πππWith Elon Musk and Donald Trump reigniting their feud over Trump's Big Beautiful Bill, the political fallout is spilling into Tesla's share price. It is currently down 4% in pre market.
A Buy Write Strategy is a good options strategy to use for Tesla now. This involves buying $Tesla Motors(TSLA)$ shares and selling a call option on those shares to generate income.
This strategy can be compelling if you believe that Tesla is near a technical or sentiment driven bottom. You are OK with capped upside in exchange for premium income and you want to reduce cost basis while waiting for a rebound.
Tesla's long term goals have not changed. The current political drama is just a temporary setback. Tesla has lots of exponential growth ahead and is fueled by innovation and forged in gigafactories.
@Tiger_comments @TigerStars @Tiger_SG @CaptainTiger
Tesla Rebounds From Earnings Woe: Robotaxi Again?
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