NaughtyPines

OPENING (IRA): TSLA JUNE 18TH 440 SHORT PUT

NaughtyPines Updated   
NASDAQ:TSLA   Tesla
... for a 14.15 credit.

Notes: With 30-day at 86.6% and expiry-specific at 88.5%, a bet that TSLA doesn't lose half its value over the next 143 days. 3.32% ROC at max, but am likely to chicken out and take profit at 50% max.
Trade closed manually:
Taking profit here; closing for 12.70 for a 1.45 ($145) winner. Post-earnings, vol has crushed in (now 63.5%), so I actually made money even though the stock went down due to the decrease in implied. Will re-up lower down the ladder with the same basic play.
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