$Direxion Daily TSLA Bull 2X Shares(TSLL)$ Weekly Recap 10/7 - 10/11: Absolutely brutal sell off after Tesla’s Robotaxi event
We closed our TSLA and TSLL covered calls for $22K realized profit
We are still holding our 10/25 $240 Puts. There’s about $22,400 in unrealized losses on these, but $8K~ of that is time and volatility value that will decay over the next two weeks
If we sell off further, I’ll look to roll these out and to a lower strike. I have a hard time thinking we go lower without bouncing first. Actively looking to sell more TSLA and TSLL calls on a strong bounce.
I’m confident October can still wrap up to be a monster month
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