$STLA 20250321 15.0 CALL$ Closing my stellantis call that I opened about 2 weeks ago when the stock was at 13.80, I was hoping market mover would push down the stock before earnings. I miscalculated and the stock remained at 14 and above right up till earnings.
But Stellantis released earnings last night and reported a 50% dip in revenue. As expected the stock dropped, in premarket about 1 whole dollar. I decided to close my call at a decent profit, instead of waiting till expiry.
I was already expecting a bleak reality to the expectations, which us why I've been selling calls. I think the stock has further to go down but I'm gonna wait and see before deciding to sell puts or calls.
Be sure to stay tuned because I will be doing another analysis on the latest financial report.
$Stellantis NV(STLA)$ $Tesla Motors(TSLA)$ $Ford(F)$ $General Motors(GM)$
@Optionspuppy @TigerTradingNotes @CaptainTiger @TigerWire
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