Sold 2 calls of TSLA_102315C210 at 4.95

...and the stock crashed. Sometimes, prices (http://www.profitfromprices.com) tell you more about the stock than what Consumer Reports editor can tell you! Few days back, the stock dropped from $250 or so to $212. It created a possibility for the Tesla stock to come back to $230. Over last 2-3 posts, I mentioned my desire to be on the short side when it hits $230 level. Now this morning it was almost that level. Yesterday TSLA stock did touch 230 mark. I have sold call options at $220, $225 and $227.50. Debated few times about shorting the stock but I guess having a potential short exposure of 1000 shares (due to the sell of Call options), I didn't want to get into too much risk. I feel bad today but hey, I had made my decision.

Today TSLA got bad report by Consumer Reports and there was precipitous drop in price from $227 to $202!!!

As things are happening the way I wanted, I am creating some more short positions. Sold 2 call options for the week...

> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 2 calls of TSLA_102315C210 at 4.95 limit, good for today:
>
> You sold to open 2 calls of TSLA_102315C210 at $4.95 on 10/20/2015.
>
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> Please refer to order number 11938174717 when inquiring about this order.
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> 200 S 108th Avenue
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> www.tdameritrade.com
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Sold 2 calls of TSLA_121815C205 at 17.95 limit

I shouldn't have really traded this far out... but I guess I was a bit scared the way TSLA tesla stock was dropping today and I was worried about the current open position of 200 long! I sold 2 call options which are 2 months down the road for $17.95 with a strike price of 205! I will probably close this position sooner, and at a loss, I guess.

> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 2 calls of TSLA_121815C205 at 17.95 limit, good for today:
>
> You sold to open 2 calls of TSLA_121815C205 at $17.95 on 10/20/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11937870923 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
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Sold 4 calls of TSLA_102315C227. at $4.50 on 10/19/2015

Tesla is taking me for a ride, is it? I had long positions and it started dropping.. I closed them too soon as I was scared. My game plan was to be net short if it comes back around 230.. It is there now so here is one more short play in Tesla options.. I am a bit scared as it keeps showing strength. I think I should put my emotions on the sideline and stick to what prices are telling me..
All I want is to end this project with 80k in profit. I don't want the ship to sink which is so close to the destination.
>
> 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_102315C227. at 4.50 limit, good for today:
>
> You sold to open 4 calls of TSLA_102315C227. at $4.50 on 10/19/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11933291893 when inquiring about this order.
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> Thank You for choosing TD Ameritrade for your investment needs.
> 200 S 108th Avenue
> Omaha, NE 68154-2631
> www.tdameritrade.com
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Time to start taking short positions on TSLA...

Wish I had patience! I know if you are stuck in a wrong side of the trend, the market never lets you go unpunished! I had 800 TSLA long and was afraid too much. Plus I had sold PUT options at 220! On the day when it hit the low of 211, I sold 215 put options and then 220 and now 225.. I want to be back on the short side..in project #TSLA4Tesla

>
> 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_102315C225 at 5.45 limit, good for today:
>
> You sold to open 4 calls of TSLA_102315C225 at $5.45 on 10/16/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11929730132 when inquiring about this order.
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> Thank You for choosing TD Ameritrade for your investment needs.
> 200 S 108th Avenue
> Omaha, NE 68154-2631
> www.tdameritrade.com
>

Sold to open 4 calls of TSLA_102315C220

I need to close my long position asap! I am hoping TSLA stock will come up to 230..
I am worried it does not start a fresh downward streak soon.
Btw--- I booked one Tesla today... Hoping to get delivery by Arian's birthday on December 01!

> Date: Thu, 15 Oct 2015 09:14:12 -0500
> From: AutomatedMailer@tdameritrade.com
> To: pateljr@hotmail.com
> Subject: Courtesy Fill Notification
>
> 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_102315C220 at 4.95 limit, good for today:
>
> You sold to open 4 calls of TSLA_102315C220 at $4.95 on 10/15/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11926387020 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
>

Sold 2 calls of TSLA_101615C220 at $3.95

I am getting scared of my long positions. The way it is trading, it seems that investors are selling and few new buyers/speculators are interested. Need to get out of the position which I stupidly got into.

Project #TSLA4Tesla
>
> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 2 calls of TSLA_101615C220 at 3.95 limit, good for today:
>
> You sold to open 2 calls of TSLA_101615C220 at $3.95 on 10/13/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11920050097 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
>

Sold 4 calls of TSLA_101615C215 at $4.95

I didn't close in time my long positions and this morning, I got scared and I decided to make some exit strategy. Also, I have 4 Put options sold at 220 so sold these Call options.. I know I can't get out of the current mess without any blood LOL. Also, I need to know that you can't have profits all the time, right. Anyway, let me try to close the long position with minimum damage so I can resume trading with fresh perspective.

> 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_101615C215 at 4.95 limit, good for today:
>
> You sold to open 4 calls of TSLA_101615C215 at $4.95 on 10/13/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11919941699 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
>