$Tesla (TSLA.US)$ If you like this company and want to add t...
$Tesla(TSLA.US$ If you like this company and want to add to your portfolio at a price you like - you should "sell put" options for fantastic premium credit. For instance, last Friday I sold several Jan. 29th 570 put option contracts for a premium credit of $244 per contract. In other words, I was paid a nice premium credit for the chance of adding 200 shares to my portfolio at a price of 570. By the way, the chances are slim that the stock price would decline to 570 in 2 weeks. But I still keep my premium. Great way to make extra income also.
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Amabel : bring this bish down. So many weekly 900s gonna cause a cascade when they decide to panic sell
Lou Blacksail : oh I know, you just have to have enough equity to make the trades... gotta love it when you knkw how to profit off what stock when but don't have the money to make the necessary trades to win on.... :(
101619953 : But lets say if the price really do drop to 570 meaning your criteria strike price is met, then u have to buy the shares at 570 right?