Sent out earlier to PRO Service: "TSLA is triggering a Volatility Breakout Buy Signal for both Short-Term and Intermediate Term time frames. Accordingly, I am recommending both the May and Sep monthly $10C for aggressive traders. If you followed me in already via March 12th "Confession," or the March 11th "TSLA Ready For A Bounce?" kudos!' There is a lot of fundamental news, both good and bad, regarding TSLA to fit whatever narrative you lean toward, bullish to bearish to anywhere along the continuum between the two. The charts we follow all point the same direction, a Volatility Breakout Buy Signal, previewed first last week in above PRO posts (PRO subs only) and now today with a bona fide Buy Signal sent out to both PRO and Premium Trading Services. For the Premium Service we are going into the TSLL Sep $10C as of the moment you are reading this. Charts and Option table to follow. Trade Management As a reminder, all option trades are subject to a 50% hard stop...no exceptions and once a 100% gain is made on the purchased option a 50% trailing stop kicks in...exceptions as per personal preference, i.e., some to half of the position can be held to expiration, depending on Clint Eastwood's sage analysis: Do you feel lucky? TSLA 240 Minute TSLL Hourly TSLL Sep Calls We are looking for a 3X to 5X return on these Sep 2025 calls, depending on how long it takes TSLL to leg-up to its projected Wave 5 price target of mid-to-upper teens. If it happens soon enough, or in the event price moves up into the low $20's, we will be rolling the $10C over into higher strikes. Top 5 Blue Line Trading System Trades 2024 More motivation to dabble in this trade.
