Daily Tesla Trade (2/16/24)


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Holy gap up Batman!

Tesla rose just like I thought it would yesterday, and the call options I recommended would have paid off handsomely. The calls $195 I sent as a trade idea earlier in the week are up 114%.

Today, I think we’re looking at more of the same.

Tesla is trading at $202 premarket.

However, it ended yesterday far above the VWAP.

So, I expect a period of retracement at open. I’m looking for Tesla to fall to about $195. Then I’ll execute my trade idea.

Trade Idea

Options Contract: 23 FEB 2024 $205 CALL



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