Terra Incognita
11-23 19:30
I closed $TSLA 20241122 365.0 CALL$  ,

TSLA: this is the buy call $365 protection that expired worthless and lose all its value as intended. 

collected this bear call premium in full when it expires below $365 on 22nd Nov.

TSLA at near term resistant level of $360 and buy back at $365, risking maximum $500 per contract on this trade.

Premium collection is $135 so is about 27% reward to risk ratio.

Still think TSLA is overbought despite the sell off last week and strongly rebounded on Monday 18th Nov. 

TSLA CALL
11-23 15:20
US20241122 365.0
SidePriceRealized P&L
Sell
Close
0.00-100.00%
Closed
Tesla Motors
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