Daily Tesla Trade (2/15/24)

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Tesla jumped higher yesterday, but still below the 9-DAY SMA.

Elon is in the process of switching his companies’ incorporations to Texas, out of Delaware following the judge’s bogus ruling that his compensation package was “unfair.”

Tesla shares are up premarket and I expect them to rise at opening bell.

Trade Idea:

Options Contract: 16 FEB 2024 $192.5 CALL