Not saying it's going to happen, I'm saying the chance of it happening is in the price of the contract based on current rate of volatility. So there is a $1.10 amount of chance
So TSLA dropped $40.00/share from its high today, if it does it again tomorrow it would be nearly $20 below your strike, that "easy" $1.10 sure can change in a blink
So TSLA dropped $40.00/share from its high today, if it does it again tomorrow it would be nearly $20 below your strike, that "easy" $1.10 sure can change in a blink
So that DLO that I previously bought a monthly call and then sold for 17k gain. I ended up getting another call for it during one of the dips because I continue to read good things about the companies prospects, price targets, opportunities, etc.
My current call is Dec. 20th @ 8.00, and they have earnings tonight......the call is not until 1800 EST but methinks someone has insider info.... Awesome jump though! Now I have to decide if I let this ride a bit or just take the win early. avg. price target is in the 10-12$ range so not sure it can climb much higher but the charts looks good and it has positive news flowing for it. I can't really set a stop loss on this because of low liquidity and the low price makes the daily options swings pretty large so it would get executed instantly.