SomethingCatchy
689 posts
No Way... $META
New trade: C- trade grade $tsla Going against what I want to do. So likely the right decision. Sold 15 calls below.
Trade recap for today: $TSLA HSA and IRA accounts: Took advantage of the early morning IV spike on that 10-point push off the lows. Missed the initial 387 high of day while I was in a pickleball game, but jumped in when we retested 385 around 10:55. Went short the April 400 calls. Then realized I had enough cash in the Roth to sell an ATM put, so I quickly sold the April 380 put. As the afternoon sold off, I placed profit stops on rollover and HSA covered lots. They triggered nicely for a clean 2-point gain. That is exactly the kind of simple, repeatable trade I love — one that steadily grows the cash accounts. Later in the day I debated adding calls in the brokerage. We came close to selling the 410s earlier but I held off a bit too long. Coming into the close, even without a clean intraday flip opportunity, I decided to cover another 15 lots. Could be the signal of a “rip your face off” rally. Either way, I welcome it. Managing $TSLA calls up and out is something I actually enjoy and sleep well doing. Closing the day with roughly 50% of the retirement accounts covered and 30 lots covered in the brokerage ( April 400s, 405s and 410s). I do april here as if they get contested, I have earnings IV to roll out past. If not for earnings, I would be selling 45 days out here. I have GTC limit orders sitting to close them at a 2-point gain — about 30% on these 4-week contracts. Happy to take those wins every time.
