In the most recent PRO update (Jun 30th) we posted this: A daily close above $260 (previous closing high = 274.45) and we have to assume a new short-term Buy Signal - Blue Up Arrow - is pending. That Daily close came on Jun 30th and as we saw on Monday July 3rd as per the chart below, a fresh Buy Signal appeared soon thereafter. The recommendation was to roll some of the +850% Sep 15 $200C into further out-of-the-money Sep or Dec calls. Accordingly, the PRO Service is now tracking a new set of TSLA calls: NEW Out-of-The-Money CALLS (Entry July 3rd) Initial Call Positions (Entry Mar 30th & May 5th) As for TSLA shares, we are currently in an earnings watch window into 2nd qtr 2023 earnings slated for release after the close on Wednesday, July 19th and will use price patterns into this window to manage the new trades as well as our initial trades, all subject to 50% trailing stops. TSLA 240 Minute Trading Model Between initial and new option positions, and between PRO and Premium triggers and Buy Signals, there are plenty of calls from which to choose encompassing conservative to aggressive option trading strategies. My best advice is to participate in the TSLA bull market however is most comfortable for your trading style, but do participate one way or another. Maintain at least one long term (2025 calls) and one shorter-term (Sep or Dec 2023 calls) position using one of our stop strategies (ATR breaks or 50% trailing stops on the option gains) to manage the positions. As we saw on Monday, a fresh Buy Signal appeared on the first close above $260, so even if stopped out early, a new entry was not far behind.
