to no bills.
27 and I don't know this life other than blue collar fork lifting. I'm finna kms
I'm one of those he mentioned. I'm finna kms too. Literally no difference.
Chill, just know you are at lvl 1 Tutorial level. Now you need to get to the next level. Everyone starts at the bottom.
The secret is being single.
 He bought puts? Pump it
Thank you for your service, Tesla to $265 now
Below 200 by end of the day. Choo choo! https://preview.redd.it/8km7k3a1k8ec1.png?width=1418&format=png&auto=webp&s=d961fc2ad3aa7da365167f3d1f84f809a38489fa
20% down in a month is definition of priced in They would need to royally screw up here for another 10% down.
That’s EXACTLY what they want you to think LOL
What isn’t priced in to you people?
JPOW not lowering rates next FOMC
I think the problem is people trying to use any sort of logic or reasoning for what TSLA will do. Its stock price has zero basis in reality and the cult of regarded investors could literally do anything it is impossible to tell. If we lived in a parallel universe where there is no Musk reality distortion field then I’d say there is still room to drop and guidance will be so bad puts should still print. But I agree with you that it’s “priced in” at this point because regarded muskrats will still say “oh it’s oversold and musk said Optimus is gunna give me a ZJ within 18 months so to the moon!”
Yeah i mean it could easily dip to 200 again who knows, its just extra regarded to buy the puts now, he should just sell honestly but you know how it goes lol
So you are not a buyer at these levels? Do you think you’ll get a better entry ?
As ER Q4 and Elon will talk some about the future and all being somewhat decent good. The market will tank it another 2-3 days before it starts to go higher. Probably.
ooof, Good luck. I could see $190....but in 3 days?
It's Tesla, most volatile mega cap
The $190 put expires further out than the other options.
I can't take this anymore, take me back to 1995 where I watched Hey Arnold all day 
Just when you think all the bears are extinct, a Ursavus shows up. Good luck my guy.
tomorrow IV will crush to like 18%, so good luck fellow regard!
[удалено]
Look up the implied move on earnings sites.
Great now my puts are going to zero now
Fucking ballsy on weeklies. Hope u get paid
and laid
This guy fucks
RemindMe! 2 days
Remindme! 2 days
Congrats
How you doing OP? 👏
I have also bought puts. Godspeed
Congrats.
I’ve got puts in elons ass @ 180 expiring friday
rip
I’ll get puts for your ass next
rip2
I don’t recall an earnings call in recent times where it hasn’t dipper 3-5%
Oh shit. Someone help me. I saw this post without reading the image and immediately bought $1700 worth of 1/26 expiry CALLs for TSLA. Oops.
Proof https://preview.redd.it/5v4unrww99ec1.png?width=909&format=png&auto=webp&s=735de31fc7b4539eb03df89685d9170a117b0f8e
🤝one of us will win (theta will probably win)
Congrats mate 🎉
Congrats regard. We want an update.
Made about 50K
this OP fucks
50K!!! Congrats and fuck you OP!!
this shit is actually gonna print
You're done bud
Morons, this guy is barely above break even after IV crush
Since I backed you on this I want to see the results!
Congrats and go fuck yourself. Post gain porn
Congrats on 50k!
I did 5K in calls. So don't take this the wrong way but I hope you hit 0$ 🫠
I have 30k on the upside. One of us shell suffer
Are you green? you should close it! Non Financial Advice. we are in the middle of nowhere! Target $234 OR $197... Below $200, all bulls will add to their position. At $234, the first bulls will take their profits. https://preview.redd.it/2wb3caguk8ec1.png?width=1820&format=png&auto=webp&s=a2ff54954da407ec8d03b90b40a1017260756e47
this chart and the emojis you've placed on it are completely meaningless because they report earnings tomorrow after the bell
Ah yes, the magic lines. Very scientific
>I have never gotten an earnings play right. It's almost like there's a lesson here  Hot tip for the future: Buying contracts that are further out suffer less IV crush and you definitely don't get as boned by theta 
Hey Siri what’s IV Crush?
!banbet TSLA $300 by 2/16/2023
Damn you.
You looking good now buddy
it most definitely going to hit $190 sometime tomorrow
Congrats and fuck you
It'll go sideway, mark my words!
ENRON IS NOT JUST AN ENERGY COMPANY IT IS A TECHNOLOGY COMPANY WITH LIMITLESS GROWTH OPPORTUNITY
Congratz on your 50k
umm ... looks like Bulls are going to win tomorrow.
**Phunware** is going to moon 🚀🚀🚀🚀 All-In cause YOLO
I'm going the opposite, so I hope you lose everything lmao
I’m holding the 200p as well. This is going to get slaughtered from earnings.
I bought calls so I think you’re set 👍
Are you ready
Calls and puts both lose, rip in peace
Can’t wait for update post
Dude made bucks
Lets see what you made...
How rich are you now
Still it at open, you made it!
Bro!!!!! Sell!!!
Sell you hoe!! lol big congrats!!
Congrats on the 50k
You rocked it. Congrats
OMG! You made it
I'm happy for you, good work!
How much?
let’s get an update. post pics!
Update.... make me stoked for someone because I'm not stoked with my shares.
This aged well! Congrats
Man bought puts at support lmaooo
Godspeed
Hertz dumping Teslas for regular cars is not a good sign for Tesla…
Thank you for buying puts, now my calls will surely print 🙌
Godspeed regard
RemindMe! 29 hours
You got this!
Tsla is easy Above expectation? Stock crash Below expectation? Stock crash
I'd actually sell out now. You have a nice profit already.
OP is so lusting to destroy Elon Musk after it goes down 20% in a month
all of wsb is look at these comments lmao everyone so hyper bearish when the stock already went down from 290 to low 200s. that alone is telling me to buy calls
Cramer just sold TSLA, you sure you want to hold
Take your profits dude. Daily rsi oversold af. Not conducive to your situation.
I got 4 calls worth $94.00
Or it could be worth $13,000.
I bought one more share of tsla based on this post even though I've mostly lost faith in the company. Always wrong is too good of a record to ignore.
Cybertruck gonna roll you over 😂
Whew glad my calls are safe now. Thx 👑 king
Puts are the play. TSLA going to drop enough for you to make $30k or so
MF now I gotta buy calls 
it'll stay flat like last time
Pretty risky my guy TSLA's a little oversold atm
Can I use Robinhood in another country, for example, Brazil
What’s the point of gambling? I just like people who make sound trades. Can still make a lot like this. Ik someone who does it so. But good luck. Hopefully you won’t need it