TSLA is dropping quickly out of the gate this morning, delivering a solid follow through move on its first close below 200 yesterday. The Nov25 $190 - $185 put spread roll down will be closed into early weakness to wrap up the bear side of the strangle. The bull call spread will remain open to see if the stock rebounds from here.
Open Positions
* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".