Friday, October 30, 2015

Sold to open 4 calls of TSLA_110615C210 at $8.10

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
>

Sold to open 2 puts of TSLA_110615P200

Another dumb (or smart??) move..not sure. I am going to have 400 tesla long by today. I want to sell 200 of them before earnings..so if the stock drops, my effective price comes down to $194.
Tesla earnings are around the corner. Fingers crossed.

>
> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 2 puts of TSLA_110615P200 at 6 limit, good for today:
>
> You sold to open 2 puts of TSLA_110615P200 at $6 on 10/30/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11965488180 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
>

Tuesday, October 27, 2015

Sold 4 calls of TSLA_110615C222.5 at $6.75

Tesla Earnings on 3rd November so playing a short shot. Sold 4 call options for 06 Nov 15 with strike price of $222.50! This earnings season is crazy so far! I hope I don't get stuck on the wrong side!


> 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_110615C222. at 6.75 limit, good for today:
>
> You sold to open 4 calls of TSLA_110615C222. at $6.75 on 10/26/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11952286543 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
>

Monday, October 26, 2015

Sold to open 2 calls of TSLA_103015C212. at $5.25 on 10/26/2015

I am in the winding down mood. I  have 200 Tesla stocks that I need to sell so I sold 2 Call options with strike price of $212.50 for this week and it gave me around $1040! I will be happy either way- if they get exercised or get expired.
Hopefully there are no major movements in TSLA stock before I get delivery. Arian does not know that I have an order and I would love delivery on his birthday in December!! 

>
> 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_103015C212. at 5.25 limit, good for today:
>
> You sold to open 2 calls of TSLA_103015C212. at $5.25 on 10/26/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11951669648 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
>

Friday, October 23, 2015

Sold to open 2 puts of TSLA_103015P212. at $5.45

Not sure why I made this trade... If TSLA- Tesla stock does not move much, most of my Call options will expire worthless :)
One option that is likely to get exercised is Call options expiring today with exercise price of 210! I already have 200 long position in TSLA so hopefully, if that is exercised, this will bring back the position at a lower effective price! Plus, I already have a limit order for selling TSLA call options for next week!


> TD Ameritrade, Inc. Courtesy Fill Notification
> --------------------------------------------------------------------------------
> Account number ending with: 3391
> Account owner: JAYESH PATEL
> --------------------------------------------------------------------------------
>
> For your order to sell to open 2 puts of TSLA_103015P212. at 5.45 limit, good for today:
>
> You sold to open 2 puts of TSLA_103015P212. at $5.45 on 10/23/2015.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11946868043 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
>

Tuesday, October 20, 2015

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.
>
> --------------------------------------------------------------------------------
> Please refer to order number 11938174717 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_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
>