This week had our PRO Options portfolio make two additions, TSLA - rolling up the Sep $200C to either Sep or Dec OTM calls and VIX OTM calls (either Aug or Sep). Minimum expectations is that one of these two new positions will be up 5X or better before respective expirations and the other is likely to lose 50% and be stopped. For illustration purposes, every $1,000 put into the winner will grow to $5,000, while every $1,000 put into the loser will lose $500. These are the two most likely outcomes, but there are probably a half dozen other possible outcomes, including both losing 50% and/or one of them up 10X before the dust is settled (note: one TSLA shorter-term trade has already reached +900%) It's a "pairs" bet of sorts and especially for new subscribers, a good introduction to our theme for 2023-2024, a powerful up move in TSLA overshadowed by new leg down in the bear market that started in late 2021 early 2022. SPY Long Term Trading Model TSLA 240 Minute Trading Model PRO Options Portfolio All positions subject to optional 50% trailing stop from highest print post entry. For TSLA trades, if stopped re-enter with new strikes and expirations on next Buy Signal.
