With earnings out last night for Tesla, the company reported excellent earnings results and forward guidance is also stellar. The stock shot higher after hours. Today the stock also moved higher.
I indicated I would be setting up another trade in Tesla Stock today. Here are the trades done. This trade is out to Dec 20 expiry. I believe with the jump higher today in the stock I may be able to profit from both the put and call side of the trade over the next two months.
This is a high risk trade and could easily result in losses. This style of investing is not for every investor. Those who like a high degree of comfort may find the trade difficult to hold. For investors new to this type of strategy, paper trading is suggested, as it protects capital from loss and allows an investor to learn a new strategy.
These trade alerts are for FullyInformed Members.
Goal of 95% Return For Tesla Stock (TSLA) Trade for Oct 24 2019
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.