From $2 To $20 Overnight: A $TSLA Earnings Trade
From Live Trading Room recorded on October 24, 2024
Samantha made the bold call to put on a NOV 15th bull risk reversal where the $200 puts were sold to finance $250 calls. The result was a move from $2 to $20 overnight.
But the other side of her analysis was for those who wanted to stay long, TSLA needed to stay above $237 on weekly to make it to the $271 price target. We hit Monday! Congrats, Tesla Bulls!
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