TSLA bear put vertical options play for 1/27

26 Oca 2023

I know this is a little late. But yesterday on the live stream I was mentioning the idea if TSLA gapped up over 158 from earnings I would to pick up a bear put vertical for 1/27. Well as we have gotten closer to the market opening on 1/26 TSLA has moved up and gotten closer to 160. I'm gonna look to get 155/152.5 bear put vertical for 1/27. Gonna wait about 15-20 at least to let volatility come down in options prices and possibly wait for it to run to 165 and look for a reversal pattern. TSLA up over 50% in the past month.