This is serious!

It's terrifying upon reflection - the large bullish position of 32,000 Tesla call options has exited.

$TSLA$

Recently, many deep out-of-the-money put options have appeared on mainstream stock opening position lists, such as puts around 250. Compared to normal correction expectation layouts, these seem more like lottery tickets, which I dismiss with a laugh.

Moreover, bullish institutions just rolled over their 380 call options on Monday ($TSLA 20250221 380.0 CALL$ ). The market shouldn't be so disrespectful as to crash before Trump takes office, right?

However, this large position of 32,000 contracts was closed on Thursday:

Unlike NVIDIA, which rolled from 140 to 125 while reducing position size and continued holding calls at a lower strike price, this position was completely closed. As shown, the open interest for the 380 calls is now only 4,847.

After seeing this large position closure, I quietly closed all my short puts and bought back the 400 puts I had before.

I don't know what situation could cause institutions to change their stance so quickly, which is quite unusual. I suggest everyone take protective measures as well.

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Compared to normal correction expectation layouts, these seem more like lottery tickets, which I dismiss with a laugh.</p><p>Moreover, bullish institutions just rolled over their 380 call options on Monday (<a href=\"https://ttm.financial/OPT/TSLA 20250221 380.0 CALL\">$TSLA 20250221 380.0 CALL$&nbsp;</a>). The market shouldn't be so disrespectful as to crash before Trump takes office, right?</p><p>However, this large position of 32,000 contracts was closed on Thursday:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dea6b927abe23d4d7d9203bd1113e340\" tg-width=\"2608\" tg-height=\"102\"></p><p>Unlike NVIDIA, which rolled from 140 to 125 while reducing position size and continued holding calls at a lower strike price, this position was completely closed. As shown, the open interest for the 380 calls is now only 4,847.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c4c2829e77958cd4530beec8d5de58c\" tg-width=\"1146\" tg-height=\"2020\"></p><p>After seeing this large position closure, I quietly closed all my short puts and bought back the 400 puts I had before.</p><p>I don't know what situation could cause institutions to change their stance so quickly, which is quite unusual. I suggest everyone take protective measures as well.</p></body></html>","htmlText":"<html><head></head><body><p>It's terrifying upon reflection - the large bullish position of 32,000 Tesla call options has exited.</p><p>$TSLA$</p><p>Recently, many deep out-of-the-money put options have appeared on mainstream stock opening position lists, such as puts around 250. Compared to normal correction expectation layouts, these seem more like lottery tickets, which I dismiss with a laugh.</p><p>Moreover, bullish institutions just rolled over their 380 call options on Monday (<a href=\"https://ttm.financial/OPT/TSLA 20250221 380.0 CALL\">$TSLA 20250221 380.0 CALL$&nbsp;</a>). The market shouldn't be so disrespectful as to crash before Trump takes office, right?</p><p>However, this large position of 32,000 contracts was closed on Thursday:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dea6b927abe23d4d7d9203bd1113e340\" tg-width=\"2608\" tg-height=\"102\"></p><p>Unlike NVIDIA, which rolled from 140 to 125 while reducing position size and continued holding calls at a lower strike price, this position was completely closed. As shown, the open interest for the 380 calls is now only 4,847.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c4c2829e77958cd4530beec8d5de58c\" tg-width=\"1146\" tg-height=\"2020\"></p><p>After seeing this large position closure, I quietly closed all my short puts and bought back the 400 puts I had before.</p><p>I don't know what situation could cause institutions to change their stance so quickly, which is quite unusual. I suggest everyone take protective measures as well.</p></body></html>","text":"It's terrifying upon reflection - the large bullish position of 32,000 Tesla call options has exited. $TSLA$ Recently, many deep out-of-the-money put options have appeared on mainstream stock opening position lists, such as puts around 250. Compared to normal correction expectation layouts, these seem more like lottery tickets, which I dismiss with a laugh. Moreover, bullish institutions just rolled over their 380 call options on Monday ($TSLA 20250221 380.0 CALL$ ). The market shouldn't be so disrespectful as to crash before Trump takes office, right? However, this large position of 32,000 contracts was closed on Thursday: Unlike NVIDIA, which rolled from 140 to 125 while reducing position size and continued holding calls at a lower strike price, this position was completely closed. As shown, the open interest for the 380 calls is now only 4,847. After seeing this large position closure, I quietly closed all my short puts and bought back the 400 puts I had before. I don't know what situation could cause institutions to change their stance so quickly, which is quite unusual. I suggest everyone take protective measures as well.","highlighted":1,"essential":1,"paper":2,"likeSize":1052,"commentSize":0,"repostSize":51,"favoriteSize":0,"link":"https://ttm.financial/post/386261675827304","repostId":0,"isVote":1,"tweetType":1,"viewCount":4567,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA","TSLA 20250221 380.0 CALL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":962,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/386261675827304"}