OT I rolled my TSLA call options from this Friday to next Friday. Tsla has earnings this Wednesday and I expect they will blow them away so that they will then qualify to be added to the S&P 500 index. So this Friday would probably be fine, but just in case I felt more comfortable having another week. Just 2 of the $1400 calls I had were $50K so I don’t want them expiring worthless. So now I have 2 TSLA 7/31 $1440 calls for the same price. So it cost me $40 in elevate strike price but if tsla beats earnings, that $40 does not mean anything. In fact I did the roll when tsla was at $1500 this morning. Right after it popped up to close at $1653. Both the old calls and the new calls are only $2 difference so the time value is paying off on the new calls. I am thinking tsla coming out Wednesday after the close with earnings will blow them away with the 20K add’l deliveries they announced a few weeks ago. So I believe the stock will fly to $2000 after earnings. If so, my options will probably go to $700 since I have an addl week. My avg is $255, so if it goes to where I believe it might, then that would be $445/contract profit times 2 contracts times 100 shares per contract, so $89K profit. Wish me luck. If I get it, I may use some to buy more GNBT to help push it up for all of us.
Today was a good day with GNBT, albeit not a huge move, but a decent move on just a PR about what we plan to do. Then many of us have CYDY going up too, with possible news release of a trial result tomorrow.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.