Power Plays Update: Closing AMZN & TSLA
October 7, 2024

By Scott Redler

We'll take off our remainders of Amazon (AMZN) and Tesla (TSLA) here for Power Plays.

We did okay on the first half of AMZN, but it's not trading well and I'd rather focus on other names with more near-term upside.

TSLA has done well for us, but the stock is up 35% since the August lows. So I don't want to risk taking it into the Robotaxi event. I do have $270 calls expiring this Friday, but those are more of a lotto play. If you want to participate, you can take a look at those. But keep in mind they are high risk and could be a zero.

-Scott

Scott Redler Positions Disclosure as of 2024-10-07 at 10.14.29 AM