Buying Long Term: TSLA 400 January calls 5x Oversized
TSLA 420 January calls twice that contract amount.
The strategy here would be to look to butterfly Tesla Januarys in the future but keep a kicker exposed for incase a parabolic event was to show itself
TSLA had a defining moment with a clear transformative truck strategy yesterday. This product is a no brainer for this industry, but also shows the flexibility Tesla has . Questions are still there about execution risk especially since model 3 has not yet seen big production numbers but we wish to have a strategy in place before the model 3 numbers come out, just for incase there is a catalyst that lifts us to all time highs.
Brining back a sexy super car killer car with the roadster thats showing the potential of changing what we thought a super car was capable of doing, also helps the larger image of Tesla as now a company leading in ways no other car manufacturer has or is capable of. It brings back some sexiness to a stock that has been beat down for quite some time lately .
The magic number is a 400 pass and were positioning for that possibility here.
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 !!