Just made a move on Tesla (TSLA). With the stock trading at $445.80, I opened a call option:
Buy to Open – 1 TSLA 6/18/26 $450 Call @ $91.00
This is a long-dated contract giving me exposure well into 2026 if needed to make me some money. I plan on being out before the end of the year. As usual, I went out far with my Expiration Date for protection.
My thinking: Tesla has plenty of volatility ahead, but I like the upside potential at this level. This position gives me leveraged exposure without tying up as much capital as buying the shares outright.
We’ll see how it plays out
Successful trading,
Steve
The Options Coach