“It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine–that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.” -Jesse Livermore Blue Line Trading PRO Service - TSLA Option Positions Stop For Sep 2023 Calls First, Most Aggressive Stop: Close below ATR line = TSLA $250 Second Stop 50% of Best Price Third Stop: 50% of Best Percent Gain If stopped out one or more of your calls prepare to reposition into new out-of-the money strikes in either Sep 15 2023 or Dec 15 2023 calls on the next Buy Signal. As for TSLA shares, take Jesse Livermore's advice: We are in TSLA shares long term, until the story changes and/or something better comes along.
