I bought a handful of puts last Thursday on $TSLA. I plan to sell 80% of my weekly’s by 10am Wednesday. Any thoughts on some more longer term plays? I don’t usually use options for short term gains, but this situation seemed almost too good.
Im thinking of rolling my profits into some June puts 20 at strike 310 and 300. I know this is essentially a meme stock, and I’m trying not to make any decisions based on my opinion of the CEO, but I really believe $TSLA will continue to drop. Even after shedding almost 300billion in 1 week.
I know this is pretty generic, but any advice or input would be helpful. Thanks
https://imgur.com/a/Gb6yCZV
Edit: Updated with current positions.
Edit2: just sold my weekly. Holding on to Mar 7 and May 16 for now.