Day Trade With Tesla

Some may think I’m a complete maniac, but I just got out of the Tesla position I got into about an hour ago. It’s a rare day trade.

Tesla is really bouncing around today it was down as much as $75 then it went into positive territory for a little while. When it was down I bought a LEAPS and when it went positive I decided to sell the position making a day trade. This short time day trade gave me a $3500 profit. This money is already in my mattress!

8/24/20 – Buy to Open 1 TSLA 1/15/21 $2000.00 C @ $365.00 

8/24/20 – Sell to Close 1 TSLA 1/15/20 $2000.00 C @ $400.00

Profit +$3500

This trade gave me a ROI of 9.5% in an hour. This is Monday and I’m already up over $20,000……Locked in! The power of LEAPS!

Tesla is dropping as I write so I might be back in by the end of the day.

Successful trading,

Steve

The Options Coach