DailyPlay – Portfolio Review & Closing Trade (TSLA) – April 28, 2025

Closing Trade

• TSLA – 95% loss: Buy to Close 2 Contracts (or 100% of your Contracts) May 16 $230/$250 Call Vertical Spreads @ $17.12 Debit.
  DailyPlay Portfolio:  By Closing both Contracts, we will be paying $3,424. We initially opened these 2 Contracts on April 22 @ $8.75 Debit. Our loss, therefore, is $837 per contract.

DailyPlay Portfolio Review

Our Trades

AAPL – 32 DTE

Bearish Credit Spread – Apple Inc. (AAPL) – Apple continues to face growing pressure from global economic concerns and heightened U.S.–China tensions. With this position recently established, we will maintain our current stance. The company is set to report earnings on Thursday, May 1, after the market close.

GOOGL – 18 DTE

Bullish Debit Spread – Alphabet Inc. (GOOGL) – GOOGL recently announced earnings, and the company’s stock has shown some bullish momentum after the report. We are profitable on the position and intend to stay the course for now.

INTC – 32 DTE

Bearish Credit Spread – Intel Corporation (INTC) – Intel’s recent earnings release led to weakness in the stock. We are in a profitable position and intend to stay the course for now.

JPM – 32 DTE

Bearish Credit Spread – JPMorgan Chase & Co. (JPM) – After announcing earnings, JPM’s stock initially leaned bearish but has since bounced back. We are currently down on the position and plan to stay the course for now.

NVDA – 144 DTE

Bullish Long Call – NVIDIA Corp. (NVDA) – Following the news-driven decline, NVDA participated in the upside momentum the market showed this week. We remain bullish on NVDA given its strong fundamentals. In the short term, we may look to sell call premium to capitalize on elevated volatility. The company is not scheduled to report earnings until Wednesday, May 28.

TSLA – 18 DTE

Bearish Debit Spread – Tesla, Inc. (TSLA) – We are closing this position today.