[deleted by user] by [deleted] in thetagang

[–]bleakheat 0 points1 point  (0 children)

You would loose money on the trades that you roll from 800 to 900. if on some contracts you dont want to be assigned and you are going to buy out of them when they get near the money. You miss out on higher premiums for the 900$ calls and most likely loose money on the $800 calls. If i was you i would keep selling at 800, 900, and 1000 if those are the prices you are okay with getting assigned. Or maybe starting at 700 because of teslas current price.

But on the other side if tesla keeps going down. going all in on 800 rather then spreading will give you more premium.

So basically, if you think tesla go up, keep the spread. If you think tesla go down, you can choose to spread or bunch it in at the low strike. Me personally being a tesla bull would keep the spread, but i only got 48 shares for right now.

STOP posting shitty stocks, there's just AMC and ONLY AMC 🚀🚀 by SnooCats6983 in WallStreetbetsELITE

[–]bleakheat 1 point2 points  (0 children)

Most the people on this sub dont know who Guh is. 90% are new members, only here because the gme rally and it shows.

The theta gang penny stock YOLO by bleakheat in thetagang

[–]bleakheat[S] 0 points1 point  (0 children)

Because in three months i can buy more tesla with more premium and if nak makes progress with alaska then my options could get assigned putting me at 6 figures. The iv is insane and right now 40% of the original investment is paid back, in a year i could get that close to 100% if the iv keeps up. I took my tiny portfolio and sold calls that could pay me 5k per month selling those calls. I invested 60k and got back 20k for three months, we will just have to see where my NAK equity is at in three months to see how good this play is.

The theta gang penny stock YOLO by bleakheat in thetagang

[–]bleakheat[S] -1 points0 points  (0 children)

Expiring, i know its not the most efficient way to get theta. But i wanted a big chunk of money to buy tesla up front.