Facing a $300K LOSS on Tesla Options: What I Learned

[@alexonthepalmtree]

Hell yeah!! RECAPS are back!! We missed it Andrew

[@BearBullTraders]

Yes they are back!

[@sethaldrich6902]

Missed them too !

[@hcam8260]

Yeah. We love the recaps. Thank you very much putting them back!

[@BearBullTraders]

Glad you like them!

[@boogiewoogieandbluespiano]

I’m so pleased to see the recaps back 😊 thanks Andrew 😊

[@BearBullTraders]

Glad you like them!

[@DebbieDowner415]

Love the recaps. Thank you for taking the time to do them!

[@BearBullTraders]

Glad you like them!

[@daverempel3064]

Great to see the return of the recaps. It’s nice to hear the reasoning for your trades. I also had 250 calls, but I also sold 180 puts to off set my calls. Congratulations again for your amazing accomplishments. (Dave in PEI)

[@BearBullTraders]

Thanks for sharing!

[@DarrickManezes]

Love the recaps man! Thanks for bringing them back. Have a good weekend!

[@BearBullTraders]

Thanks! You too!

[@adrianma164]

Great to have the recaps back, I am always watching them. Keep it going 👍🤘

[@BearBullTraders]

Glad you like them!

[@IndigenousPathways]

Glad to see your recaps return.

[@BearBullTraders]

Thank you!!

[@parinozi574]

Nice recap Andrew, keep them coming please, they are very helpful. Could you protect your options by buying call options for example at 157 instead of 165?

[@JuanpTerrero]

Yes you could, only that the premium to buy the call option increases as you lower the strike price, so it would be more expensive

[@svitlana1796]

Andrew thank you so much for the recap! It's very helpful and I learned already a lot from you, your books and your recaps. I miss recaps.. Please continue doing it!

[@BearBullTraders]

Glad you like them!

[@jeremytrader]

So glad to see the recaps. These are honestly my favorite trading videos. What better way to learn from one of the best than watching him break down his own trading! Thank you, Andrew! PLEASE keep doing these!

[@BearBullTraders]

Glad you like them!

[@wunchh]

Good to see the recaps back. Thank you!

[@BearBullTraders]

More to come!

[@jt5469]

The recaps are great! Keep em going!

[@BearBullTraders]

Glad you like them!

[@SamBlake3]

Love the recaps - glad you’ve decided to bring them back!

[@BearBullTraders]

Glad you like them!

[@mandraak7621]

Andrew, thanks for all you do and give to the community.

[@BearBullTraders]

My pleasure! Thank you for your support!

[@babalight]

Thank Andrew for keeping it real and walking the talk. It’s really helpful showing what’s possible and the associated risks. Please keep doing the the recaps. You’re educating and inspiring us

[@BearBullTraders]

Absolutely!

[@stockmonstervb1614]

Love the recaps! Keep up the great work!

[@BearBullTraders]

Thanks! Will do! Thank you for your support!

[@nikitadm3915]

Glad you brought back recaps my man!

[@BearBullTraders]

More to come!

[@robbeck67]

Thanks for the recap Andrew, I was missing them while you were gone :)

[@BearBullTraders]

More to come!

[@truth2023EB]

Thank you Andrew. So great to have recaps back!

[@BearBullTraders]

Glad you like them!

[@Shah_Newaz.]

Happy that you started again recap. It is very useful for traders. Don't stop it please even if for 4-5 minutes.

[@BearBullTraders]

Thank you!

[@equityQ]

Yes. Love your recaps. Always looking forward to them! Thanks Andrew!

[@BearBullTraders]

Glad you like them!

[@noegaetan]

So nice to see the recaps are back 😀!

[@BearBullTraders]

Glad you like them!

[@MrNetsecure]

you got saved! But as tsla is super extended on daily chart, doing this strategy again might make sense! Maybe 270 short call and 280 long call for hedge for two week out!

[@BearBullTraders]

Maybe, thanks for sharing!

[@earlwayne5472]

Thank you Andrew! I have read & re-read your book learning & understanding more each time. God Bless

[@BearBullTraders]

Awesome! Glad it was helpful! I would be grateful if you could write a review for the book on Amazon. It would help others discover it. Would you be up for that?

[@dannyowens5923]

Useful recap Andrew!

[@BearBullTraders]

Glad you enjoyed it!

[@grltrader]

Thank you for the recaps Andrew!! Appreciate you brother!! ❤❤

[@BearBullTraders]

My pleasure!! Thank you for your support!

[@Georgy10115]

Glad that you’re doing recap again! Thanks Andrew☺️

[@BearBullTraders]

My pleasure!

[@anuragtewari16]

Recaps are great for learning!. Would eagerly wait for the next one 😎

[@BearBullTraders]

Glad you like them!

[@karlsarkozy5929]

Nice recap Andrew, keep them coning

[@BearBullTraders]

Thanks, will do!

[@abhisekdas8116]

Thanks Andrew for bringing back the recaps and sharing your thoughts behind each trade. It had always helped me in the past!!

[@BearBullTraders]

My pleasure!

[@noorkarim9696]

Thank you Andrew and pls continue to do recap. Like with chess, the only way you improve your trading game is analyzing at the end of the day what worked, what didn't and what you can do to improve next time. thashakur agha jaan!

[@BearBullTraders]

Thanks, will do!

[@praneethmadushan7300]

Nice to see you again.! Every recap you share has a learning opportunity for new traders. Keep it up good job!

[@BearBullTraders]

Thanks, will do!

[@evelina7499]

Thanks for the recap...👏💪

[@BearBullTraders]

Glad you liked it!

[@financialtrader3435]

thanks for the recap Andrew

[@BearBullTraders]

Thank you for your support!

[@Arunvedag]

Good job Andrew!! ❤

[@BearBullTraders]

Thank you!

[@jazznola5419]

Great recap. Do you have any option videos on KZbin for the beginners?

[@BearBullTraders]

Yes, watch this Options course: kzbin.info/www/bejne/mJ-Qn3Wse6aXeJY And Megan´s videos kzbin.info/aero/PLg4jZLhZhYuyFo9ayNbp1Cdv8_bDIOL9y

[@sixjac]

Great video Andrew, you're definitely refreshed from your recent adventure!

[@BearBullTraders]

Glad you think so!

[@jathanclark]

Love the recaps! Thank you!!! 🙏

[@BearBullTraders]

Our pleasure!

[@Normirga]

I would like to see recaps from different mods. I like yours too. But the strength of this community is the diversification.

[@BearBullTraders]

Noted!

[@peterdebeir8932]

No naked options for me! Thanks for pointing out this huge risk (and small reward), Andrew.

[@BearBullTraders]

Thanks for watching!

[@Just_MeToo]

Great Recap Andrew. You are a man who likes to take big risks. This goes hand in hand with your mountain climbing. Big risks can also mean big rewards. Good luck. 💰💰💰

[@BearBullTraders]

Very true! Thanks for watching!

[@yvessevy-x1d]

Recaps motivate me ,to be as good as andrew,think you !

[@BearBullTraders]

Happy to hear that!

[@18lesliebianca]

Yes! Recaps are good! Learning a lot from it. 👍👍👍 thanks Andrew!!

[@BearBullTraders]

Glad you like them!

[@barrycullen4460]

Missed these replays!

[@BearBullTraders]

thanks!

[@adamortner7172]

You are back. Good.

[@BearBullTraders]

Yes!

[@TheMrDodue]

YESSSSSSSSS!!!!!!! RECAPS ARE BACK!!!!!! :DDDDDDDDDDDDD Thanks you alot for bringing them back!! :D

[@BearBullTraders]

Yes! Thanks for watching!

[@tntp45]

Thanks Andrew !

[@BearBullTraders]

Thanks for watching!

[@koyaaanisquatsi]

Reading your book now and really enjoying it Andrew! I accidentally left my Tesla positions overnight, hope I won’t get burnt tomorrow

[@BearBullTraders]

Glad you are ejoying the book. I would be grateful if you could write a review for the book on Amazon. It would help others discover it. Would you be up for that?

[@hon-kitchang1844]

Recaps are great and I have learnt a lot from them

[@BearBullTraders]

Glad they are helpful!

[@johnpang5888]

really great sharing!!! always like your recaps !!!!😍😍

[@BearBullTraders]

Thanks so much!!

[@atunrey]

Thank you 4 the in-depth explanation!

[@BearBullTraders]

Glad it was helpful!

[@berhging1771]

Recaps are very informative as you give us the rationale of why you took the trades.

[@BearBullTraders]

Glad recaps are helpful!

[@pawerybacki98]

Thank you, Andrew. It’s been cool watching your livestreams, and this video is really helpful in that you explained calmly and in detail your reasoning behind your trades we observed during the session! The only question I still have is how did you know that Tesla would start (and continue) the rally up? When I read the news the day before, they were all rather negative, and at least the negative things seemed more important and concrete (sales, earnings that happened), while the positive ones were more speculative (robotaxi to be announced).

[@stevefromthegarden1135]

Selling naked calls was a pretty risky trade. Glad it looks like you won't get stuck with it.

[@BearBullTraders]

Yes it is. Yes, moving forward!

[@solado22]

Im an fx trader and i want to transition to options. How do i contact you for tuition at a fee?

[@BearBullTraders]

email me [e-mail]

[@JuanpTerrero]

Hi Andrew, thanks for the recap. Many of us take a lot from these videos, please keep them going. Sorry to see Tesla closed at 251. Could you go through how you managed the loss, did you close the contracts before market close? Also, would you be trading this strategy again, maybe if the setup, R:R were better?

[@youknow45]

Did you close the naked calls here at 10k profit? as TSLA closed at 251 on Friday. Thanks for the video

[@BearBullTraders]

Yes!

[@samshalson9977]

andrew, please keep up with the recaps, dont disappear

[@BearBullTraders]

Will do!

[@samshalson9977]

@@BearBullTraders tnx

[@corneliusk3964]

Great video

[@BearBullTraders]

Thanks!

[@justin9605]

Thank you.

[@BearBullTraders]

You're welcome!

[@noosheyy958]

Andrew, thanks for the video. Would you say to get a bigger risk to reward, i would require more shares/contracts? (I day trade options)

[@BearBullTraders]

Not at all. If you buy options you wont have this problem.

[@noosheyy958]

@@BearBullTraders Yes, true because options are leveraged..

[@Refosco-DOC]

Continue with the recaps please

[@BearBullTraders]

For sure!

[@jlsdjd]

TSLA closed higher than $250 today, how much did you end up losing?

[@BearBullTraders]

I closed before 250 both positions

[@JuanchoMan5]

Did you close your position on time?… TSLA rocketed above $250 towards the close

[@BearBullTraders]

yes i got out of it

[@jaccatt3989]

I messed up on this tsla, i copied andrews first entry but was way too slow on selling, should have followed my own plan but got FOMO. Later in the day i flipped the position and lost even more money xD. wasnt my day. i had 3 weeks of wins and then this wiped them all out. luckily im still using paper money though.

[@brucel.2919]

i dont touch it bcz i dont understand it,

[@BearBullTraders]

That´s wise, you need to learn first before touching it.

[@nasserbanihassan7853]

very useful

[@BearBullTraders]

Glad you think so!

[@stunna2ash]

Recaps need to stay !

[@BearBullTraders]

They will!

[@RvTradingYT]

Your KZbin chennal very fast growing 🔼🔼📈

[@BearBullTraders]

Thanks to everyone!

[@jozelazarevski1]

It closed 251+ please do follow up video❤

[@sethaldrich6902]

Read the comments, he closed before the end of the day/250

[@BearBullTraders]

Yes!

[@ojames1983]

Hell of a recap, too rich for most trading grades 😂😂

[@BearBullTraders]

Concepts is the same: no matter account size.

[@AlexAbba]

These recaps are great. Sorry to see you lose $$ on today's recap. You kinda lost me here. How did you mitigate your 300k loss?? I need to watch the video again.

[@sethaldrich6902]

He did not lose, he closed the position before it got back above $250

[@AlexAbba]

@@sethaldrich6902 Got it. Ty for clarification

[@hankday28]

That loss happened because you stop sharing level 2 on KZbin lol

[@BearBullTraders]

lol

[@jeffgoggin1394]

Yikes! Sold naked calls on TSLA huh? 😬

[@BearBullTraders]

stupid of me

[@jeffgoggin1394]

@@BearBullTraders I commented Bedford I actually even watched the video. I only said that because I sold some naked TSLA calls this week but I do put am order to buy the stock $2 under the call price and it worked out... Not exactly how I expected

[@zawewe]

0DTE

[@BearBullTraders]

👍

[@JoseMolina-xo8wy]

Clickbait title

[@BearBullTraders]

Thanks for watching!

[@aliaksandrhuminski8704]

Andrew, it is a very cheap idea to use such a 300k loss clickbait. Unbelievable how many people buy a lie and continue commenting as if nothing happens.

[@BearBullTraders]

Which part was clickbait? I faced a 300k loss and got lucky.

[@aliaksandrhuminski8704]

​@@BearBullTradersvideo thumbnail with text "$300,000 options loss"

[@sethaldrich6902]

@@aliaksandrhuminski8704 it says 'facing' which he was, just bc you didn't read the whole title doesn't mean it is clickbait

[@aliaksandrhuminski8704]

​@@sethaldrich6902 I mean the text on the thumbnail "300,000 options loss", not the text below thumbnail "facing a $300,000 loss". My question: why do you trust the text below the thumbnail but reject the text on it?

[@NEPALI-NINJA]

Hi Andrew, happy to see you back. We hope to learn many many things from you again😊😊 I missed you, I even checked the channel to see if I was missing on videos One thing, if we hold any good quality stock and our target price hit on that stock, what do you think of selling covered calls above the spot price?

[@BearBullTraders]

Thanks! 😃

[@BenniMacher]

People will BLOW UP following you

[@BearBullTraders]

Thank you.

[@clingdaddy]

I hate click bait. You didn’t lose $300,000. That was a lie to get people to click on your link. Apex is already pretty close to a scam. Now, I’m wondering if I should’ve been recommending your training to a few traders.

[@BearBullTraders]

You sent email too. It’s a potential loss, could easily happen.

[@sethaldrich6902]

it says 'facing' which he was, just bc you didn't read the whole title doesn't mean it is clickbait

[@lok-kwancheng9484]

No harm making it sound more exciting and using it a as a teaching moment.

[@vladtanase8843]

Great to see the recaps are back!

[@BearBullTraders]

Glad you like them!