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I got the feeling TSLA was experiencing another mini gamma squeeze - so I entered a covered call, I sold the $820 Strike Call Options for Aug 2022 for $62.  Breakeven is $882.  I will cover ie buy back if Tesla runs to $882. 

I will also buy them back if Tesla dips over the next few days or simply let time value expire. 

My sale pt was identified by IADSS on the 1 min chart.  Let's see how it performs. 

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Anonymous

Seems like if it wasn’t for the bitcoin sale tesla is pretty close to being in trouble financially. They can sell that much bitcoin every quarter to stay afloat Or am I missing something

Anonymous

Love your posts like this nice work James!

Anonymous

They shouldnt have the same issues going forward. China with their ridiculous zero covid policy hurt Tesla this quarter. Going forward all will be fine, especially with the other factories ramping up :)