Tesla Put Write: Collect Premium After Delivery Miss

TSLA stock drops after Q1 deliveries miss estimates. Analysts cut price targets. Stock trades at 361.25.

Put write: SELL -1 TSLA 01 May 26 340.0 PUT Contract @10.3 LMT

Stock closes above 340 on May 1. Keep 10.3 premium.

Stock closes below 340 on May 1. Keep 10.3 premium. Assigned 100 shares at 340. Cost basis 329.7.

Trade stats: Win Rate 100.0 on 10 trades. IV 46.35. Delta -0.3. Theta -0.44. Max Return 3.03%. Expires 11 days before earnings.

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