TSLA has also been 'resting' and building support just above the 20-day EMA. Taking advantage of the quite lofty implied volatility levels, we could add a bull put to the existing bear call spread, thereby creating an Iron Condor. The broker will not
In general, the first step in the analysis of any company is typically to evaluate the fundamentals to validate that the long-term potential is good. Once you've done that you can feel more confident that pullbacks are opportunities. Here is one
The most recent one for me was a NEM Covered Call using strike 34 options when the stock was just under $34. I think that was about 7 trading days prior to expiration which I find is a good time because the very last week the premiums aren't great