$Tesla Motors(TSLA)$ tsla stock being highly volatile pierced through all the moving averages. I wanted to go long at the 20 sma but it didn't hold so I didn't execute the trade. Stocks are rallying on the Venezuela news today. If price can remain above the 50 sma an iron condor would be a good trade to capture some premium as I expect price to consolidate between the 20 and 50 sma
$TSLA 20260116 410.0 CALL$ the huge drop last week gave me big gains on this call option. The uptrend on tsla stock is still intact. A bounce should be coming soon. If tsla drops to $420 near the 100 sma it will be a good area to go long
$TSLA 20260116 410.0 CALL$ the drop on Friday gave me a nice gain on this covered call position. Hopefully it will continue to consolidate or drop lower then I can roll this call up to a higher strike
$Tesla Motors(TSLA)$ took a dump on Friday as the market continued its slow grind upward. I believe price will consolidate between $500 and $465. Right now tsla is trading at $470. When market opens later if price drops to around $465 that would be a great opportunity to go long. I plan to sell a bull put spread to collect premium as price consolidates with a stop loss below the 20 sma. What's your trade plan for this week?
$Tesla Motors(TSLA)$ continues to edge higher. Over the weekend the Delaware Supreme Court ruled that Elon Musk's 2018 CEO pay package, worth $56 billion dollars, must be restored. This is favourable for tsla stock. I believe tsla will reach $500 before 2026! Santa Clause is coming to town 🎅 hohoho![Miser]