IA Trade Alert (Patreon)
Content
Hi Team
I just got a fill on Tesla t $270 - I had a view to 271 but IADSS triggered a buy at $270
The trade added 4% to my Tesla Position.
I sold the Puts TSLA JAN 17 2025 260.0 Put
I bought the TSLA JAN 17 2025 250.0 Call
Net Debit $31.
My Breakeven on this trade is for Tesla to hit $280 by Jan 2025 (no brainer).
If Tesla falls I am on the hook for the 260 Put.
NOTE: There is about $13,000 of margin required for each put I sold
NOTE: My goals are not your goals and this is not financial advice. My promise to this community is to share everything I do openly and transparently and in real time.