TSLA keeps printing money…

like a quarter of a million.

It starts with a mentor — and a pattern. (P.S. I talked about this pattern during my webinar last week. You can watch the replay here.)

Someone to show you what’s truly possible. 

From there, and I hate to use this overused phrase — the world is your oyster — but it just fits so perfectly. 

On Friday, I took off another two profitable trades for 300-450% profits on TSLA. I was trading TSLA to $650, and it closed perfectly right at $650.54. This is what we call a perfect pin. It’s when you target a specific strike and the ticker makes it there on Friday’s expiration. 

Like I showed during my webinar, I’ve done this almost every Friday for the last two months. 

Check it out…

My TSLA record is now 28/33, with only a handful of losses and the majority of trades with a 200% gain or more. 

Click to zoom in!

Of course, last Thursday, I had to add another with a week later dated expiration.

Today, TSLA gapped up $50, and I was able to take a double overnight in my TSLA trade targeting $700. TSLA is now trading at $735 a share!

Now, I’m proud of my TSLA and additional high short interest wins… a solid record with large percentage gains, made with low risk options strategies isn’t anything to sneeze over.

After all, like we talked about Thursday, it’s the pattern that a trader must master.

After that, it’s just a function of deciding how (and with how much money) you want to trade it with. I felt pretty confident with what I had gone with… but, when I see John trade it, it pushes me to do more.

Two Traders, Two Ways to Play 

Today, John told me he made $250,000 with the same trade AND same pattern. Check out this screenshot from John’s account:

When I heard that, a couple things came to mind:

  • Wow, wish I made 250k this morning! But, I traded according to my size account and my plan.
  • This truly shows what’s possible.
  • I need to teach others how to do this!

I’m so grateful to John for introducing the concept of the short squeeze. It’s this inspiration that I used to find a way to trade this pattern in a way that the majority of our traders could too. 

Without a mentor teaching me how to take this setup and do it my own way — I wouldn’t be here explaining this to you today. Now, it’s my turn to pass it on. 

Short squeezes can be crazy and volatile, and I knew I needed a specific method, tools, and checklists that I could use and teach others. 

That’s how I got to my 28/33 TSLA win record. 

And, I’m going to show you how to get there. If you missed the webinar, make sure you check out the replay here.

Leave a Comment

Up Next...

TSLA Earnings: Trade Review on a 295% Winner

Tesla Earnings Tesla reported earnings on Tuesday, April 23rd, after making a new low after a new low on the year. This created a situation where everyone (me included) has been bearish on the stock. Last week, I posted a YouTube video about how I shorted Tesla using a bearish butterfly for the move heading … Read more

Read More

My Earnings Watchlist April 22-26, 2024

Volatility is back, and it will only continue to pick up due to the number of earnings reports on the calendar. The indexes are bouncing well today, and the VIX has come back below 17, but that doesn’t mean big movement is done. This is especially true today and tomorrow because we have a critical … Read more

Read More

Using Butterflies to Short Stocks

Market Volatility Market volatility has picked up, meaning there are more downside opportunities than before. When the market starts pulling back, I always try to quantify if it’s a normal “buy the dip” opportunity or if it’s a little bit deeper of a move that means it’s time to short some stocks. Identifying Bearish Alignment … Read more

Read More

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now
all-as-seen-on-logos