Option Strategies: TSLA& CELH
Hello everyone! Today i want to share some option strategies with you!!
1.
$Tesla Motors(TSLA)$ We are continuing to sell puts on TSLA heading into tomorrow's Robotaxi event in order to take advantage of elevated IV.
Got several positions ranging in strikes - 210, 212.5, 215, 217.5 ... and will roll up to 220+ depending on how price action plays out.
2.
Been watching $Celsius Holdings, Inc.(CELH)$ for a while since it looked like it was bottoming out. Then all this chatter from other fintwit folks this week confirmed what we were thinking.
Waited for price action confirmation before taking a position. Got what looks to be a morningstar pattern on the daily chart. Might just be a technical bounce after such a long sell-off. Price action after-hours looks promising to validate the pattern, but we got CPI ... so, we shall see. 🤞🏽
Earnings are coming up in a few weeks, so will be looking to swing this into earnings and take profit (assuming we haven't been stopped out).
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https://x.com/Selling4Premium/status/1844182586387837266
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