Tesla TSLA Stock & Option Trade Ideas

Based on the technical data for TSLA, here is the analysis:

• MACD (Moving Average Convergence Divergence) has been consistently negative, indicating a bearish trend.
• RSI (Relative Strength Index) has shown some fluctuations but generally indicates a neutral to slightly bullish sentiment.
• Bollinger Bands are wide, suggesting high volatility.

Considering the analysis, here are potential trading strategies for TSLA:

• Bearish Stock Trade: Consider short-selling TSLA as the MACD is bearish. Set a stop-loss to manage risk.
• Bullish Option Trade: Since RSI shows some bullish sentiment, consider buying call options with a strike price slightly above the current price to benefit from a potential increase.
• Neutral Options Strategy: With high volatility indicated by Bollinger Bands, consider an iron condor strategy by selling both a put spread and a call spread with different strike prices.