TSLL covered callExpiring 12/6/2024. Snagging some theta days.
I WOULD LOVE to sell here. Gorgeous profit. I am also inclined to buy this back for 75% premium capture next week.
Key stats
About DIREXION SHARES ETF TRUST
Expense ratio
0.96%
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Inception date
Aug 9, 2022
TSLL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. Prior to April 2, 2024, the fund was named Direxion Daily TSLA Bull 1.5X Shares, seeking to provide a 1.5x leverage exposure.
Classification
What's in the fund
Exposure type
Consumer Durables
Cash
Stock breakdown by region
ELEPHANT BAR $TSLLElephant bars are significantly larger bars than the previous bars.
Red elephant bars suggest downward price pressure and an indication that smaller red bars are to be expected.
Green elephant bars indicate upward price movement and additional smaller green bars to come.
NASDAQ:TSLA ( Tesla )
TSLL covered call expiring THIS FRIDAY I wouldn't mind selling my TSLL shares here, because that would be profitable.
Buy low, sell high?
Plus this is like, 3.5% for 3 trading days?
And my strong assumption is, if I DID sell at $24, this Friday, I Would be able to re-buy later??
;-)
TSLL $20 is programmed.Told before that the HTF lows were already in on NASDAQ:TSLA and we weren't visiting the $100 low again, now that we also put in a new HTF low if we have NASDAQ:TSLA going to $300 from here, NASDAQ:TSLL would easily hit $20.They recently switched NASDAQ:TSLL to a 2x long etf and it also pays
Parabolic SAR Technical IndicatorParabolic SAR Technical Indicator
📜 The Parabolic SAR (Stop and Reverse), first introduced in 1978, is a technical indicator used to identify potential trend reversals in financial markets. It is represented as a series of dots placed above or below the asset’s price. The key concept behind the Par
TSLL ( and tsla) contractionTSLL is coming to a pivotal moment where price action is either going to pump VERY hard, or dump on everyone with TSLA price below 185. This wedge is reaching a conclusion and the TSLA chart which I will also post has had nearly 8 weekly attempts at breaking the long-term wedge setup. I predict a te
TSLL golden fib rejectionThis is another view of the golden Fib rejection but on a leveraged version of TSLA I sometimes sell options on. You can see here the stock blasted through a wedge resistance, TSLA was clearly overvalued, profit taking initiated on the low inflation print, I expect small caps to outperform going for
TSLL put sellsOn this monster dip I have started to sell 12.5$ and 11.5$ puts two weeks ago to capture theta decay and volatility. I will continue to do this as we go lower, my target is 11.85$. I start small here and look for continuation.
TSLL BEARISH - START THE PYRAMID AT $11What a beautiful channel huh? This baby is about to retest that breakout. I expect it will bounce where it intersects with the 100sma and the .618fib (and the breakout point). I'll start my pyramid at $11 and work it down into $9ish (if possible). Cheers!
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Displays a symbol's price movements over previous years to identify recurring trends.