As you're probably aware, Tesla rallied hard in the last few weeks, dropping the value of my bull put spread no almost nothing. As it's a crazy volatile stock, being able to buy back my spread for 5c, after selling it at $1.51 was fantastic. I held the trade for 14 days total and made 28% on the capital at risk in the spread. Here's a pretty chart. Sold 175 puts, bought 170 puts. Received credit. TSLA moved further from the spread, bought back for pennies.
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