Was looking to get some thoughts on my call I made before close today, posted it earlier and it rejected I guess I didn’t explain the trade well enough for the picture.
I took TSLA $400 Calls for 9/25 expiration, 10 contracts at .16 per.
My reasoning is because I was just looking at the chart and when zoomed out it looks like it’s following a perfect stair pattern right to a $407 key level by end of September.
It already filled the gap from that earnings fall but it seems reasonable that it’ll continue this uptrend right back up to recent highs. I’ve got a few key levels marked from before earnings and again that $407 area seems feasible.
Cheap enough premium seemed like a decent play but I’d love to get some feedback on what y’all think.
I’ll try to share the chart again hopefully it takes!