Today I am likely to have PUT options 212.5 exercised. This will give me a position of 200 more Tesla stocks. I really do not want to go in the earnings release with 400 long so I sold these options. I have another 4+2 call options sold. I want to take short position so that is the reason why I have them sold.
First time in Project #TSLA4Tesla, I am in confusion. I want to go short but I have some long positions. I hope the stock does not drop big time...If it does, the sale of the Call options will give me some leverage. If I should listen to my inner voice, I think I should NOT go with short on the options. I sense a real possibility for the Tesla stock to drop by more than 30-40 dollars. Is there a chance that it can go up by that magnitude? I see more probability for it to drop then to go up- 80% to 20%!! I need to go out and take a walk to clear up my thoughts.
>
> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 4 calls of TSLA_110615C210 at 8.10 limit, good for today:
>
> You sold to open 4 calls of TSLA_110615C210 at $8.10 on 10/30/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11965843705 when inquiring about this order.
> --------------------------------------------------------------------------------
> Thank You for choosing TD Ameritrade for your investment needs.
> 200 S 108th Avenue
> Omaha, NE 68154-2631
> www.tdameritrade.com
>
> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 4 calls of TSLA_110615C210 at 8.10 limit, good for today:
>
> You sold to open 4 calls of TSLA_110615C210 at $8.10 on 10/30/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11965843705 when inquiring about this order.
> --------------------------------------------------------------------------------
> Thank You for choosing TD Ameritrade for your investment needs.
> 200 S 108th Avenue
> Omaha, NE 68154-2631
> www.tdameritrade.com
>