TSLA

#LongPuts #LongCalls #LongLEAPStraddles – It’s gonna be another crazy trip on Mr. Toad’s Wild Ride next week with earnings. I rolled these calls down a couple times this week collecting more premium but they didn’t quite get taken out. I’m rolling straight out for next week to give my ITM short puts some protection.

Rolled TSLA JUL 27 2018 290.0 Calls to AUG 3 2018 290.0 Calls @ 10.10 credit (32.10 total now)

Not bad when figuring the 2020 LEAP calls only cost 69.45 and basis already reduced to 51.61…