Tesla received another price target raise today. Bank of America gave the hot stock a price target of $900. It seems like the stock gets an upgrade a few times a week. with the stock down today I bought 200 shares at $840.75.
Buy 200 Shares TSLA @ $840.75
I plan on selling a 2 contract Call today. It looks to me like the market might recover. I hope I’m right! I would like to see the stock go up a few dollars then get a better premium.
I have a lot of positions expiring this Friday so I might sell this Call to expire in 2 weeks on Jan 22nd. I let you know as soon as I sell the Call.
Successful trading,
Steve
The Options Coach