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.
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