Hoping today is the day that I can exit my TSLA trade. Yesterday was a down day in the stock, but my option lost less than the option I sold. This netted me 125 for the day, and a total of 62.50 profit so far on the trade.
One problem with trading TSLA is it is so volatile and can move so fast, either in price or volatility of options. Volatility in options can be a huge price component so it is almost as important to watch that as price. The main event adding to the volatility is December 21st inclusion to the S&P so the gambler in me wants to stay in for that, but the smart play would be to get out before. It is less risky, and I could have my profit target by then anyway.
