Hi all,
Been awhile since I posted an analysis as I have been traveling and trading from the road (minimal amount).
I added to my long on TSLA on Friday (shares @ 235 ), and added a 250 / 265 call spread for May 31st.
Entry @ 3.95
Stop loss at -20% @ 3.16.
I'm expecting price to retrace to the 270 area before end of the month, but will close the position around $8-10 depending on price movement next week or so.
Been awhile since I posted an analysis as I have been traveling and trading from the road (minimal amount).
I added to my long on TSLA on Friday (shares @ 235 ), and added a 250 / 265 call spread for May 31st.
Entry @ 3.95
Stop loss at -20% @ 3.16.
I'm expecting price to retrace to the 270 area before end of the month, but will close the position around $8-10 depending on price movement next week or so.
Comment:
Title is incorrect, I'm long shares / options @ 235, not 232
Comment:
Position closed @ 5.47