I closed 1.0 unit(s) $TSLA DIAGONAL 241025/241101 CALL 265.0/CALL 275.0$  ,😅 thought I was ready for the underlying shares to be called away when sold that short covered call option yesterday with the strike of 265. Didn’t expect Tesla to have ended yesterday’s session with gaining over 20% in a single day. Today the share price continues to go higher, shortly after market opens it already shot pass my CC strike thus decided to ride the Bull wave a little - by rolling the 265 call to 275 and out to next Friday’s. Shall see how the momentum goes, if base on market moves in twos theory , the target price is $300 and that is inline with its previous swing high high back in July 2023’s price, this may likely act as a strong resistance level. Btw rolling this option out a week with a $10 higher strike was still a credit trade. Shall continue to do so till 300 level if the bullish momentum continues.
TSLA Diagonal
10-25 21:50
US265.0/275.0
SidePrice | FilledRealized P&L
Credit
Close
-1.00
1
--
Closed
TSLA DIAGONAL 241025/241101 CALL 265.0/CALL 275.0
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