I discussed this trade in this morning’s Investing Strategy Notes. This is a high risk trade with Tesla trading at 1123 times PE. Next earnings should cut that PE by around 40% or more however. The company pays no dividend. I would never suggest this trade for anyone as it is definitely a spec trade, but I have done well using the Put Options Selling Tool Analysis with Tesla Stock to time entering trades and exiting them.
The rest of this trade alert and ideas article is for FullyInformed Members.
Tesla Stock (TSLA) – Trade Alert and Idea for Wed Feb 24 2021
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.