TSLA - swing puts, small position

16 Haz 2020

Look at weekly and daily chart. I prefer to go farther out in time but options are pricey. With the volatility of this stock, use less capital, even one option contract is good for the reward to risk.
I bought 6/26 expiry 840 puts and plan to sell all or most this week.
Earnings are July 29 so I may buy puts for a 7/17 expiry. I am not sure if stock will continue climbing into the 1000's before earnings.

17 Haz 2020

İşlem aktif

Stock went over 1000 and back under. I bought more puts. Compare June 4 and June 12 - you will see a higher low while stochastic and RSI both moved lower.