May 2020: TSLA $770 – $775 Bull Call Spread
Stock
Trade Structure
Trade Date
Price Paid
Expiration Days
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Rationale
Trade Selection Criteria
Overall market movement
We are experiencing unprecedented volatility in the markets due to the ongoing Coronavirus scare. We put on this trade, when we saw a pullback in the market and TSLA.
No Earnings or Significant News
Earnings were just announced on 4/29 and are behind us
Bollinger Bands outside Keltner Channels
N/A – For post earnings trade my regular indicators don’t apply.
RSI Analysis
N/A – For post earnings trade my regular indicators don’t apply.
ADX Analysis
N/A – For post earnings trade my regular indicators don’t apply.
Trade Analysis
Trade Outcome
Profit/Loss
Beginning Account Balance
Ending Account Balance
When the profit was only $232, how did the balance jump from $3200 to $4200?
I have many other trades at the same time. The balance doesn’t go up just because of this trade. It is constantly fluctuating. Sometimes, you will see it go down to because other trades may be losers.