Omg...-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Chinny168
12-30 11:12

Omg...

$Tesla Motors(TSLA)$ 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?

$Tesla Motors(TSLA)$ 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?

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