$TSLA VERTICAL 250321 CALL 265.0/CALL 262.5$ 

Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.

Sold a vertical call spread on TSLA, collecting $0.50 credit on a 2.5 wide spread. Despite the slight bounce towards the upside today, I do not believe this is a sign of recovery yet. There was a release for a interview of Elon Musk yesterday, and it clearly showed his dissapointment and apprehsiveness on his business empire. 

Coupled with news that Trump said that he will purchase a Tesla car tomorrow in bid to support Musk and endorsing him as a great American, I look at it as a desperate PR move or just another stunt to gain more headlines and media attention by Trump d/t his narcissistic traits. 

With that, I opened the vertical call spread, with sentiment that TSLA has further downside to run.[Miser]  

@madluvyz - Specialist in using TA to sell options and swing trade.😺

# Tesla Skyrockets 22%: Hit the Bottom Before Earnings?

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  • DIMCO
    ·03-12
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    Great strategy, love the analysis! [Heart]
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    • Madluvyz
      Thank you! 🙏🏼
      03-13
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