Tesla Motors Inc (NASDAQ: TSLA) shares are trading sharply higher by $23 at $231.35 in Wednesday's session. The Street is focusing on its increased production and delivery of vehicles as opposed to Q3 miss for EPS and lower sales.
After a higher open, it retreated to $225.20 and resumed its move higher. So far, it has found some intra-day resistance ahead of $233.95, only reaching $232.74. If that level is breached there may not be any major resistance until its October 7 high ($237.70).
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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