TSLA - Another great  example

    Posted by elementsix on 20th of Aug 2020 at 11:03 am

    TSLA - Another great  example of indicators aligning nicely before the 40pt move. Almost 90% profit with options in 10 mins...

    Trendline Break at 1892 was my entry
    Lower 60STO had  turned  up
    Already had Red to Green after 45 mins of consolidation

    Which ones did you play?

    Posted by racerick on 20th of Aug 2020 at 11:12 am

    Which ones did you play? how far out?

    Aug 21 $1950s (expire tomorrow)

    Posted by elementsix on 20th of Aug 2020 at 11:17 am

    Aug 21 $1950s (expire tomorrow)

    I got the 2000 for

    Posted by arun on 20th of Aug 2020 at 11:19 am

    I got the 2000 for next week yesterday evening and added another 10 when it popped. Sold half  few mins ago to lock some gains

    arun, may I ask what

    Posted by lapri24 on 20th of Aug 2020 at 12:54 pm

    arun, may I ask what prompted you to buy those calls EOD yesterday? The market was rather ugly, TSLA ended near low of the day.

    I bought during the 230-3pm

    Posted by arun on 20th of Aug 2020 at 01:54 pm

    I bought during the 230-3pm drop. Tesla still had momo and market wasn’t crashing. It was a pullback to 9 day MA simply 

    Thanks arun. I need to

    Posted by lapri24 on 20th of Aug 2020 at 01:58 pm

    Thanks arun. I need to learn to be calm to spot and act on an opportunity, which you seem to be extremely good at.

    Thx ... I’m no expert.

    Posted by arun on 20th of Aug 2020 at 02:48 pm

    Thx ... I’m no expert. But when markets are bullish , it’s not as hard to make money. I follow the 5 and 9 day MA’s and I noticed last night TSLA was close to the 5day which made me add more this morning. 

    I bought it this morning

    Posted by matt on 20th of Aug 2020 at 12:57 pm

    I bought it this morning on one of my intra day KISS triggers  on the 5 min at 1895 I discussed that on the Zoom earlier, but 125 shares.  

    also I commented last that the round number of 2000 probably too close not to be tagged, so that's what we've seen today

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