I JUST bought back my October 15th 2021 $820 call sale against my shares and long calls on TSLA. I sold for $10.40, bought back for $3.30 for a $7 Realized gain.
Now, I'm selling the November. $900 for 12 limit. My goal is to buy to close these calls before November expiration. THIS IS over earnings... but my expectation is earnings will come out and TSLA will hold steady and some of the volatility will DRY up, which will allow me to buy to close this sold call.
IF NOT, I will be OKAY to be exercised at $900.
I will also buy 1 $910 Nov call with my proceeds as a JUST in case she does KEEP RUNNING HIGHER! :-)
Now, I'm selling the November. $900 for 12 limit. My goal is to buy to close these calls before November expiration. THIS IS over earnings... but my expectation is earnings will come out and TSLA will hold steady and some of the volatility will DRY up, which will allow me to buy to close this sold call.
IF NOT, I will be OKAY to be exercised at $900.
I will also buy 1 $910 Nov call with my proceeds as a JUST in case she does KEEP RUNNING HIGHER! :-)
Comment:
I updated the limit sell on the 900 call to 10.85. TSLA has been going HIGHER but price of options have been a tad weak.
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