bmek
Member
picked up another 5 august 28$ calls today and another 35 shares(for the retirement acct).
Another investing strategy that you may wish to consider is to sell some August $28 put options. You can sell those for ~$2.00 each, so if the stock drops below $28.00 and the option is exercised then you will have bought TSLA at $26.00 share. If TSLA increases in price, it would have to be above $31.10 for you to 'beat' the break even. This assumes that you paid $1.10 for the August $28 call options. $31.10 - $2.00 = $29.10. $28.00 + 1.10 = $29.10.
Thoughts?