Now that we've got a thread for newbies, it seems appropriate to have a thread where we discuss advanced options trading on TSLA. My first idea was a "sell TSLA and enter a Syn Long, plus a spare Call" - but with the stock up so much recently, I'm thinking a better first post is "lock in some gains on Calls you own." Let' say you were lucky/smart and purchased the May $35 call on March 25 for $3.25. Today that Call is worth around $16.50. That's a tidy profit. But, do you sell today and risk losing any upside should Tesla take a run to $55 or even $60? What if TSLA drops to $40 in early May due to conference call reaction? You'll only earn a couple bucks. One strategy is to roll to a higher strike. Sell your May $35 Call for $16.50 and buy a May $49 Call for $4.30. You'll lock in $12.50, and still be able to profit just as much as before should TSLA stay above $49 come May 18. You lose almost no upside and you gain downside protection in that you've guaranteed a profit of $9.25 no matter what. If you have other option ideas, specifically for TSLA, please share them.