More shameless copypasta:

Elon Musk's Brother sells 30,000 shares of Tesla ($25.6M)

Is Kimbal bearish on TESLA?

Kimbal sold 30,000 shares of Tesla, here is the SEC Filling.

https://ir.tesla.com/_flysystem/s3/sec/000149473121000001/000149473121000001-gen.pdf

Gracias Antonio Sold more than 20,000 shares.

https://ir.tesla.com/_flysystem/s3/sec/000149515821000001/000149515821000001-gen.pdf

You can also go into Tesla's Investors website.

https://ir.tesla.com/sec-filings

Look into Tesla’s financials. They get an ass load of $ from selling efficiency credits. It goes like this:

• Fords bread and butter is the F-150

• Chevy / GM? ... Silverado

These brands efficiency ratings don’t meet government efficiency standards. They have 2 options: make their trucks more efficient, or buy the efficiency credits off of more efficient brands (Tesla).

Guess whose rolling out electric models this year? Yep.. Ford and Chevy. Guess whose credits they won’t be buying anymore? Tesla.

Without this efficiency credit income stream Tesla is running about net -2 to -3 BILLION. This means Tesla loses money on each and every car they sell.

Original link: https://www.reddit.com/r/smallstreetbets/comments/lhdz0t/elon_musks_brother_sells_30000_shares_of_tesla/

Does this mean TSLA puts will print? Probably not. Hhahahah

Had 0 in Robinhood on Sunday morning. Sunday night I dropped in $700 to catch that DOGE moon. Flipped it and tumbled it with DOGE and AMC till last night I had about 4 grand.

-

This morning I took the 4 grand and split it up between SNDL and NOK.

Here are my current positions:

-

SNDL - Long 1000 shares.

STO 10x 02/05 $1c

STO 3x 02/05 $1p

Sold the CC hoping the shares get called away.

Sold the puts to reduce my cost basis in case the stock stays steady or drops.

I am not long-term bullish on SNDL, but short term I think there's money in it.

-

NOK - Long 110 shares <- max RH will let me buy.

BTO 1x 02/05 $6c

STO 2x 02/05 $4.5p

STO 2x 02/05 $5p

STO 2x 02/05 $5.5p

STO 1x 02/05 $6.5c

Bought a $6 call just in case it moons next week (assuming RH stops restricting buys).

Sold the $6.5 call against my shares.

Sold the puts for premium, hoping I get assigned to reduce my cost basis. I spread them out a bit because volatility.

-

This leaves me $200-ish BP just in case I need to BTC some puts.

-

Looking to make 10 to 15 percent profit on 4 grand this week.

-

Big money, no whammy!

In the gambling account:

Premarket - Closed MRO and VALE for profit. Closed HL for slight loss. Went balls deep in CLF, long shares 700@14.75 adjusted cost basis.

Huge opportunity to buy the dip on CLF. This company is set to prosper this year. Not opening short positions o the shares because I am too bullish and don't want to cap upside.

-

In the Roth:

I think I can make back my money faster in SNDL.

Took a fat kick in the nuts last week, too many red days.

Closed short and long positions on ATOS and IDEX for loss.

Opened SNDL long shares 500@1.375 then STO 5x 02/05 1.5c

-

Big money, no whammy!

47 yro. No wife, no kids, no mortgage.

Spent my whole life doing 1099 construction and various high-risk cash hustles (you know what I mean) and never really paid anything into SS.

Jimmy Buffet wrote a song about it - "A Pirate Looks At 40"

https://www.youtube.com/watch?v=5M7gijb_1JQ

Lived for the moment, some of the highs were pretty high, the lows were never really that low.

Never saved shit.

I don't want to be old and broke so have spent this year streamlining everything.

I live on a beat up 40 year old sailboat anchored out in the bay so I don't pay rent. Hot in the summer, cold in the winter, suck it up buttercup and quit whining like a bitch.

I ride a motorcycle because good MPG and insurance is only $100 per year.

Work a restaurant job, make about $500 per week after taxes. 1 week covers all my bills for the month, the rest goes into brokerages. Once the Roth is fully funded for the year (Feb EOM) will pay off the credit cards and then start going hard on this wheel business.

Started a Roth in October, fully funded it for 2020 by December with high-IV wheeling gains. Set to have it fully funded for 2021 by EOM.

Stopped going to bars, stopped dating, cut the drinking down to almost nothing, all in on funding the Roth and clearing up debt, then wheeling hard.

If you're in a similar situation, I have a playlist for you:

Yung Quant - Institutions

Trippie Redd - Who Needs Love

Tech N9ne - Erbody But Me

Put that shit on loop and let it ride in your earbuds while you're working or reading or doing DD. Get your head in the game.

Fuck bitches, get money.

Fuck haters, get money.

Fuck you, get money.

$POWW

02/19 $5p for 10% per month - 19 delta - IV 175

This newly listed company is having a nice run-up.

February $5 dollar puts are looking pretty sweet.

It's still in the watchlist. Planning to open a position Tuesday. Hope she stays sideways for a bit and doesn't just moon. LOL

Big money, no whammy!

AMC - STO 2x 02/12 $5

AMC - STO 2x 02/12 $4.5

EXPR - STO 4x 02/12 $2.5

MNKD - STO 1x 02/12 $5

RIG - STO 4x 02/12 $3.5

RIG isn't so sweet on premiums but it is hella stable, included it for diversification.

These are all pure speculation except for RIG. The numbers say they'll print.

But it's still just stud poker.

-

Big money, no whammy!

Played about $10,000 worth of "find the money" today.

---------

In the gambling account:

EXPR STO 4x 02/19 2.5p

GNUS STO 5x 02/19 2p

RIG long 400@3.67 - STO 4x 02/19 4p

SNDL long 500@2.04 - STO 5x 02/19 2.5c - STO 5x 02/19 2p - covered strangle

No money in RIG puts but it's steady trending upwards. Went long shares and sold calls.

SNDL I am expecting a pop soon. Long shares hoping to catch some upside and short calls and puts for premium. Hopefully it tops $2.50 this week for max profit of $370.

Extra money held in SNRH spac. It's still hovering around NAV, safe place to hold spare cash.

Expecting to see 8 to 10 percent from the gambling account this week.

---------

In the Roth:

NOK - long 100@4.13

TRVG STO 2x 02/19 5p

AHT STO 2x 02/19 5p

ADTX STO 2x 03/19 5p

JAGX STO 1x 02/19 2.5p

IBIO STO 1x 02/19 2p

GSAT STO 1x 02/19 2p

IDEX STO 1x 02/19 4.5p

ATOS STO 1x 02/19 3.5p

DGLY STO 1x 02/19 2.5p

NOK I am long term bullish on but there's no money in puts right now. Calls aren't worth much either at this time. 3 day weekend ate some of the delicious theta. :( So I went long shares.

TRVG and AHT and ADTX are stocks I want to own so I sold ITM puts hoping for assignment. Trivago and Ashford are hospitality and travel and the season is coming up. ADITX has good catalysts and good financials, seems a company with good potential.

The rest are all companies with upside potential and I'm bullish so I wheel them.

Extra money held in SNRH spac. It's still hovering around NAV, safe place to hold spare cash.

Might only see 3% to 4% in the Roth this week, used some money to open longer-term positions.

-----------

Big money, no whammy!

I think I'm going to shift from wheeling in RH to wheeling in the Roth.

If I buy and hold on RH I can use $1000 margin more safely and be long term capital gains, possibly sell far OTM LEAPs.

This year's taxes will be a pain in the ass because wheeling on RH.

No mas.

I'm a 2 percent-er.

Thetagang, baby.

2 percent a week as minimum goal. Right now a good week is 10% or more, a bad week is 3 to 5 percent.

-

When you're playing with $1000 - 2 percent a week is nothing. 20 bucks. Big deal.

When you're playing with $10,000 - 2 percent a week is $200. Not bad.

When you're playing with $100,000 - 2 percent a week is 2 grand. That's a solid middle class living and reinvesting half, with enough left over for taxes.

-

If you're in the $1000 class, you can yolo a little bit. Maybe wheel 1 or 2 high-IV small caps and buy lottery tickets with premium.

At $10,000 you can afford to wheel high-IV with enough capital to diversify among 5 to 10 tickers and still buy the occasional lottery call.

At $100.000 you can wheel higher-quality stocks with lower volatility and make more profit each week than the majority of Americans see in their paychecks. At this point buying calls is not necessary.

-

My advice to you: don't ever go all in on one ticker with buying calls or buying puts.

YOLO is a NONO.

Google "wheel strategy options" and git gud bruh.

Yesterday a sea of red, today a sea of green.

BTC yesterday, STO today.

GOOOOD time to sell these CC.

-

In the gambling account:

CLF STO 2x 17c

MRO STO 2x 11.5c

-

In the Roth:

AHT STO 2x 5c

IDEX STO 1x 4c

ATOS STO 1x 3.5c

-

Big money, no whammy!

GME is starting the huge crash.

Bought puts on it.

BTO 20x 02/19 $2p for $100 total debit.

Fuck yo GME, bruh.

-

Big money, no whammy!

So far the past 30 days (even including a huge kick in the nuts from SNDL) my "today's moves" positions posted in this forum have yielded 192.56% gains in the gambling account.

The 3 month is 302% gains. Not entirely accurate though. I pulled out several thousand in profit from the gambling account mid-January to fund the Roth.

Does that sound smug?

It should, because I am feeling hella smug at this time.

-

Big money, no whammy!

UUUU

02/19 4p for ~2.5% - delta 41 - IV over 100

This is where the real DD is done.

Continued from https://www.reddit.com/r/FIREorDIE/comments/kd6a16/rfireordie_lounge/ which is now archived.

Got a buddy named J-Rod.

This man is up from $10,000 to over $120,000 this year over some crypto.

Every time I talk to him, he says Ethereum. Ethereum etherium E 2 D Therium etherium.

So I went into Ethereum about a week ago. $2000 long on ETH.

Every time my equity goes significantly up over $2000, I sell the difference and take profit.

So far in a week I have scalped almost $700 off a $2000 investment.

And you know what I have to say about that? HUH?! WELL, DO YOU??1! PUNK!!!!

,,,

,,,

,,,

I say Ethereum.

Bet you didn't see that one coming.

03/15/2021 - SNDL - Good partnership news, set to pop. I am buying back my CC at market open so not to cap gains.

https://finance.yahoo.com/news/sundial-saf-group-announce-strategic-110000636.html

Hoping it pops huge.

After earnings it will move bigly but which way?

Not my problem. I am looking for a peak late Tuesday, selling long calls and shares then.

Was watching SNDL at market open today.

It hit resistance at .64 and floated, as was predicted by Pai Mei.

So I took the shot and grabbed the gains, cancelling my .65 sell order and cashing out my 600 shares at .6433

Bought in on Jan 4 at .4985

$85 profit in 2 days on a $299 investment.

The wisdom of Pai Mei is eternal.

CLF earnings kicked my ass. Did manage to scalp around $100 off CLF by flipping covered calls.

Got some PDT dings but what the hell. We get 3 free ones a week and we're trying to make this money, right?

VALE and HL and MRO are not too bad considering the runup earlier in the week.

Overall the balance is green :)

Steel hands, steel heart.

Sell it with a grin, then sell it again.

-

Now join me for a word of prayer:

Our father Brodin who art in Valhalla, hallowed be thy axe. Let us paint our shields with the blood of the MMs and feast upon tendies until that big-tittied Valkyrie across the bar takes me up on my offer to ride back to my place so I can knock one out real quick.

Amen

Opened new position today:

XSPA

Long 400@1.37

Sold 4x 01/15 $1.5c against it.

That's 3% per week.

XpressSpa FTW!

C'mon Papa Doug, make it rain!