Sold My 2nd Tesla Long Call

As I reported a little earlier yesterday I bought two Tesla Calls. One I sold about an hour ago for a $1000 profit and I just sold the other for a $500 profit.

This second Call I was a little worried about yesterday. As soon as I bought it the stock went down $10. Well, today the stock rebounded nicely and I am out of both Calls in one day. Now I look for another buy-in opportunity. A little pullback and I’m in.

12/9/24 – Buy to Open 1 TSLA 1/10/25 $395.00 C @ $31.00

12/10/24 – Sell to Close 1 TSLA 1/10/25 $395.00 C @ $36.00

 Profit +$500

The Call I sold earlier had a ROI of 33.8%. This one I invested $3100 and I’m out with a $500 profit. My ROI on this Call is 16.1%. These are great returns, especially for one day trades.

 

Successful trading,

Steve

The Options Coach