Last Wednesday (Dec 22) TSLA generated a fresh Buy Signal (here) and we listed several calls of interest. In just three trading days those calls have soared: Mar 18, 2022: $1,200C @ 50 ($5,000) ----> $100 ($10,000) = +100% Jun 17, 2022: $1,500C @ 45 ($4,500) ----> $88 ($8,800) = +96% Sep 16, 2022: $1,800C @ 45 ($4,500) ----> $80 ($8,000) = +78% Jan 20, 2023: $2,000C @ 60 ($6,000) -----> $100 ($10,000) = +100% Coming up early in the new year are Q4 2021 Earnings which are due out at the end of January to early February. Elon will be on the call which in and of itself is reason to believe that there is a lot of news, and all of it good. That would put Tesla front and center in the news cycle and if any or all of the numbers surpass expectations there will be another series of raised price estimates from the bevy of analysts already sitting on their too low and sometimes laughable price targets from last quarter. This PRO Service is holding one of the above positions as well as the Jun 2022 $1,200C bought on June 23, 2021 @ $32.50 ($3,250) which is now trading at $162 ($16,200) for a gain of about 400%. In addition, there are two outstanding Intermediate Term TSLA calls in the Premium Service. That could be a lot of TSLA on the books for anyone all-in on these Buys. Despite the bright month expected ahead, consider some profit taking, and/or moving some exposure from calls into shares. As a reminder, I expect $2,000 by this time next year. How it gets there is irrelevant...I just put my foot on the pedal and it goes. Short-Term Speculation on A Break-Out Above $1,150: Mar 18, 2022 $1,500C = $36 ($3,600)
