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.
Updated on: 2021-11-09 03:00
Lee Gettess explains how he's trading this crazy market.