I opened 2 lot(s)
$TSLA 20250815 200.0 PUT$ ,First trade into TSLA. Trying out a new name here.TSLA is a very volatile stock which means that the prices of the options are really wild and the premiums are high. I didn't really like the nature of it, how it's swung by anything and everything that is Elon Musk so I have been putting it off until now. However, that apprehension is something that I think I can deal with better now that I have been trading for some time. 200 strike is a very "safe" bet for now, below all the MAs and the market seem to be recovering a bit. Will build on the strategy once I am clearer about its movements.
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