Ryan & Beef

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Defending A Short Call In TSLA

Ryan & Beef

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Following the tweet from Elon Musk yesterday that sent TSLA stock soaring, the guys are taking a look at their short call position in TSLA and using it as an example for their discussion on how to defend a bad trade.

Ryan and Beef explain the multi-step process we go through to manage the deltas of the position and also when we should think about giving up on the trade and cutting our losses.

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