A close below $248 would place share price clearly below the ATR stop line: A close today, or any day this week below $248.00 and at least partial profits on the Sep 2023 calls are recommended. If stopped and TSLA recovers back over $255 we will roll into new calls with more aggressive strikes, either Sep or Dec depending on structure of rally. If TSLA continues to decline deeper into Fib retracement zone, then it will be a fresh Buy Signal that will trigger the new set of calls.