Author Archives: Jasen Baker

2-21-17 – Intraday Update

2-21-17 – Intraday Update

Sold TSLA March 3 $245/$220 Vertical PUT Spread @ $1.11 ($1,110 Credit)

  • Sold TSLA March 3 $245 PUT
  • Bought TSLA March 3 $220 PUT

TSLA continues higher today in it’s uptrend and I was able to get a $1.11 premium selling the March 3 contracts. The Feb 24 contracts were less so I’ve sold a bit further out.

The changes that TSLA will remain above $245 by March 3 are about 88.5%. With the existing uptrend still very strong and most markets up today, this is a fairly safe trade.

My goal is to buy back this spread @ $.50 for a $610 profit on the trade.

TSLA 2-21-17-intraday

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ETFs to Watch 2.20.17

ETFs to Watch 2.20.17

Unless you’ve been under a rock, the markets are at all time highs. The US markets are leading the way and international markets are flirting with new highs as well. This is unlike most of 2016 in which volatility and uncertainty ruled, these are the types of trends we’ve been waiting for.

Find out what is breaking out now and what to watch for in this week’s ETFs to Watch!

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