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Facing a $300K Loss on Tesla Options: What I Learned

By Andrew Aziz  |  
Andrew's Newsletter  |  
Jul 5, 2024

Dear Traders,

I hope everyone had a great 4th of July holiday and is ready to extend the celebration into the weekend. Today is the last day you can join our community at a heavily discounted price of $999 (over 60% off, our biggest sale ever). I hope to see many more of our serious traders in our community for another year.
Today, the market made another all-time high. It is unbelievable to see moves like this. META is up over 5%, AMD over 7%, AAPL over 2%, and the biggest companies in the world are as volatile as penny stocks and cryptocurrencies.

Crypto hasn’t had a good time though, as Bitcoin dropped below 55,000 over the holidays. But as I always say, nothing beats the volatility of the US stock market. God bless America and this financial market.

Today, I made a recap after a while and talked about a $300K loss on naked calls I sold on Tesla at $250. It is full of educational materials, especially on trading options.

I also officially crossed over $1 million unrealized profit on VOO! I was so tempted to sell it when it was only a $300k profit and buy a Lamborghini, but this market seems like it is going to keep going higher!

Watch my recap here, and let me know what you think. If you like the recaps and want them to keep coming, leave a comment on the video.
Last but not least, make sure to check out the 60% discount on all of our Elite Annual membership as discussed earlier in this newsletter. Today is the last day!

To your success,

Andrew Aziz