TSLL trade ideas
TSLL covered callExpiring 12/6/2024. Snagging some theta days.
I WOULD LOVE to sell here. Gorgeous profit. I am also inclined to buy this back for 75% premium capture next week.
ELEPHANT BAR $TSLLElephant bars are significantly larger bars than the previous bars.
Red elephant bars suggest downward price pressure and an indication that smaller red bars are to be expected.
Green elephant bars indicate upward price movement and additional smaller green bars to come.
NASDAQ:TSLA ( Tesla ) is leading the way to a future of Autonomous Transport ( Buses, Cars ) and
Non-Human Labor #Optimi.
Let that sink in....
TSLL covered call expiring THIS FRIDAY I wouldn't mind selling my TSLL shares here, because that would be profitable.
Buy low, sell high?
Plus this is like, 3.5% for 3 trading days?
And my strong assumption is, if I DID sell at $24, this Friday, I Would be able to re-buy later??
;-)
TSLL $20 is programmed.Told before that the HTF lows were already in on NASDAQ:TSLA and we weren't visiting the $100 low again, now that we also put in a new HTF low if we have NASDAQ:TSLA going to $300 from here, NASDAQ:TSLL would easily hit $20.They recently switched NASDAQ:TSLL to a 2x long etf and it also pays %8 yearly dividends, so it's a good buy for me.
Parabolic SAR Technical IndicatorParabolic SAR Technical Indicator
📜 The Parabolic SAR (Stop and Reverse), first introduced in 1978, is a technical indicator used to identify potential trend reversals in financial markets. It is represented as a series of dots placed above or below the asset’s price. The key concept behind the Parabolic SAR is that the price follows a parabolic movement until a trend reversal occurs.
📊 When the SAR points are below the price, it indicates an uptrend. Conversely, when the points are above the price, it suggests a downtrend. If the price touches or surpasses the SAR, a reversal signal is generated, and the dots switch position. This can help traders identify potential changes in market direction.
📈 This indicator is most effective in trending markets. However, in sideways or directionless markets, the Parabolic SAR tends to generate false signals, which can lead to confusion. Therefore, its best application occurs in well defined bullish or bearish markets.
🧮 Functionality and Mathematics
▪️ The Parabolic SAR falls under the category of trend-following indicators. Unlike oscillators, which try to predict price changes, focuses on confirming the current market direction, helping traders capitalize on extended market moves.
🤖 Mathematically, is based on a formula that adjusts its value according to price and time. The calculation incorporates two key variables
1️⃣ EP Extreme Point🟰 The highest or lowest point reached during the current trend.
2️⃣ AF Acceleration Factor🟰 Starts at a low value, like 0.02, and increases in fixed increments each time the price reaches a new high or low.
🚀 In essence, the Parabolic SAR measures the trend’s acceleration, dynamically adjusting its values to follow the price.
👨🏫 Considerations
▪️ Parabolic SAR is part of traditional technical analysis and is widely mentioned in J. Welles Wilder’s book New Concepts in Technical Trading Systems. While useful for identifying trends, it is less effective in markets where the price consolidates, as it tends to generate more false positives, which can create confusion.
▪️ Other examples of trend following indicators include moving averages simple or exponential and the MACD.
🧐 Have you heard of this indicator? Which do you consider an essential one?
TSLL ( and tsla) contractionTSLL is coming to a pivotal moment where price action is either going to pump VERY hard, or dump on everyone with TSLA price below 185. This wedge is reaching a conclusion and the TSLA chart which I will also post has had nearly 8 weekly attempts at breaking the long-term wedge setup. I predict a test of 16.88 $ and then another rejection dumping TSLL below 8$ again.
-Short-Term pumptown above 15$
-Next year retest of the red dashed line
TSLL golden fib rejectionThis is another view of the golden Fib rejection but on a leveraged version of TSLA I sometimes sell options on. You can see here the stock blasted through a wedge resistance, TSLA was clearly overvalued, profit taking initiated on the low inflation print, I expect small caps to outperform going forward for a few months.
My plan is to continue to sell put spreads on TSLL
-my target is 11.8$ with multiple fallback zones, the demand box is more true on a weekly timeframe
TSLL put sellsOn this monster dip I have started to sell 12.5$ and 11.5$ puts two weeks ago to capture theta decay and volatility. I will continue to do this as we go lower, my target is 11.85$. I start small here and look for continuation.
TSLL BEARISH - START THE PYRAMID AT $11What a beautiful channel huh? This baby is about to retest that breakout. I expect it will bounce where it intersects with the 100sma and the .618fib (and the breakout point). I'll start my pyramid at $11 and work it down into $9ish (if possible). Cheers!
TSLL covered callFor anyone who doesn't want to own a crap ton of TSLA stock, it is very easy to have a nice portfolio of TSLL!! :-) This pays a nice premium for only 1 week of expiration!
TSLL is Telsa with a boost of steroids LONGTSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range
percent from its volatility TSLL does this even more at a lower per share price.
On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high
about July 19th. It is now in deep oversold territory supported by the redline of the
second standard deviation line below the thick black mean VWAP. On the ZL-MACD,
the cross under the histogram and the ascent of the lines toward the zero line shows
in my opinion bullish disvergence. Upside to the target just below the POC line of
the volume profile is about 15%. I will go long taking call options as :
1. contracts striking $ 16.00 for an expiration of 8/25 and,
2. contracts striking $ 17.00 for an expiration of 9/1.
I am anticipating overall profits of 100% as a goal in this trade. I avoid time decay
and in risk management I will close a position when it hits 100% or not less than
two days before the expiration. Good luck on this trade if you take it. DYODD !
A Fun TSLL TradeWhen that big bull closed above the giant bear volume indecision candle, I got in before market close.
10% on the horizon?Tesla is still in a downtrend. However if we can get a rsi crossing the rsi ma on the daily, $10.60-$10.78 is in range. Also the price dipped below the bottom Bollinger band and nadaraya envelope signaling oversold in the short term.
TSLL - Leveraged Tesla ETFTrying to breakout of this downward channel. Weekly looks healthy.
14 is critical support for the upside thesis to work. if it breaks out, 18 comes quick. Would like for it to spend some time there before next upside level.
covered call on TSLLBuy low, sell high. STILL in this ETF.
I bought to close my last covered call for a small gain. This one only has 25 days until expiration and 2 days of theta. Plus if I get called away here, that would be jamming.
AND
paid .25!
short scalping the double topreviewing price action from the bullish breakout of the AB-CD pattern. Tsla 1.5 etf NASDAQ:TSLL is showing overbought w/ AMEX:SPY looking to turn down from $424.50 area to possibly $420-421 im grabbing some puts here...
not trading or investing advice. do your own due diligence
Covered call on TSLLI have some SHARES of this bad boy. Cost basis $15.27. Figured I would sell on an up day AT a resistance of some kind and get paid an extra 2%. Plus if I get called away here = happy dance!
Covered call on TSLLI have never traded this ETF before, but I am getting my practice in. I have some shares and now I have sold the $20 covered call for next Friday for $2.00 higher than the stock price is now.
Plus, this is a VERY strong gap on TSLA that will keep surging higher in my opinion.
Bull Flag for todayBreaking News, Tesla has formed a bull flag that will give us 11% from this price.
TSLL - a leveraged TSLA ETF sitting on dynamic support LONGTSLL moves more than TSLA as it is leveraged. TSLA is volatile for a large cap and
TSLL is TSLA high octane verison. TSLL on the anchored VWAP bands has bescended
into the undervalued and oversold zone supported by teh thin red line the second
standard deviation below VWAP. It hit a pivot high in early July hitting the thin red
UPPER VWAP line about the, I analyze a reversal is coming with the final leg down
coinciding with the general market moves this week. Price is obviously below then
mean VWAP and the POC line. I think the rubber band effect and bargain buying will
propel it upward as may and short sellers liquidating their positions. I will take
a trade of a fiar amount of stock shares as well as entertain some call options.
If a trader is curious to my levels of interest leave a comment.
TSLL | Tesla Bull ETF Oversold | LONGThe fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of TSLA and financial instruments, such as swap agreements and options, that provide leveraged exposure to TSLA. The fund is non-diversified.
