CHART OF THE WEEK

WENDY'S TRADE TRACKER

877% Gain On Tesla


Three weeks ago, we decided to check out TSLA again with the Nov 19th expiration, 840 strike and a premium of 39.30.  TSLA’s price rose the last three weeks, and its premium is now $384.  That is a gain of $344.70 per share or $34,470 for the contract.  That is a 877% gain.  Amazing trade.  This is a great example of the leverage of option trading.

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Wendy Kirkland

Updated on: 2021-11-09 03:00




INVESTMENT CORNER

Lee Gettess on Investment Corner Ep. 1

Featuring: Lee Gettess

Lee Gettess explains how he's trading this crazy market.

Go to Investment Corner

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