We a new Hot Money Trade that hit our system.
Our Hot Money monitor triggered a bullish alert in Tesla Inc. (TSLA).
TSLA shares are hitting new all-time highs as a shorts are getting squeezed. This weeks 1200 call options traded 146k contract with mostly buyers.
Here's what I'm doing…
Buy-to-open the TSLA Nov. 12, 2021, $1200/$1225 call spread
At last glance, this is trading at $10.20 per spread.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.