Option Strategies: TSLA
$Tesla Motors(TSLA)$ These were the #OptionsTrading positions we took on TSLA to play it for earnings today.
Bought:
- 495 strike calls
- 352.5 strike puts
Wrote (sold):
- 385 strike puts
- 350 strike put
- 315 strike puts
Plan for tomorrow:
- roll the 315P up to 350P to capture more premium if there is any "meat on the bone" still left
- hold the 352.P as a hedge against the 350P
- hold the 385P to see if we can get assigned shares by end of week (and, if it looks like that's not gonna happen, then we will roll up the strike to capture more premium)
- hold the 495C into next week
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