Trade of the week: 
TSLA (Short)
Current price: $346
Entry Trigger:$339
Stoploss: $353
Call option:TSLA $300 put expiry 06/20 at $4.45(*1 Contract only)
Thesis:TSLA is in daily uprising channel aka building a wedge. TSLA last week made a doji candle on weekly often that leads to reversal. You may take this trade at entry trigger point or You may find a cheaper entry or wait for trigger point (or me) to get into the trade. Contract price might vary depending on entry. Targeting sub $310 in upcoming weeks. Respect stoploss.
TSLA (Short)Current price: $346
Entry Trigger:$339
Stoploss: $353
Call option:
TSLA $300 put expiry 06/20 at $4.45(*1 Contract only)Thesis:
TSLA is in daily uprising channel aka building a wedge. TSLA last week made a doji candle on weekly often that leads to reversal. You may take this trade at entry trigger point or You may find a cheaper entry or wait for trigger point (or me) to get into the trade. Contract price might vary depending on entry. Targeting sub $310 in upcoming weeks. Respect stoploss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.