$TSLA 20260123 475.0 CALL$ huh? What happened to my 1k weekly income? No, it did not disappear. Look closer. This is actually a sell call option. I also had a sell put options with same expiry date but I rolled to next week for bigger returns
This news has multiple impact on TSLA n other car brands with self driving capabilities. 1) Public perception will improve, leading to greater acceptance and hasten approval time for local and overseas government. 2) Decreased insurance cost for autonomous taxis. 3) More car owners subscribing to FSD. 4) Even more data to make streets safer from poor drivers and less traffic jams.
$TSLA 20260109 425.0 PUT$ my weekly income. Closed early on Friday at 14cents to sell put options for following week. This is to capture the time decay that happens over weekend.
$TSLA 20251219 455.0 PUT$ Half of my weekly premium. The other half is also sell put option at $415 strike price. Continued reminder not to burst my margins. Gap down will hurt a lot.
What a year for me. Had been doing value trading with XOM since 2023 but found the returns slowing down this year. Then I started learning options trading via YouTube n it certainly helped more when Tiger Brokers started giving the options book. I am currently managing about US$1k per week from selling put options with TSLA.