Terra Incognita
06-25
I opened $TSLA 20240719 210.0 CALL$  ,TSLA: collect 1.2% premium on this covered call for TSLA with strike $220 which is about 13% higher than current market price. The contract duration is for 24 days expiring on 19th July. Tesla had been ranged bound since the initial pop after earnings in late April. Technicals are still bearish and trading below its main 200 days MA by significant margin. Sold the covered call above this 200 days MA for margin of safety while still collection acceptable level of premium.
TSLA CALL
06-25 22:12
US20240719 210.0
SidePriceRealized P&L
Sell
Open
2.54-1,073.22%
Holding
Tesla Motors
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