Tesla Post-Split Moon? $500 & BEYOND
Updated
Tesla technical analysis after the Split plus this weeks option play. Look at my related ideas to see how previous TSLA plays went. God bless you
This weeks play:
$470 Call 9/4 @ $1800 (I grabbed 1, do not trade this)
Tesla looks extremely bullish as we move forward with this 1-5 split. On top of purchasing some shares before the split, we grabbed a weekly options play.
Historically growth stocks have done rather well pre/after a said split. I personally am very bullish on TSLA & Apple moving forward into September.
Unfortunately, it doesn't look like
TSLA will come down enough for you to enter at those levels. That being said, please do your own research before investing.
This weeks play:
$470 Call 9/4 @ $1800 (I grabbed 1, do not trade this)
Tesla looks extremely bullish as we move forward with this 1-5 split. On top of purchasing some shares before the split, we grabbed a weekly options play.
Historically growth stocks have done rather well pre/after a said split. I personally am very bullish on TSLA & Apple moving forward into September.
Unfortunately, it doesn't look like
TSLA will come down enough for you to enter at those levels. That being said, please do your own research before investing. Note
I exited these contracts @ $3300 per contract, could've taken $4000 each but got a bit greedy. Will be watching this closely moving forward this week.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.