If you haven`t bought the dip on TSLA: nor sold this regional top:
Now analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week, I would consider purchasing the 235usd strike price Puts with an expiration date of 2024-12-20, for a premium of approximately $29.50. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
TSLA traded at $215.50 after the earnings release. The puts were definitely profitable, but I hadn't monitored the options chain at that time.
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