2nd OPTION PICK from 05/06/2013: TSLA June 22 20
Post# of 198
2nd OPTION PICK from 05/06/2013: TSLA June 22 2013 $60 Call Option @ $4.80
Many of us bought the TSLA $60 June 22nd call options on Monday May 6th around $4.50 to $4.80. Earnings were released Weds after hours. The stock gapped up BIG to $68 per shares. Many were able to sell some or all of their call options for $10.00 plus for 125%-150% gain. Then on Friday for those who held some of the calls ( I sold half Thursday and half on Friday) the stock went up another $10.00 in PPS to $78 per share and the call options closed the day at $18.00. Some folks realized gains from our call at $4.50 and sold near $18.00, they made 300% gains on this trade. There are some who may still own the calls and could see even higher returns as shorts continue to cover on this one daily.
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