---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42871996.md"
description: "$Tesla(TSLA.US) Not much to say. I can reduce my position on the October calls after tonight's recovery, then sell some far-out puts. Keep the underlying stock and 2x ETF as is."
datetime: "2026-07-23T02:46:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42871996.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42871996.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42871996.md)
author: "[雨宫若杉](https://longbridge.com/en/profiles/16677409.md)"
---

# $Tesla(TSLA.US) Not much to say. I can reduce my p…


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## Comments (30)

- **三思又三思 · 2026-07-23T11:08:43.000Z**: The shorts today are going to be a bit crazy, such a great opportunity
  - **雨宫若杉** (2026-07-23T11:39:25.000Z): Uh-huh...
- **半山外賣仔 · 2026-07-23T07:59:01.000Z**: Kun was a bit hurt this time around.
  - **雨宫若杉** (2026-07-23T11:39:16.000Z): So heartbreaking
- **W :D · 2026-07-23T03:38:48.000Z**: Kun Ge, reducing the position in October calls, is this based on adding positions in recent days? I haven't bought any in the past two days. Is it still suitable to enter tonight at market open? My cost basis is around 7.
  - **雨宫若杉** (2026-07-23T03:50:59.000Z): Yes, if you haven't taken delivery in the past few days, on the contrary, you could take a small position tonight, but I still don't recommend touching options. Personally, I think there will be a fun
- **T.A.O · 2026-07-23T03:28:01.000Z · 👍 1**: 60% position, two Puts expiring Friday at 375 and 370, hedged quite a bit. Trading Tesla without hedging is too risky. Continue hedging on Friday.
  - **雨宫若杉** (2026-07-23T03:33:31.000Z): I can leave on Friday; it has fallen for two days in a row, which is about enough. Originally, I was thinking of buying some end-of-term puts to hedge against this earnings report, but later I thought
  - **T.A.O** (2026-07-23T08:31:02.000Z): I bought it on Tuesday. The price was quite high, but I thought it was still worth it. It's only two or three shares, so even if it surges, the loss would be manageable. If it crashes, I'll buy more o
  - **T.A.O** (2026-07-23T08:34:00.000Z): Checked the pre-market situation and the first five minutes of trading on Friday, bought some OTM options to gamble. $200 doesn't really bother me. If I win, it's a tenfold return protecting my positi
- **踏实的交易员 · 2026-07-23T02:59:45.000Z**: Is there a chance to open a position tonight?
- **三思又三思 · 2026-07-23T02:49:10.000Z · 👍 3**: This is the worst-case scenario.
  - **雨宫若杉** (2026-07-23T02:50:59.000Z): I expected a crash, but didn't expect it to be this severe.
  - **三思又三思** (2026-07-23T02:51:34.000Z): Because the situation is too bad
- **水云身 · 2026-07-23T02:48:43.000Z**: October calls are so tough. Can we see 400 tonight?
  - **雨宫若杉** (2026-07-23T02:50:34.000Z): If it can recover to 400 tonight, that would truly be a miracle.
  - **落啼** (2026-07-23T02:51:24.000Z): The expectations aren't high; I feel it's fine if it can hold steady at 370.
  - **水云身** (2026-07-23T02:53:52.000Z): I cut my own thigh last night.
- **落啼 · 2026-07-23T02:48:04.000Z**: Kun Ge, do you think the market will oscillate or continue to fall unilaterally recently? 😢
  - **三思又三思** (2026-07-23T02:48:58.000Z): I think it will fall
  - **脆皮大学牲** (2026-07-23T02:53:03.000Z): If it doesn't crash again at the open, I'll consider myself lucky; a volatile market is already the best-case scenario.
  - **落啼** (2026-07-23T02:56:47.000Z): I'm really done with this. From the beginning of the year until now, it's performing even worse than Microsoft.
- **阿坤的巨硬铁bro · 2026-07-23T02:47:16.000Z**: Okay
