Just decided to do an easy quickie on two trade
Everyone can see that Tesla is very bullish right now so i wanted to play the volatility on the PUTS
put two sell orders at 240 with two different expiries
one at 0,57 for today and second at 4,80 both triggered when the trend was downward during the first few hours.
The one of today was set at the lowest of the first hour trading range around 240 as you can see on chart
For sure will be an easy 57 dollar on 100 shares, small but better on my pocket :-)
the second is on one week 19/07 made 480 dollar on 100 shares , unlikely will be in the money but if it is then happy to buy TESLA at 240 and sell one week calls at 250 dollar for a quick win on a sales.
if not triggered these easy trades makes 537 dollar per 100 shares so 24000 = 2,2% in one week so around 100 % annualised
Everyone can see that Tesla is very bullish right now so i wanted to play the volatility on the PUTS
put two sell orders at 240 with two different expiries
one at 0,57 for today and second at 4,80 both triggered when the trend was downward during the first few hours.
The one of today was set at the lowest of the first hour trading range around 240 as you can see on chart
For sure will be an easy 57 dollar on 100 shares, small but better on my pocket :-)
the second is on one week 19/07 made 480 dollar on 100 shares , unlikely will be in the money but if it is then happy to buy TESLA at 240 and sell one week calls at 250 dollar for a quick win on a sales.
if not triggered these easy trades makes 537 dollar per 100 shares so 24000 = 2,2% in one week so around 100 % annualised
Trade closed: target reached
both expired out of the money so i am winning the premium
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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.