Replies to post #73674 on Tesla Inc (TSLA)

[Moonlazer]

Even if they do print, you get the premium and the strike. At $125, when it was issued, of a 120 strike ex date 1/17, the proceeds go to purchase more. Meanwhile the premiums can be used to purchase more on a dip at the cheaper price. It's just another method to handle corrections. High premiums, at the top. Purchase more with premiums at the bottom. 91,000 shares at this price is roughly 10m, and that alert was for 2.5m.

It makes some sense to me. Hedging bets for 25% of the new stake in the event it doesn't raise further to minimize losses.

Pay attention to those sweeps and imagine what they're doing as if it was you that had just invested heavily and wanted to split the take on the current position to hedge bets. People don't get rich because they're dumb.

Fail to plan and you plan to fail.

[la-tsla-fan]

I am not sure by what you mean by 'calls that won't print' to be calls that are so far OTM that they will expire worthless. I used to work for a company that was acquired at 2.5 times the going market price. The transaction resulted in the creation of MANY millionaires who had built significant positions in 'calls that won't print'.

[Scumbag Fraudsters]

Simple up/down red/black has worked fine thus far for disposing of my income.

I sure as hell don't need more ways to lose money!

You're speaking Greek to me.

Selling off a ton of calls that won't print to more or less average down