The Intermediate Term Trading Model (6-12 months) flipped to a Sell on July 26th @ $264. Today is shaping up to trigger a reversal LONG in the model. TSLA Intermediate Term Trading Model 2023 TSLA Option Trades (Premium Service) Following a strict 50% trailing stop exit strategy these calls would have been exited on a 50% drawdown from their best levels for returns of +438% (Sep $200C) -50% (Dec $350C) and +82% (Jan 2025 $420C). If you deviated from that strategy and are still in any or all of the above, no need to take any action, other than moving out of the Sep $200C and into one of the calls on the table below (highlighted call will be tracked in Premium Option Portfolio): Newly Recommended TSLA Calls Pursuant to A Fresh Buy Intermediate Signal Special Note: Trading TSLA Options We trade TSLA independent of any "big picture" market forecast, which as all know is currently bearish at least through an anticipated Sep-Oct cycle low. That big picture could be wrong, or TSLA can weather any macro storm and come flying out of a fall low like a bat out of hell. If this Buy Signal does not pan out, there will be more coming over the next two years that will more than make up for it.
