Short TSLA/ BUY TSLA 11/17/23 220 PUT
Tesla is a stock that confuses traders as institutional money managers issue Burn Notice’s on the stock regularly. Such is the case with such a volatile name that everyone has to own or sell. Today TSLA is up over 4% and nearly 10% off of recent lows. Should CPI still show inflation tomorrow which I think could be the case, TSLA is a stock that will be punished. This level above 220 has huge resistance too with the 200 day moving average. 2 stars trade last hour