Buying Swing: buying TSLA 337.50 weekly calls at 1.85 area 10X Oversized . TSLA hit here support plus a 78.6% fib extension so am doing an aggressive bounce bet here. After a fall on GS downgrade and as we know from the past a GS downgrade is usually a bullish opportunity especially after the most significant news, that model 3 will be released this month , on time, the product we have been waiting for from Tesla since years before the company IPO. We must try to bounce critical levels from here on in and this one is a very significant level on what we believe is a manipulated pull back if we have ever seen one.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!