Tesla Bear Put Spread Could Return 185% in One Month
The article is an options-trade idea focused on Tesla, arguing TSLA remains a bearish candidate after screening as a Strong Sell with an 88% sell rating. It proposes a one-month August 21 bear put spread: buy the $295 put and sell the $290 put for about $1.75, costing $175 per spread. The trade’s maximum profit is $325, implying a potential 185.71% return on risk if Tesla closes below $290 at expiration. The breakeven is $293.25, and the author suggests a stop loss if the premium value drops by about 50% or if TSLA rallies above $340. The piece is framed as educational rather than a recommendation, but it reinforces a negative near-term technical/options outlook on Tesla.