whymustitellyou
2023-12-14

Sold call side of the weekly stangle first as price action rebounded aggressively and is now at the upper bound of long term downtrend channel. Will monitor price and sell put side of strangle in next 1-2 days, hopefully after price has retraced so I have lower risk.

$TSLA 20231222 265.0 CALL$ 

# Forum for Hermanlau's team (TEAM8a49df7550114517)

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  • whymustitellyou
    ·2023-12-16
    Closed call option and sold another at a higher strike price to reduxe risk. Took a loss but should still be in profit for the week if new strikes are not triggered.
    $TSLA 20231222 270.0 CALL$
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  • whymustitellyou
    ·2023-12-16
    Sold put option to complete strangle. Didn’t manage to catch a better price but it’s a calculated risk based on technicals.On hindsight, shall try to adhere to own rule of opening both positions of the strangle together away from fomc news.
    $TSLA 20231222 230.0 PUT$
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  • whymustitellyou
    ·2023-12-18
    Closed strangle at breakeven given bullish price movement. Sold new strangle at higher strike price to reduce risk.
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