Selling to Open TSLA $340 Puts for $2.21
10% position, if exercised
I was going to call it a day, but figured I might as well try to lock in some income for next week. TSLA has such high volatility that it makes the puts highly priced - good for those of us who want to sell!
Shares would have to fall from $403 to $340, ~16%, for me to lose money on this one. And don't forget that 2 days of time premium will burn off over the weekend!
Selling puts is stressful. But I think it's a decent way to make some money.
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