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EdgeAnalytics
Nov 15, 2016 6:31 PM

Risky But Trendy Bear Call Spread Entry on TSLA Short

Tesla, Inc.NASDAQ

Description

TSLA began its downtrend awhile ago, so it's already a volatile and risky stock to jump in on at this stage in the game. However, with good trade management, we can do an ATM Bear Call Spread at the 185 price mark. Trail your stop to the Red line, because this could turn at any moment. 1 month until expiration.
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