Filled on Tesla Trade

On 3/1 I bought 200 shares of Tesla (TSLA) at $704. At that time I sold a Call bringing in a huge premium. With the sell-off the stock dropped over $150. In the last 2 day it had a big comeback. Today with the stock at $710 I sold a 2 contract Call. I sold 2 TSLA 3/12/21 $735 Calls for a premium of $15 for $3000.

 

Sell to Open 2 TSLA 3/12/21 $735.00 C @ $15.00 (+$3000)

This trade is a Risk Factor 1 and should push me over my weekly goal.

 

Successful trading,

Steve

The Options Coach