Tesla's Bear Call Spread Strategy
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Tesla TradeInvestor's Business Daily
•As Tesla's Big Run Hits The Brakes, This Bearish Option Trade Could Return 17%
59% Informative
Tesla 's phenomenal run looks like it might be coming to an end with the stock down over 8% Wednesday .
With the stock under pressure, I'm willing to bet that it will trade sideways at best over the next few weeks .
Using the 520 strike as the short call gives plenty of margin for error if Tesla does bounce from here.
A Jan. 17 expiry bear call spread on Tesla using the 520 -525 strike prices could be sold for around $0.75 late Wednesday .
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