Tesla
Long

$TSLA DEAD CAT BOUNCE OR REVERSAL

Updated
Nailed my last analysis on TSLA hitting $170 or less and wanted to look for an entry for a CALL option to catch a dead cat bounce or better, THE REVERSAL back to $200. Either way, Quad-witching hour is tomorrow so we will definitely see crazy PA on everything. VERY RISKY play and should not put in what you cant afford to lose.
Trade active
Deciding to get $200 C exp 3/28. Like I said, VERY RISKY. It broke support and could keep getting ugly which is why i decided to find cheap contract for the "just in case" or "What Ifs".
Comment
Target price will be to see if this gets back to $170 in a couple days.
Trade closed: target reached
Was up 100% on contracts and decided to close. Still early into the day and this could keep going but just trying to practice good discipline.
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