TSLA is treading water right around 1900 and searching a trigger to send it up to and above 2000. That run, should it occur, will be quick and as such will lend itself well to a "scalp" option trade, looking for a quick 50% or better. This is as good a signal as I can find: A hard breakout above 1910. A trade like this needs an exit if things go south. Taking out the lows of the day is as good a stop as any, i.e., 1840 which should equate to a 15-20% loss on Sep calls. A tighter stop could be applied at 1875, keeping the potential loss closer to 10%. Preferred Options
