TSLA looks ripe for a short squeeze up to $2k-$2.2k next week as shorts continue to cover. I purchased $1,800 strike calls for ~$10, so I hope to profit 20x-40x next week if shorts continue to squeeze and my PT is reached.
Comment:
My PT of $2k has been reached. I sold half of my $1800 strike calls here for ~$200 (20x). The chart indicates continued strength, which makes me believe that there could be a continuation to the high end of my PT range, around $2.2k, by tomorrows close, so I'm holding the other half of my $1800 strike calls for a potential continued run.
Comment:
Sold the rest up here for ~$280 (28x). It looks like it's peaked and ready for a pull back.