Last Thursday's Update suggested moving a portion of any leftover Sep 15th TSLA $200 calls into the Dec 15th $300 calls, thus banking any remaining profits...which ranged as high as +876% at their peak, and buying some time with Dec out-of-the-money calls. This isn't a "banging the table" buy for TSLA, that is still to come in the next few weeks, probably in advance of the Oct 18th earnings report. Below is an updated chart with a bullish EW pattern has TSLA above $400 by year end, but it probably won't be a "straight up from here" kind of run. We need a washout low for that, and I still see $200-220 the most likely liftoff area. Nonetheless, the Daily chart is on a Buy Signal (as is the intraday Trend Model) and some exposure Long is called for, using up to half the profits from the May 5th trade to mitigate risk. TSLA Intermediate Term Trend Rolling the Sep 15th expiration into Dec 15th expiration IF TSLA exceeds $400 by Dec 15th expiration, all of the above calls will be deep-in-the-money, almost all of which will be up 10X from current prices,
