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 trade ideas
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.
TSLL | Tesla 1.5X Bull ETF | OversoldThe 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.
TSLL 1.5 Leverage TSLA PLAY LONGNASDAQ:TSLL
TSLL has risen 16% above a double bottom this week. Minor Resistance will be support
once broken. Rising Relative Strength on the RSI shows no divergence.
Inflow volume is consistent with the price action.
I see this as a cheap play on the TSLA uptrend with multiple shares able to
scale in and take partials on the way out. TSLA is in a cup and handle approaching
a bullish breakout.
