$TSLA VERTICAL 250221 PUT 347.5/PUT 350.0$
Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.
Tesla has revolutionised and evolved into a company more than just selling EV cars. Yes the sales figures reported from China is dissappointing, and there might be more potential headwinds with the tariffs war.
However, with Elon Musk firmly being seen as the right hand man of Trump, and the company developing into a holistic technogy company, I do not see any reason for it to continue its bearish run.
With that said, I am keeping it as a 2.5 spread, capitalizing on the bearishness to enter a trade at a lower strike price. LETS GO!🚘
@madluvyz - Specialist in using TA to sell options and swing trade.😺
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I feel recent Tesla share price plunge is not just about trade tariffs, and inflation fears. It is mostly about the falling sales in several markets, including California, Germany, Australia and China.
Quite possibly Elon Musk have started a global boycott of anything to do with himself. His politics and cold actions are just rubbing people the wrong way.
Let’s see if this trend repeats in the next few months. If it does, sub-200 is very possible.