Buying Swing: We all know the TSLA short interest is impressively high, but I am awaiting the parabolic action that is sure to follow such a uniq continuing ever increasing pain increase on shorts. We are dangerously close to to max pain short levels as we inch closer to the all time highs but since the interest has been so high for so long there panic may ensue earlier and even here where we stand on the 260 pass clear to with no resistance till 271.23. What im trying to say is, a parabolic move with a 200 point plus point rally within a span of weeks if not 2 months to bring us comfortably into the TSLA 480 plus price range is inevitable and immediate once the shorts finally begin to give up. Im not sure if it the TSLA parabolic breakout move begins right now? as the 260 pass must create great discomfort, or if it begins when the 271.23 level is passed or if its reserved to the final all time high point. But what I do know , and those of you in the playground know all to well, is that im aggressively bullishly placed with weekly strategies to capture the highest % gains once the rally truly gets going.
After todays opening TSLA 30 min candle emerged a Doji and the candle there after gave us bullish direction we removed our short call butterfly body protection at 265 with the expectation of a continuation of more volatile nature to emerge after the 2 week sideways consolidation we have had this far . Ofcorse this overly aggressive TSLA weekly exposure is intraday but with kicker always exposed overnight after todays very telling 30 minute opening candle read us the story of whats to come from 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 !!
Buying Swing: We all know the TSLA short interest is impres
- MMASSASSIN
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