What I do for weekly and monthly to generate extra income. I hope to share so that my tiger friends can make money. Even when stocks are up ? or down ? I practise this strategy for side income. In doing this strategy please make sure you have the money ready to buy the 100 shares when your options are exercised. I use this strategy on Tesla as I don’t mind buying more at lower price.For weekly I will sell a put option out of the money and for monthly at the money strike price. Whichever month when the option position is not in your favor you could either buy the 100 shares or roll over your position. Let’s say when you have toomany Tesla shares you could always sell a covered call to earn extra income when you don’t have anymore money to sell a naked put contract.
$Tesla Motors(TSLA)$ Tesla has bottomed from here looking at the technical. Buyers are there to take advantage of any big dips. Market has become to realise Tesla is not just an EV company but many growth businesses in the pipelines. Once 265 is broken massive squeeze will happen. Mark my word 😉
$Tesla Motors(TSLA)$ The momentum is strong at this point. With EV sales bottoming, energy storage soaring, AI, FSD and Human bots etc. I think it's just the beginning of more funds and investors rushing in to buy before they are left behind. I have always said Tesla is a long term buy and hold strategy. Timing the market won't help. I have invested for yrs now & still not selling even if it hits 400. 😉
$Tesla Motors(TSLA)$ Tesla breaking out of 415 and closing above will be a major up trend. We could easily see ourselves breaking 500 in a very short period of time. Elon has said before Tesla will have is ChatGPT moment just like Nvidia. Let's go 🚀🚀🚀
$Tesla Motors(TSLA)$ Investing in Tesla is a long term play . If you believe in what's coming for the future like Full Self Driving (FSD), energy storage, OptimusBots, robotaxi and insurance. Stay invested and dollar cost average. i believe we could 10x or more in the coming years. Be comfortable with the stock volatility and you be rewarded handsomely 😉
Tesla is a buy and long term hold. Be it I'm up or down 30% still not doing anything about it. Should it drop again to stupid prices I'm adding more. Look at longer time horizon current prices don't matter. 😉
Dear Tiger Friends,Recently I have written an article on how to sell a option put contract to earn weekly or monthly income and I have received many queries. Allow me to explain further to this. Selling a put option is apowerful strategy used by many and famous Warren Buffett. Before you consider selling a naked put options you have to understand what’s your strategy objective . 1) Do you want to own 100 shares or 2) just want collect premium for income. Either way it is important you must have the money ready should your put contract exercised. Once you understand your objective you can then decide if you want to own the 100 shares or roll over your option again to collect premiums. My suggestion to those who are new and have not trad
Tesla is a long term buy, hold and dollar cost average. It will never go wrong. With the recent pricedrops it's a golden opportunity to add more shares 😉
Investing in Tesla shares is a emotional journey. If we could put aside our emotions, market noisesand look at long term you be rewarded. Let me share my experiences in the past and why today I’m not bothered with the price movement anymore. Started investing in Tesla back in 2019. I didn’t know much about Tesla then but I was hoping for quick returns. When the share price went up I sold for 10% gains but it went up even further. I waited for the share price to pull back and I went in again.Came 2020 it dropped so much due to COVID and I panic. I sold at loss and lost my earlier gains. Since then I started finding out more about Tesla by watching YouTube and learning more on Elon. I was convinced Tesla is the future and I believed in Elon a visionary person. Since