The Investment Thread

In fairness, the markets are up double digit gains in the last year which correlates with one of the worst economic periods in US history so a little red here and there is hardly something to complain about.


My TSLA put that I bought when TSLA was $900 is for $680 and mid April expiration. I'm up a substantial amount of money. If TSLA breaks support at $620 the option price will double again. No idea what to do. It's not like a stock where I can trim positions and take profit. I could straddle and buy some stock at that point but I'm kind of lost. I've never had a single option with this much value.
Depends upon your conviction.
I would take the profits. When you bought it has been a ride, where you were in the money bigly, then not, now again...and TSLA has shown that puts normally do not work. You could take and look for another entry before then, if that is your conviction.