This is ABOUT the time to start expecting a lot of news stories about TSLA. $280 is a STRONG resistance on the weekly chart. I don't have any positions on TSLA. But if I did have 100 shares or more, I would sell the $300 covered call.
Buy low, sell high, this isn't low. ;-) IF TSLA breaks out of this channel though ~ at some point ~ GONE ZO
It may not be appropriate to do this while TSLA is at new highs, but I have been doing TSLA Put Sells at the $180, $190 and $200 levels. Sure, the amounts are small, but it can be done in a 'recurring manner', but one has to be ready to own the stock also, so do ONLY the right quantity of contracts.
Reallifetrading
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@kenny1924, CORRECT. WE've been doing the same. But, most are expired or about to expire. When do yours expire? :-) They should be almost worthless at this point... ;-)
kenny1924
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@Reallifetrading, it is Feb and Mar. So, just waiting for the time value to die down, and let it expire worthless.