TSLA filled the 4/19 earnings gap on Friday, and closed with a bearish engulfing candle on the daily.

Puts under 166.5 can work

Trade Idea: 160P 5/19/23 under 166.5

This market environment is tricky. I would continue sizing smaller. Remember to always focus on your risk management

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.