Tuesday, November 5, 2013

Into TSLA Nov 16 '13 $250 Calls @ $0.33 + Into TSLA Nov 16 '13 $125 Puts @ $0.35 = $0.68


Earnings announcement in the Extended Hours session.

A tonne of volume going into issues expiring this week that are near these strikes...

I'm going one week out in case those issues get sold in favour of the issues expiring next week.

With most stocks, it was prudent to hold off for financial plaisir following earnings announcement, but in the heat of the moment, I got into these TSLA strangles as I have to hop out for a meeting...

So, let's see!


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