It is a good opportunity to get in TSLA !

OptionPlus
2023-03-10

Last time, I wrote the article of Tesla should retreat to give us opportunity to buy again.

Now the opportunity is here !$Tesla Motors(TSLA)$

Due to the expected revaluation of the terminal rate, the stocks are volatile in March. SVB detonated the panic of bank sector last night. That give us some opportunities to get in TSLA.

Which price to buy the shares?

I set to sell put options at strike prices of $165、$160 and $150. $165 and $160 are both due on next Friday, and $150 is due at the end of the month.

TSLA returned to the key support of weekly-MA200, but it doesn't seem to be held here. There is a high probability to reach $160, so I plan to take over from 165.

There is a big gap between 145 to 155. It seems to fill it up soon. However, it is not known whether it will be filled along the upper edge or the lower edge. I will sell put of $135 and $120 after I take over from 165 to 150.The SVB crisis may give us a good time to get in more stocks such as MSFT and NVDA.​

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Comments

  • MatthewWalter
    2023-03-11
    MatthewWalter
    TSLA is still over priced. The EV market is growing more competative every day. Elons EV cornered market days are over. Shorting to $125. especially on the cusp of a recession imposed by the fed to tame inflation.
  • Last one standing
    2023-03-12
    Last one standing
    Ermm… Guys, nothing is free. As in RISK FREE. Especially for stocks like Tesla, you better be sure what you are playing with. With so much uncertainty ahead, I wouldn’t want to rush in now. In trading, best is don’t FOMO. Good Luck.
  • littlesweetie
    2023-03-11
    littlesweetie
    you're no where near any type of reasonable support until you gap fill to $145. Just saying
  • Sunnylr
    2023-03-10
    Sunnylr
    想请教一下,卖出看跌期权,到平仓买入时估计看跌期权更低了,也就是TSLA股价看涨?
  • CrystalRose
    2023-03-11
    CrystalRose
    interest rate hikes are over. Feds won’t risk further bank destabilization. Load now or chase later
  • MIe
    2023-03-11
    MIe
    Good opportunity buy dip for upside
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