Very Bearish and Overbought Tesla Motors flashed a Relative Strength Sell signal today. After a significant run up, I'm willing to bet $TSLA is headed for a pause, and so I sold a call spread that gives me significant premium despite only having to wait 2 weeks 'til expiration. Breakeven is above $195.80. SOLD -4 VERTICAL TSLA 100 MAR 16 195/197.5 CALL @.80.
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