Tesla technical analysis after the Split plus this weeks option play. Look at my related ideas to see how previous TSLA plays went. God bless you
This weeks play:
$470 Call 9/4 @ $1800 (I grabbed 1, do not trade this)
Tesla looks extremely bullish as we move forward with this 1-5 split. On top of purchasing some shares before the split, we grabbed a weekly options play.
Historically growth stocks have done rather well pre/after a said split. I personally am very bullish on TSLA & Apple moving forward into September.
Unfortunately, it doesn't look like $TSLA will come down enough for you to enter at those levels. That being said, please do your own research before investing.
This weeks play:
$470 Call 9/4 @ $1800 (I grabbed 1, do not trade this)
Tesla looks extremely bullish as we move forward with this 1-5 split. On top of purchasing some shares before the split, we grabbed a weekly options play.
Historically growth stocks have done rather well pre/after a said split. I personally am very bullish on TSLA & Apple moving forward into September.
Unfortunately, it doesn't look like $TSLA will come down enough for you to enter at those levels. That being said, please do your own research before investing.
Comment:
I exited these contracts @ $3300 per contract, could've taken $4000 each but got a bit greedy. Will be watching this closely moving forward this week.
