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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert. 

I bought more of my money market TSLA

Back in Options after yesterday's spot buy. Remember, I keep an even balance between options and shares.

I got more of the $300 calls despite price being $332. I sold the $320 puts... - Net Debit is $40... ie my breakeven on this trade is $340 by Dec 2027. OPTIONS FILLED WHEN PRICE DIPPED to around $332.50

Remember do not do this unless you have oodles of margin... I get into danger if TSLA falls to $100.

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Comments

TurboVin

** Sold 330 PUTS, looks like

Bitman

James, can you address what’s going on with MSTR! Surprised you haven’t, since you hold so much! Nav going to shit and it isn’t correlated at all lately.!

69elephants

It makes me sick that I don’t have oodles of margin or completely understand the SL trade, but do understand I am missing out on an incredible opportunity :( Slowly stacking shares though.

Merlin

Under 330 snipe

CryptoBong

Are you really missing out ? TSLA at 328.50 now. Also all the SL details are kindly provided by James. Nobody does that. Why is it so difficult to understand the strategy with all kinds of resources available to us?

Sigma Samurai

If the price drops to $300, James can be assigned and have to but the shares at $330?

Solana Samurai

5 min chart ? Makes my head 🤯🤣