Tesla
Short
Updated

TSLA Short

438
Downtrend
Next Earning 7/22/2022 Estimate 2.22

Short 710
Stop 790
Target 550

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.

Buy Put Butterfly Aug P500/550/600
Limit 3.00
no Stop in option
Trade active
Buy Put butterfly Nov P380/440/500
limit 3.00
Trade active
Close Aug P500 /550/600, Limit 3.60, reduce risk.

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