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Friday, January 27, 2023

Options trading : Tesla (TSLA) earnings play

   GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.


1/25/2023 (12:45:29 pm, PT)  🠈🠈  earnings release at 1 pm (PT)

sell -1 Jan 27, 2023 $114 put at $0.25 (credit)

  • the "market maker move" was up/down $11.45 post-earnings
  • TSLA = $144.54
  • I sold a put that was more than twice the "market maker move"
  • I was OK with buying 100 shares at $114/share
  • prob ITM/assignment: 4.19% (very, very low)
  • 2 DTE 
  • earnings after closing bell on Jan 25


1/27/2023 (exp)

TSLA closed at $178.31

My short put expired perfectly

PROFIT:  $25 (2 days)


  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.