TSLA: collect 2.7% premium from this cash secured put with strike at $200.
Contract expires next week on 21st Mar.
Blood on the street for Tesla as Elon Musk remained deeply divisive where you'll either hate him or tolerate him 😏
Still, Tesla is at 50% discount off all time high and a potential rebound may be possible. Mr Trump will let his political donor billionaire to go down this way.
True enough, Trump endorsed Tesla in front oof the White House lawn even though he for sure don't like EV cars.
Market is ripping higher today with Tesla leading higher for the day when market opens. Will see how long this can last or just another leg down with lower high and lower lows.
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