TSLA
looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so.
TSLA
has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the reaction to earnings be positive. Let's see. This week should be telling on the directional move for equities.
코멘트:
Since we haven't hit the lower range yet, I won't take longs yet.
코멘트:
Big move up on bad earnings, will be shorting this down to the bottom.
코멘트:
Bought a bunch of lottery tix. 4/26 $141P... let's see if it hits by end of week.
코멘트:
Bought some $4/26 $149P as well and some 5/03 $120P (don't anticipate it getting this low, will sell on a big down leg though).
코멘트:
Bought $177.5P for 5/3 expiration
코멘트:
Going to buy $138P for 5/10 at open. Still of the mindset that we see the lower support get tested before the full move higher begins, either to the $201 level or to the upper resistances $240-$270.
Either I make a lot on this idea, or I'm completely wrong, but we'll see in the next week.
Either I make a lot on this idea, or I'm completely wrong, but we'll see in the next week.
코멘트:
Bought 100 contracts
코멘트:
$177.5P now in profit.
코멘트:
Added 50 more contracts to $138P 5/10
코멘트:
$138P now in profit.
코멘트:
Rolled the options to 5/17
코멘트:
Options now up 45%
코멘트:
Added 5/31 $150 Puts
코멘트:
Continuing to add to the $150P position. Let's see... I think it can likely get up to $186-187, then reversal
코멘트:
Reversal played out at $186. Now let's see if we get the move down next. Added even more puts today.
코멘트:
Closed my position. Going to reopen next week. Think the move down likely happens next Thursday. Chop until then.
