TSLA is on fire, time to take out the fire extinguisher.
The volume is shooting up so high today.
Great company, I have a model X, not very likely to crash, it ran out of battery, however.
Selling Call would be a great solution in this case.
I am selling 500 Call and buying a 510 Call. Always fix the risk.
Once again:
1. Only buy options when IV is low, Sell Option when volatility is high.
2. Only buy options expire in more than a month, sell options expire within a month.
3. Always look for a 100% loss when buying options, 5% when buying stocks.
4. If one contract of option cost more than what you expect to lose, buy spread.
5. Always admit that you are a loser.
The volume is shooting up so high today.
Great company, I have a model X, not very likely to crash, it ran out of battery, however.
Selling Call would be a great solution in this case.
I am selling 500 Call and buying a 510 Call. Always fix the risk.
Once again:
1. Only buy options when IV is low, Sell Option when volatility is high.
2. Only buy options expire in more than a month, sell options expire within a month.
3. Always look for a 100% loss when buying options, 5% when buying stocks.
4. If one contract of option cost more than what you expect to lose, buy spread.
5. Always admit that you are a loser.