TSLA is trading above $300 today, so let's review where we are in our quest for riches. TSLA Daily TSLA Hourly TSLL 3 Hr Trade Management We went out to Sep expiration back on March 24th so as to give this trade plenty of time to pan out. It needed it. These Sep calls bought back in March were as low as 1.21 on Apr 21st. That was below the -50% hard stop. If still holding, kudus, the calls have more than tripled off the low. If completely out, it's time to get back long, either the original $10 strike or on a TSLA close above $310, add the Sep $15C: Any call on this table is a candidate for purchase upon a TSLA close above $310. The highlighted $15 strike may present the best bang for the buck in terms of leverage. TSLL has about doubled since the first week of April, so doubling again, or tripling to low $30's before Sep expiration not out of the question. The Fib extension tool has it between $24 and $42 during the next leg up. At TSLL $40, the $15C becomes a 10-bagger. First however, a TSLA close above $310, signalling a run to new high above $488.50.
