How to Profit From a Pullback on TSLA with Options

#OptionsTrading #Options #daytrading

[TheDRam]

I love how in every video Seth tells us to be patient as he explains how I options work. As if he knows that advanced traders get impatient. Hahaha awesome video as always Seth.

[browningcal]

Done and Done. I like when a video comes out about something I already did. Makes me think I am on the right track. I sold a 16d/10d put vertical in Dec for $1200 credit day of the drop and closed for $900 debit today. Took two days to hit target on the bounce back. Only regret is not trading more contracts.

[junal]

Very good content however I do recommend you elaborate the potential losses if Tesla ends up below and above the break evens, risk management and knowing how much someone may lose relative to the maximun reward ($12k) is fair to avoid someone newbi or inexperienced believing there is no risk related. Thanks for your option's videos.

[thekmanishere]

It ran to $900 and you held it? Where is the risk management on the trade. Hold and hope isn't a strategy!

[Dinom-ttwz]

Powerful trade tool... definitely need to practice the Iron Condor before using with significant capital

[pinakip]

Looks all good in hindsight. How could you have predicted that the stock will end within that $210 range after 3 months, specially given a highly volatile stock like TSLA?

[razzyp]

I understand now ... between the parameters! The the key!
Oh Yeah ..You got it Seth shalom my friend! 😊👍

[QbotQbotcenko]

Seth, may I ask, why do you prefer neutral strategy 'Iron condor' while expecting decent pullback - so you've got slightly bearish bias?
I'ts lowering our margin requirements, but the premium is usually not worth the risk... I've created iron condor before $PDD earnings when IV was higher, and today I'm trying to roll it in time ;(
So if even beaten up stock is still under the pressure of shorts, so high-flying TSLA can cut our fingers.

[floydsmithjr]

Don’t get to crazy on why anyone would take this particular trade, TSLA, he’s using it as an example to explain how to execute an iron condor, also SMB has capital to work with.
The most important advice I’ve ever gotten, and I still remind myself of it every morning, is:
⭐️Don’t risk more than you are willing to lose⭐️

[mnsyt]

I see from the chart that TSLA dipped below 600 around March 8th (well before expiration March 19th) and the short put could have been exercised by the seller leading to a margin call (even if it was intraday)? Some brokers would have simply closed out the 600/580 as TSLA approached 600 ?

[zeyad]

This would have been a trade that was extremely risky in my book. To me the Iron Condor needs to be managed extremely well to be effective. Using trendlines or key levels as areas for "mental stops" would be extremely important, because you can easily lose a lot on this trade if all you do is hold and hope TSLA stays bound in your range.

[devyanshu]

Pls just a suggestion. Pls cut the mandatory options explaination which comes in every video that’s what throws most people away. Just put that clip as a basics of options video. Thanks

[jheadley]

Everyone knows that TSLA is absurdly overvalued. It was overvalued before the October runup. And if you told someone in September that TSLA would rally to 1200 in a matter of weeks, on mediocre earnings, they'd laugh. And then laugh more when you told then that the price would drop by 200 points in a day because of a Twitter poll. So as far as estimating a general idea of where the price will be in 2 months, TSLA is pretty much the last stock I'd ever try that on. 2 months from now, TSLA could be at 500 or 1500, and neither would surprise me.