IA Trade Alert: Tesla Hedge Part II (Patreon)

I just sold The $1100 Call Options again against the other half of my TESLA Long Position for a whopping $230.  

I now have a huge out of the money call position - avg selling price is $165 + $230 = 197.5.
This means I am covered riding Tesla up to $1,297.50 between now and Jan 2023.  $1300 is my target price for Tesla to Summer 2022 so I am very confident I can buy these back cheaper over the next 6-12 months.  I will buy them back on weakness or when VIX falls (VIX is volatility) hence covering my downside and locking in gains.  The premium is out of this world. 

I do expect to see Tesla down at $850 level in a few months.