Synaptic724

TESLA Bull Put Spread

Long
Synaptic724 Updated   
NASDAQ:TSLA   Tesla
Tesla may be moving higher as its hit support at the bottom of its move. It may go lower but I'm going to assume that the move is finished and put in a long position on TSLA.

Investor meeting was fruitful and got a good reaction after hours. SPY will be moving sideways on indecision as investors are hyped due to the Powell put but still concerned about trade tariffs with China.

I think its time to put on some more condors on some high IVR stocks.

185/190 looking to get at least $110-$150 for the position and max risk is $350-390

I will update this tomorrow.

This is a journal entry and not trade advice.
Trade active:
Added 200/205 Bull put spread. $1.50/3.5
Trade active:
Added 205/210

1.38/3.62

target is $69/138 max loss
Trade closed manually:
Took a profit of $147 CAD + $163 CAD

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