Just a quick trading update for now, more to come in a bit. Tesla’s quarterly report was exactly as I’d expected, not up to the elevated expectations. So the stock was off about 10% earlier this morning and is now off nearly 15% an hour into the trading day. I’m going to sell half my $TSLA puts right here, right now and then will sell almost all the rest of them over the course of today, keeping just a small tranche on the sheets and maybe looking to roll up into some new puts after this stock settles post-quarterly report.
Back in a bit.