$32 Profit
TSLALong Option
Chopper_Trader

Saw Tesla moving up yesterday so I took a debit call spread position. Bought the 02/17/2023 $90 call and sold the $95 call. It gapped up nicely this morning so I took my profits and got out. It's probably going to run up a bit but without some long term charts with some stacked averages it's still in a down trend. I will be looking for a possible short at a decent fib level. My R/R ratio was horrible but the straight up calls were to pricey. I try not to go over 5% on any trade.

000

DatePrice
Entry12/28/20223.50
Exit12/29/20223.85
  • Total Views41
  • Position Size1
  • Percentage9%
  • Option TypeCALL
  • Strike9095.0
  • Expiration2/17/2023
Proof
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