#BullPutSpreads – Took a directional shot (wrong!) LOL. Closing long put and leaving short to get exercised. Covering it next week at the expected move for downside protection and slightly below my basis (easy to roll these though).

Originally: Sold TSLA Jul 21 2023 300.0/290.0 Bull Put Spread @ 5.75

Sold to Close TSLA Jul 21 2023 290.0 Put @ 24.25

Sold TSLA Jul 28 2023 250.0 Call @ 17.75

Result:

Exercise at 300 with 47.75 credit received. Basis 252.25 covered at 250.00