This looks like an excellent range to trade between until earnings.I'll be watching the 100 day moving average. The plan is to sell the 900s, buy the 700s... The pivot is around 850 area. I'm also considering a short straddle strategy. Thanks.
Do you mean short when TSLA reaches the 900 level and buy back at 700? I did not expect it to go up and still see it bearish and go lower to 759 first then 625.
TTECH
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@wardaK, I'm waiting a bit more to see which direction it picks because we're still in the middle. However, my bias is upside ;)
wardaK
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@TTECH, Got you. But was just wondering what did you mean when you said : <The plan is to sell the 900s, buy the 700s>>.short when TSLA reaches the 900 level and buy back at 700?