$TSLA VERTICAL 250321 CALL 265

Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.

Sold a vertical call spread on TSLA, collecting $0.50 credit on a 2.5 wide spread. Despite the slight bounce towards the upside today, I do not believe this is a sign of recovery yet. There was a release for a interview of Elon Musk yesterday, and it clearly showed his dissapointment and apprehsiveness on his business empire.

Coupled with news that Trump said that he will purchase a Tesla car tomorrow in bid to support Musk and endorsing him as a great American, I look at it as a desperate PR move or just another stunt to gain more headlines and media attention by Trump d/t his narcissistic traits.

With that, I opened the vertical call spread, with sentiment that TSLA has further downside to run.

@madluvyz - Specialist in using TA to sell options and swing trade.😺

Can Tesla Overcome the Challenges of Being a Political Target?

Tesla bull Dan Ives has drastically cut his price target for Tesla, calling it a 'political symbol'. Tesla drops 9% to $220 on Monday's overnight trading. --------------- Will you add Tesla at $200? When will Musk leave DOGE? Can Tesla overcome the challenges brought by Trump?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

DIMCO
03-12
DIMCO
Great strategy, love the analysis!
- Madluvyz:
  Thank you! 🙏🏼

Leave a comment

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Despite the slight bounce towards the upside today, I do not believe this is a sign of recovery yet. There was a release for a interview of Elon Musk yesterday, and it clearly showed his dissapointment and apprehsiveness on&nbsp;his business empire.&nbsp;\nCoupled with news that Trump said&nbsp;that he will purchase a Tesla car tomorrow in bid to support Musk and endorsing him as a great American, I look at it as a desperate PR move or just another stunt to gain more headlines and media attention by Trump d/t his narcissistic traits.&nbsp;\nWith that, I opened the vertical call spread, with sentiment that TSLA has further downside to run.[Miser]&nbsp;&nbsp;\n@madluvyz - Specialist in using TA to sell options and swing trade.😺<img src=\"https://community-static.tradeup.com/news/ec7eb7ad6439a4cf969a27915f7851a5\" tg-width=\"324\" tg-height=\"544\"><img src=\"https://community-static.tradeup.com/news/3ec161df91166a4e7c90032a58b8e42c\" tg-width=\"1170\" tg-height=\"2532\"></body></html>","text":"$TSLA VERTICAL 250321 CALL 265.0/CALL 262.5$ Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. 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[Heart]","text":"Great strategy, love the analysis! [Heart]","html":"Great strategy, love the analysis! 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