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Market Alert Update: Tesla

#TESLA #tsla is down another 4% day . First, Tesla is now being sued over Musk's tweets and his brother selling before them. Hopefully there will be a SEC investigation on this. Second, Elon is selling more shares of the stock, getting close to a total of 12 billion. Lastly, new downgrades and a neutral rating of $924 were reported. Good chance to catch an upswing today. Looking to sell put/theta , already captured one bounce today. @770 strikes show a good support and you can sell puts and buy calls there to capture a great upswing and cover you call cost with your premiums on the puts .

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