|
|
I closed my TSLA option trade a loser, after Tesla rallied hard. I received .75 credit for the trade, so it ended up being a 1.85 net loss. This is why we trade spreads, defining our risk. I;m watching TSLA closely, they have an event planned later this month. I think the time to take another crack at selling premium after a monster run could be at hand. tIP BOT +1 VERTICAL TSLA 100 MAR 16 195/197.5 CALL @2.60 ISE 
0 Comments
Leave a Reply. |
About AA A career in media and all I walked away with was this goofy nickname. A veteran of the radio industry, I became tired of the insecurity of constant consolidation in an industry that has found itself in perpetual decline. Like most, I began trading long stock, with mixed results. I have since learned the value of selling premium against long positions, as well as selling premium with slightly more advanced option strategies like vertical spreads and Iron Condors. I use Chaikin Analytics to identify both long opportunities and bullish and bearish opportunities to sell premium. Archives
May 2017
Categories |
RSS Feed