Tesla was up 11% today, closing at $740 well above its threshold for contained Intermediate Term Long Trade Pending Alert sent out earlier in the session. I've narrowed the TSLA Call Table down to the most relevant and recommended expirations: Jan 2021 - Long Term with legacy strikes of $420/$600 and new postion strikes at $1,000 and $1,500. Apr 2020 - Short & Intermediate Term strikes: $850-$1,000-$1200 The market will be directed and dominated this week by developments with the global coronavirus pandemic and global central bank intervention (and maybe a pinch of politics re: Super Tuesday). The fear of last Friday has been replaced by the euphoria of a 1200 point gain in the DJIA. VXX was net positive for 800 of those 1200 points, a telling divergence. As market analyst Yogi Berra was observed: "It ain't over 'till it's over." TSLA Calls
