{"id":8055,"date":"2017-06-08T09:13:20","date_gmt":"2017-06-08T13:13:20","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8055"},"modified":"2017-06-08T09:13:20","modified_gmt":"2017-06-08T13:13:20","slug":"proactive-spreads-june-8th-2017-tsla","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-june-8th-2017-tsla\/","title":{"rendered":"Full Time Profits, June 8th 2017 &#8211; TSLA"},"content":{"rendered":"<p id=\"YQNeboR\"><img decoding=\"async\" loading=\"lazy\" width=\"1174\" height=\"539\" class=\"alignnone size-full wp-image-8056 \" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394c57ad185.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394c57ad185.png 1174w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394c57ad185-300x138.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394c57ad185-768x353.png 768w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394c57ad185-1024x470.png 1024w\" sizes=\"(max-width: 1174px) 100vw, 1174px\" \/><\/p>\n<p>We continue to see the trend continue in a low volatility &#8220;grind&#8221; higher. Until 2400 is lost, there&#8217;s no reason to expect the tone of the market to change.<\/p>\n<p>Near term risk is the Fed meeting which is already priced into the Fed futures so it&#8217;s not a surprise to everyone. Other than that, it appears to be a slow-ish summer.<\/p>\n<h2 style=\"text-align: center;\">Trade #1: TSLA<\/h2>\n<p id=\"ZhFARXP\"><img decoding=\"async\" loading=\"lazy\" width=\"1184\" height=\"441\" class=\"alignnone size-full wp-image-8057 \" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394cad3e21a.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394cad3e21a.png 1184w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394cad3e21a-300x112.png 300w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394cad3e21a-768x286.png 768w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2017\/06\/img_59394cad3e21a-1024x381.png 1024w\" sizes=\"(max-width: 1184px) 100vw, 1184px\" \/><\/p>\n<p>Now we&#8217;re already playing this on the long side and that&#8217;s working out fine, but if we start to get extension I want to initiate some short exposure. The stock is up 18% in a 10 day period which is pretty stretched already&#8230; ideally we get new marginal highs but with diminished momentum.<\/p>\n<p><strong>Trade Setup<\/strong><\/p>\n<p>Target Price: 370<\/p>\n<p><strong>Sell to Open TSLA Jul 420\/425 Call Spread<\/strong><\/p>\n<p>Tier 1: Open at 0.60, Close at 0.20<\/p>\n<p>Tier 2: Open at 0.90, Close at 0.60<\/p>\n<p>Tier 3: Open at 1.20, Close at 0.90<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We continue to see the trend continue in a low volatility &#8220;grind&#8221; higher. Until 2400 is lost, there&#8217;s no reason to expect the tone of the market to change. Near term risk is the Fed meeting which is already priced into the Fed futures so it&#8217;s not a surprise to everyone. Other than that, it [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8055"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=8055"}],"version-history":[{"count":1,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8055\/revisions"}],"predecessor-version":[{"id":8058,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8055\/revisions\/8058"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}