‌$TSLA 20230616 350.0 CALL$ $TSLA 20230616 350.0 CALL$   ‌There are 2 things I liked about the recent price action. (1) TSLA price went up daily while the main index rose and fell, (2) Price finally broke above $200 today. There are 3 things I disliked though, (1) Price is having a very hard time defending the $200 level, I feel that the "short squeeze" is not strong and people who bought below $130 are taking profits,, (2) With all rising wedge prices, the fall will be hard and painful. (3) Volume traded at the $200 level is not significant, seems to lack conviction. With these in consideration, I closed by position. Bought @$0.85 (stock price below $130), closed @$4.35 (stock price above $201.50 to fill the order), roughly 5x. Yes, there is a chance that the "short squeeze" will continue and price may continue upwards, but I don't want to be holding this position if the rising wedge breaks downwards. I will look to set up another bullish position when there is a future dip.