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.

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.

Wendy Kirkland

Wendy Kirkland

Updated on: 2021-11-09 03:00