$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ It should soon be back above 140, possibly as early as this week, and then it will quickly surge to 420. You can start with PUT at 425, or even at 420. It's currently on a strong momentum, so it's not easy to PUT. However, if you buy the underlying stock, it's a bit too risky, given its high price. It's much better to do TSLL, which reduces the risk significantly. There's really no need to buy the stock now.