TSLA Update - Epic Trades - 11/3/2023

By David Prince

Markets are higher on strong news from The Fed and Jerome Powell earlier, and Nonfarm payroll data this morning. It's been a really solid 4-5 day move.  Now some rest is likely needed as $SPY and $QQQ come into some resistance areas on the charts.
$TSLA stock is of course up with the markets and moved a little beyond the $222 area we've been watching.
Our puts don't look great here, but they are off the lows as the stock pulls back from $226.
And we still have a week. So we'll likely get a better exit if we wait.
More to come as we see it.