Friday, October 15, 2021

Idea about Tesla option

 was also thinking about selling tesla puts

even though I need to sell other assets if assigned

and the money seems free

strike price of $600, gives you $183 premium

current price is around $800

delta around 5%, so highly unlikely

but thought that i should not do it

it may happen, if there is a big crash

i am going for consistency, and something replicable

and the main thing is that

if tesla crash, other stocks might also crash

it may be a world event

so i will have to liquidate my singapore shares that might also drop big in value

to purchase tesla

so i will just stick to my current blue print

and hope it gets very big

and fast

such that i can be less afraid of losing my job

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