Tesla
Long
Updated

Day 8 Short Day Trade.....TSLA Short Trade on Options Call

378
We closed our NVDA position with great gains. Sorry I have been a little behind with actual work but...here's the play of the day.
TSLA is down as is the rest of the market, BUT, just beat expectations on deliveries. The trend did show signs of reversing from the Resistance, meaning TSLA should be on a down trend now but has come a long way from this mornings lows and tends to have a history of turning Green on Days it beats on deliveries. Worst case we will take advantage of the volatility here and get out quick, So we are Buying 10/09 Call Options Strike at $433 (just outside the money) at $17.90, buying a total of 6 for $10740 and looking to get out buy the end of day or on rise back up. A risky trade and I've had bad luck with TSLA in the past that's why im not putting up more cash. We still got $7k on the sidelines but.... if we watch this close I think there is an opportunity for a short trade to make a quick buck.
I AM NOT a financial Advisor and THIS IS NOT FINANCIAL ADVISE.
again short trade here looking to exit by end of day....GLTA
Note
Well that isnt lookiny yoo great lol but we bave time remaing balance we are buying DKNG 10/16 Call Options for $1.61, buying 40 Calls at $6,440

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