MyMIWallet

TSLA - MyMI Option Plays - PUTs

Short
MyMIWallet Updated   
NASDAQ:TSLA   Tesla
I purchased some PUTs this morning as I expect TSLA to rebound back to at least the $268s or $264s for an excellent $12-$16 Puts Catch on the Drop.

I am sharing this to track the trade!
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Comment:
TSLA popped up in pre-market and closed $2 bucks higher so nothing terrible against the PUTs. Although it came out stronger than the weakest I expected, if you look closely, it hit that same top level (purple) resistance that made me want to initiate PUTs to begin with.

Going to see what tomorrow/Friday show me and I could be just pulling out and actually taking on some nice profits!

Comment:

As expected, I'm leaning more towards TSLA filling the Gap before pushing any higher here. Although time is eating me up, I am still looking to gain some decent profits off the extended hold for the option. Thought that the support found this morning would of become a catalyst back to retest the resistance but that was not the case at least from what I'm watching at this time.
Trade closed manually:
Just closed this for a small profit. Switching over to Calls with the same funds.

Tim Burks | Founder - MyMI Wallet
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