Tesla
Updated

$TSLA Golden Gecko - Short IC, Probability of Profit of 83%

298
Non Directional trade going again. Winner Winner here I think.

Slight long bias 2.7 Delta and Theta decay is 4.6, but picking up fast here in the final three weeks here.

Good luck traders.


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Currently this trade is up 35.6% with a probability of profit of 74%. Option decay continues over the weekend. Happy to report that this trade will ideally be worth much more next Tuesday morning. As we get closer to exp the time decay will likewise start to pickup. 21 days left to exp
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Current Pop is 75%, theta is at 11.467, delta is -2.08 - current profit is at 35.6%

I will be holding this trade ideally till the 9th, and will then do the strategy on a futures product I am eyeballing. I will need to because of the capital requirements.
Great trade. Great return.
Trade closed: target reached
Massive success. Closed today

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