buying a Tesla with TSLA options, come on in

Discussion in 'Journals' started by IndyJonerJr, Mar 22, 2019.

  1. COMMENTS: Cache, sweet man, congrats! on the car is has some blocking on the glazing but sure it gets hot here in HI, the cool thing is the app will let you control inside temp and you can even just keep it on if you're running errands, there's an option to just leave air con running where you have it, so get into a nice cool car!!! that's whats amazing as I use it pretty often here. I believe some people tint the top to. block even more but the problem is the huge glass piece and apparently only some installers are good enough to do that big a piece in one sheet??? there is more info on Tesla forums if interested

    DATE: MAY 3rd profit is at : $23,809 ( if you see the plays they were closed out so I already subtracted that in total.. ) total since start: ( 932 / 3,858 / 5,534 / 2,967 / 23,809= $37,100 ). I had a $25 play last week but too lazy to load it

    THOUGHTS: I closed out a lot of positions, which I am not use to as stetted earlier as I was kinda lazy I guess just cashing my weekly paychecks, but moving to monthly there is no comparison to let them sit to selling and picking up others, sometimes it might be wise if you can't find anything and the position you are in is "safer" then what you would pick up, but always it's worth more to sell off and pick up newer ones..

    GROWTH: I've done my goals and need to keep pushing them. I did monthly to then multi monthly, pushing in a little closer then my comfort zone.. the thing I need to do, is get more money into his account to make bigger plays, and start reaching some 1,000k contracts. I really expanded my comfort zone and it paid off this time. I believe account is around 1.5 mill, so 15k is 1% of the account. I feel I'm doing alright at this point on returns, as I have another 20k in profit I could take today but letting them rot a little more, and have picked up some monthly with about 17k in premium to see how that goes.. so all in all I think it's going well, I just need to see if I can scale this when I bring in more money as the heat will be on making 80k+ plays.

    PLAYS: I picked up some I think 42 day to expire contracts, then some at 45 days. I'm liking these premiums and just getting more comfortable holding longer dated and feeling those swings, where weeklies was almost guarantee to rot everyday.. something I have to get use to is waking up and it might be in the red for a week. those small ones were just again play. I think growing up poor even $50 is a lot to me.. so it makes me feel comfortable where I do know I need to expand my wealth meter and not be happy about 50 bucks but 10,000 + increments. I guess I'm a simple guy and have to fight that money sitting in a bank is a fine thing also..
     
    #21     May 3, 2019