TSLA has been chopping but now that SPY sold a 450, at least on first go, if it continues lower then TSLA should break 1020. Weekly chart and suppressed VIX give me reason to buy 14Apr options (option prices are cheap right now)
Comment:
The chop continued until the last 30 minutes, so I sold the TSLA put and decided to wait until Monday. The thought was if SPY started selling down from 450 that maybe selling overall would pick up and TSLA would break lower. I was watching a descending triangle on 60 min chart and 15min showed potential for more downside.