10baggerbamm : why would anybody want to short this stock I don't understand the logic of people Trump won the election Elon Musk is a driving force for the reason why Trump was elected because many people don't particularly care for Trump but love Elon Musk because of Tesla stock because of SpaceX because of who he is as a person because of his ingenuity you pick it and they respected him enough to vote for Trump. there's nothing that Trump will do when it comes to electric vehicles that will in any way hurt Tesla shareholders nothing Elon Musk is going to say to Trump this is what I'd like to get this is what I'd like to have done and Trump will say and you need that done today or tomorrow. Dan Ives has made it clear multiple times since the election that the robotaxis are a trillion dollar market minimum for Tesla minimum and what was a 5 to 6 year potential time frame is now maybe a two to two and a half year time frame and it might be ramped up even quicker.

StockPeep : Market waiting for CPI also. Will see where market goes after data release.

Cow Moo-ney OP StockPeep : Indeed

151877033 StockPeep : When is CPI released?

StockPeep 151877033 : Before market open 8:30 est

Credible Commerce : Headed to 600 data on target

TinkerB3ll : Good sharing but I find the option volume is not that volatile as compared to stocks of the same price. But still good to consider.

10baggerbamm OP TinkerB3ll : it has nothing to do with option volume you're not looking for a breakout or a breakdown you're not betting the stock is going to go up or fall you're looking for an area that is a realistic level that the stock potentially might fall to and then you want to go a little bit lower and that's where you're going to sell the put so you collect the premium and you mitigate the risk of being put to stock. you only want to sell puts on companies that you want to own and the reason is you can't control the gyrations in the market and you can get very quick sell-offs going into a Friday afternoon close options don't trade pre-market or post-market it's 9:30 to 4:00 p.m. so the only way to remove the risk of being put a stock that's going against you is to buy the contract back which would result more than likely at a loss. that is why you only want to sell puts on companies that you want to own.
and again it has zero to do with the number of contracts that have traded it has zero to do with anything other than a way to generate basically free money for a very short period of time which is how I do what I do it on a weekly basis and the cumulative returns that selling puts achieves versus somebody that is buying and holding a stock for example or waiting for a stock to fall so that they can buy it and hold it selling puts greatly exceeds the rate of return.
even though I lost my Tesla stock a week ago Friday and it was called away my cumulative returns this year from selling puts on Tesla are up over 150% versus buying and holding the stock.