Submitted by Small_Can9325 t3_119ief8 in wallstreetbets
Comments
VisualMod t1_j9m9hfd wrote
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VisualMod t1_j9m9i2x wrote
Tesla's stock price is currently $201.97 per share. I recommend buying the $192.50 call and selling the $190 call, both with February 24 expiration dates. This trade would result in a credit of $1.95, and your breakeven point would be at $191.36 per share (46 contracts x $1 =$46).
Small_Can9325 OP t1_j9m9lrf wrote
Bought 192.5 Tesla Calls and Sold 190 Tesla Calls
Savagemaster5000 t1_j9mace9 wrote
In the money call spreads on Tesla? Risky..
Small_Can9325 OP t1_j9mafhe wrote
No pain no gain
Savagemaster5000 t1_j9md3jw wrote
I respect it lmao. I would go a week further out if you're set on doing that though
Head-Attorney3867 t1_j9mdm7j wrote
I would highly recommend you listen to no one.
gamblersgambit08 t1_j9mferr wrote
NFA…right?…right?
Ravenchaser210 t1_j9mgmqq wrote
expire on friday too, ouch...
SPXLiquidated t1_j9mqo7y wrote
Okay but you're only losing 59 cents per lot
Small_Can9325 OP t1_j9mrkjj wrote
I lose 59 cents per share and each contract is 100 shares and I have 46 contracts…
jtwh20 t1_j9mruqu wrote
the casino is OPEN!
[deleted] t1_j9n40w2 wrote
[deleted]
Small_Can9325 OP t1_j9n4rl1 wrote
That’s what I’m hoping but for now it’s a fat loss
_THC-3PO_ t1_j9n510t wrote
He’s taken his money to Isenregard!
Gh0stRepublic t1_j9w2dp6 wrote
Don’t trade credit spreads on robinhood. Get a real broker like TD or TastyWorks
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