TSLA: 5-bagger setup with ZERO RISK...(you read it right)


This is Usual STOCKWAVES post...putting it markets...as a trading snippet or lesson and also what goes on in Stockwaves...aint just charts posted...but real ideas and trade management in real time....

TSLA leap update:  on the horizon...since im long the June '19 $350 calls from $31 as posted... and they are printing $69 today...im letting them run a bit more...hopefully TSLA up to higher 300;s....then my plan is to SPREAD the position....my final target is $500...(chart posted on trade taken)

so im eyeing the potential of selling the June '19 $500 calls against my June '19 $350's for around $30....that would make my trade free (since i bought em for $31)....This then puts my potential at a 5x max payout...again for free....the math...$500 upside cap strike (assumed short)....minus the $350 calls...is $150 max payout....on a $31 cost, then made free (selling the $500s for $30+)....

i can then rotate that capital into something else...and parlay the parlay....let you know when i pull the trigger...but putting my thoughts out in advance on how i plan on managing the trade...



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