TSLA Trade on Nov 19, 2020 10:37 from thefudawg: Tradervue User Stock Trades.

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thefudawg

 

Thursday 11/19 - CALL DEBIT SPREAD
Other plays to reference from this week on TSLA and the S&P inclusion news:
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https://www.tradervue.com/shared/trades/21351351

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https://www.tradervue.com/shared/trades/21424531

Really like TSLA here at ATH and think it will definitely take a breather here. Considering how much it has run this week and staying strong through the market sell-off earlier this week, I think with all of the above catalysts it has room to run. We are getting a bit extended here, but with this catalyst and TSLA running without the market. $520 calls were loaded for this week, with other large $1.2M and $1.7M bets for Dec/Jan. Sold the $560s to make this debit spread easier but risking $4k to make $10K+ here.

Monday 11/23
TSLA had a nice blip about being set to achieve its 1M delivery units by 2023. Wedbush upgraded price target from $800 to $1000. Daniel Ives maintained neutral rating and increased PT from $500 to $560. Today we broke into our ATH zones between $502.49 and $538.75. We also got a fire on the 2h squeeze and a continued fire on the Daily squeeze with increasing buying momentum.
image

Friday 11/27
Locked half of my call debit spread which was at +100% profit.

Tuesday 12/8
Ran to $680 yesterday and closed around $650 today. Closed the second half at 98% of max profit or +300% of the second portion for a total average of +200% of the risk. Only $1 of $40 left on the table to collect over the next 3 days.


Execution detail:

Date/time Symbol Side Price Position
2020-11-19 10:37:55 DEC11 20 520 CALL buy $31.580 long
2020-11-19 10:37:55 DEC11 20 560 CALL sell $20.630 short
2020-11-19 10:42:26 DEC11 20 520 CALL buy $32.260 long
2020-11-19 10:42:26 DEC11 20 560 CALL sell $21.060 short
2020-11-27 12:40:57 DEC11 20 560 CALL buy $51.800 short
2020-11-27 12:40:57 DEC11 20 520 CALL sell $77.770 long
2020-12-08 14:19:18 DEC11 20 560 CALL buy $88.930 0
2020-12-08 14:19:18 DEC11 20 520 CALL sell $127.930 0


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