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438% On Tesla Calls in 4 Days — Here’s My Next Move

Story Highlights

  • Tesla’s stock has surged 400% since June.
  • But it’s shaving momentum this week. And that’s causing some investors to predict the electric car maker’s price bubble will burst in 2020.
  • In Chad Shoop’s latest Bank It or Tank It, he reveals the massive 50% move he sees in the year ahead.
438% On Tesla Calls in 4 Days — Here’s My Next Move

Tesla Inc.’s (Nasdaq: TSLA) 400% stock surge in the past seven months has left many investors speechless.

Tesla short sellers (those betting against the stock) are in an all-out panic to cover their positions.

As they do, it adds more buying to the frenzy and sends the stock even higher.

That’s created the recent parabolic move, or the exponential increase in the stock price we’ve seen. Even the strongest Tesla bulls question how much higher it can go.

Even if you’re bullish on Tesla, I know it can take a lot of conviction to stick with this stock.

Just before the stock bottomed in June 2019, shares were down over 50% from its previous high.

The short sellers partied … while the long-term bulls held onto their conviction that Tesla was more than a carmaker.

Tesla is also a pioneer in self-driving technology and batteries.

Coupled with its massive “Gigafactories,” which churn out electric vehicle battery packs, it has a strong lead on the next generation of transportation.

Tesla shareholders held through the drop. And now they’re rewarded with new all-time-high prices.

The question is, what happens next?

And for that, I used my latest Bank It or Tank It to break down everything you need to know about the stock — from its key stats and competition to analyst ratings and price charts.

We dive into all this and more to determine whether or not Tesla is a stock to bank on or tank after its massive run higher.

Check out my latest video to get my 12-month price target on this electric vehicle stock:

 

How to Profit From Tesla’s Price Bubble

After reviewing all the details on Tesla, one thing is certain — this is going to be a volatile stock.

But that’s OK. Tesla is no stranger to volatility.

I gave you my price target and general view on the stock for the next several weeks.

Over the next few months, we’ll see major price swings, pullbacks and surges higher. But that won’t just happen for a stock selling at $750 per share.

Just like it took conviction for the bulls to battle it out to this point, investors will need a strong stomach for the volatility ahead.

This is the stuff I love. I’m excited about the opportunities Tesla’s stock will create.

That’s because I’m not a long-term trader.

I study a stock just for a couple of months, maybe even a few weeks. That’s the period in which I find major trends to jump on.

I recently helped readers grab triple-digit gains on Tesla.

After the stock surged on earnings two weeks ago, my system picked up that it had even further to climb.

Now, most people didn’t want to jump in after the rally. The stock was already up more than 200% in just six months.

It had to top out at some point.

But I had faith in my system, so I didn’t hesitate.

My readers were able to grab call options on the stock after its double-digit surge on earnings — and boy, did it pay off!

Just four days later, my readers were able to close the second half of their positions for gains of more than 400%!

Readers like Debra, who wrote in to share her winning trade:

I am a new member of your Quick Hits Profits team and just sold the second half of my TSLA calls, pocketing $72,386 on my second trade with you. Amazing return on this three-day investment! Words can’t even express my gratitude! I am looking forward to each new trade, and while I know we will have some disappointments as well, this is truly an exciting way to spend each day.

Let me put that massive gain in perspective.

It took Tesla’s stock over six months to climb 400%.

With our strategy, it only took four days to see a 400% move using options.

If you look for quick gain opportunities like this, then check out this video my colleague Matt Badiali put together to tell you all about my strategy.

He lets you know how you can get in on my next potential triple-digit opportunity!

Click here to check it out now.

Before I sign off, I’d like your feedback on Tesla’s stock!

Are you bullish or bearish on this electric car giant? Are you interested in trading Tesla in 2020?

If you’d like to join the conversation, feel free to leave a comment below my video or talk to me over on my Twitter feed.

I know Tesla is a hot topic, so feel free to let me know what you think about my video and share with me what you think about Tesla by telling me whether you’ll #BankIt or #TankIt in 2020.

Regards,

Chad ShoopCMT

Editor, Quick Hit Profits

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WHAT READERS ARE SAYING..

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