I don't know what else to call this but a round-up of options I own, or intend to own in the near future, i.e., Monday. In no particular order of importance, except #1, and then the rest are all about of equal importance. BUY & HOLD COME HELL OR HIGH WATER Expiration and strikes are somewhat flexible depending on personal financial circumstances and especially if already holding a decent position of shares. TSLA Jun 2023 $1,200C ($10,120) TSLA Jun 2023 $1,400C ($7,700) Jan 2023 $1,725C ($3,350) This one is nuts, but it's only $3,350. When TSLA went from $627 to $700 in the past two weeks, this long term call went from about $2,200 to $4,000. Not bad for being nuts. Back To Trading These are mostly initial positions that will be added to as the markets move in the direction of the options. Breaking support, trend model sell signals, or pattern recognition are all reasons to add. Stay tuned during the week for further confirmations. DIA, QQQ, SPY, IWM are interchangeable, the suggestion being two of the four, anticipating a turn down from current levels. DIA Sep 17th $345P (4.60) VXX Aug 20th $30C (1.00) - Aggressive NEW QQQ Sep 17th $360P (5.69) GLD Sep 17th $160P (1.39) - Target mid-$150's
