zacknevefx
Short

TESLA Put strike 250 exp. 9/11, 9/

NASDAQ:TSLA   TESLA INC
Bought two puts at 250 strike, 250 price for $9, 7$ premium. Looking for $230 and lower. $230 good oppertunity to take profit on 9/11 strike and then move stop on other to break even at 1:1 RR.

Trade looked good, daily was over bought seemed pretty extended. I had bought a call at 215 looking for 250 when it came to 250 I sold that call and reversed the position on that same day. All technical pointed for a bounce lower. Supply levels as well as the overbought daily.
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