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Showing posts with label TSLA Nov 2015 earnings play. Show all posts
Showing posts with label TSLA Nov 2015 earnings play. Show all posts

Wednesday, November 4, 2015

Tesla (TSLA) Earnings Play

11/3/2015

sold -1 Nov 6, 2015  $170 put at $0.45
sold -1 Nov 6, 2015  $175 put at $0.76

Comments:
I used two different strikes to spread the risk



11/4/2015

TSLA gapped up over $21 post-earnings, so I was able to buy back both puts at $0.02 each


GROSS PROFIT:  $117 in 1 day


Success!



Have some fun around earnings season and SELL PUTS!
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