OptionsDelta
11-07

The Fake Trump Concept Stock: $Trump Media & Technology(DJT)$

The Real Trump Concept Stock: $Tesla Motors(TSLA)$

Institutions are rolling their TSLA covered call positions higher, targeting a $295-$320 upside range for next week:

Sell $TSLA 20241115 295.0 CALL$ 
Buy $TSLA 20241115 320.0 CALL$ 

I think their pricing may actually be a bit conservative - we could easily hit $300 by Friday itself.

No new notable call buys surfaced in $Nvidia (NVDA)$, but the $Semiconductor HOLDRs ETF (SMH)$ saw this upside call spread:

Buy $SMH 20250117 275.0 CALL$  for 12,200 contracts
Sell $SMH 20250117 305.0 CALL$  for 12,200 contracts

Buying upside calls in the SMH ETF represents a bullish stance on a broader semiconductor rebound. And if semis rally, NVDA will inevitably lead the charge as the sector bellwether. So continue holding NVDA through Q4.

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Comments

  • KSR
    11-07
    KSR
    👍
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