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Number of messages : 1464
Points : 3190
Date of Entry : 2014-06-26
Year : 37

Tesla, Inc. (TSLA)

on Fri Feb 24, 2017 4:45 pm
Tesla, Inc. (TSLA), $273.51

Trade:   Under $272.60, we recommend selling 5 Mar 320/330 bear call spread (22 DTE) at mid-point.
Strategy:    Earnings play after Double Top daily (with lower high and bearish engulfing) and Climactic Sell Setup/Topping Tail weekly chart.

Max Gain:  Premium received.
ROI:   Premium received/($10.00 spread less premium).

Max Loss:   Cost basis would be $320 plus premium received.
Stop Loss: $285.45.

source: mastertrader
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