Unplanned or Plan TP

Taking profits is important. Deciding when to TP, thats the question. 2 trades Today, showing different strategies for TP. Taking Profits now or better positioning of Diluted costs.

For this trade, Bought a call. felt the stock was horizontal, Simple exit to Take Profits. Never liked the time decay.

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$Tesla (TSLA.US)$

For this trade, sold additional put options and bought back half and show a better Diluted Cost.

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Journal Summary: Stocks dipped but managed to stay in the green with some trading strategies shown above⬆️ . Don’t be afraid when stocks hover like helicopter 🚁.