Buy TSLA by Aug 13, 2026.

Yesterday, TSLA spiked to $450. On sudden moves like this the price on long-term options spikes because people want to buy them in case the stock keeps running up. I checked on the prices and $490 calls that expire on Dec 2028 were selling for $145 each. I knew that that was crazy high, so I sold 7 of them. Put $101,500 in my pocket. That sounds great, but I was only able to do that because I already own …