https://preview.redd.it/dbsod5u09tu91.jpg?auto=webp&s=59c535f5f72e9adc6470a678d3940002c590f045
2k short calls on TSLA. IV is elevated and will get crushed. If we gap down I’ll sell the 185/180 put spread
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Might work but is risky, even if Tesla tanks. You do realize that people might execute the short leg of your spread, if Tesla stops tanking above 200, right?
$2K collateral to make $300…. You belong here
Might actually hit $200 tomorrow
IV crush isnt going to help you.
What language is this
Defined risk is for pussies. Short straddle all day