biasedsenpai

TSLA Earnings Play

Long
biasedsenpai Updated   
NASDAQ:TSLA   Tesla
Bought TSLA calls when it hit my buy criteria at 718 then again at 712 when it dipped more. This is purely an earnings play and I haven't done an earnings play in a long time. I keep telling myself that TSLA near 700 is a good mid term buy, who knows! Not expecting this to go well so we'll see how this plays out. Earnings are tomorrow post-market.
Comment:
I sold 60% of my TSLA calls for earnings. My average was 718 and 712 and I was up so nicely I decided to take 60% of the profits. I7 will let the remaining 40% ride. I'm anticipating a dump for earnings but this should recover quickly since the market will pull it up. If it breaks 755 we should be going to 780.
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