Tuesday, March 13, 2018

TSLA - 12 Mar 2018 - Sell put option

Sell put option

Reason
1) Stochastic in oversold area.
2) Strike price Out of Money ~ 100%
3) strong price support at 300 ~310
4) option expired in 2 weeks time.
5) VIX index lower range - 15 ~ 16

Plan
1) buy back put option if have gain > 80% or 1.2 ; else wait for expired. depends on stock direction.







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