Nailed my last analysis on
TSLA
hitting $170 or less and wanted to look for an entry for a CALL option to catch a dead cat bounce or better, THE REVERSAL back to $200. Either way, Quad-witching hour is tomorrow so we will definitely see crazy PA on everything. VERY RISKY play and should not put in what you cant afford to lose.
TSLA
hitting $170 or less and wanted to look for an entry for a CALL option to catch a dead cat bounce or better, THE REVERSAL back to $200. Either way, Quad-witching hour is tomorrow so we will definitely see crazy PA on everything. VERY RISKY play and should not put in what you cant afford to lose.
Trade active:
Deciding to get $200 C exp 3/28. Like I said, VERY RISKY. It broke support and could keep getting ugly which is why i decided to find cheap contract for the "just in case" or "What Ifs".
Comment:
Target price will be to see if this gets back to $170 in a couple days.
Trade closed: target reached:
Was up 100% on contracts and decided to close. Still early into the day and this could keep going but just trying to practice good discipline.