{"id":199808,"date":"2023-12-06T10:30:00","date_gmt":"2023-12-06T15:30:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=199808"},"modified":"2023-12-06T13:13:59","modified_gmt":"2023-12-06T18:13:59","slug":"why-this-tsla-dec-22-bull-put-spread-looks-good-to-us","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/","title":{"rendered":"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-if-you-are-bullish-tsla-here-is-a-nbsp-credit-put-spread-to-consider-nbsp-expiring-on-dec-nbsp-22\">If You Are Bullish TSLA, Here Is A&nbsp;Credit Put Spread To Consider&nbsp;Expiring on Dec&nbsp;22<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Tesla (<a href=\"https:\/\/marketchameleon.com\/Overview\/TSLA\/Summary\/\">TSLA<\/a>)\u00a0is on a bullish streak,\u00a0climbing\u00a08.3% in\u00a0one month while the broader market\u00a0is up 4.9%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"439\" height=\"325\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png\" alt=\"Tesla (TSLA)\u00a0is on a bullish streak,\u00a0climbing\u00a08.3% in\u00a0one month while the broader market\u00a0is up 4.9%.\" class=\"wp-image-199825 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png 439w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9-300x222.png 300w\" data-sizes=\"(max-width: 439px) 100vw, 439px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 439px; aspect-ratio: 439\/325;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Market Chameleon<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One way to capitalize on Tesla&#8217;s potential upside is a bull put spread strategy. If you&#8217;re trading option spreads, you probably already know that manually analyzing different option legs for a put spread can be a tedious and daunting task.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To streamline this process, we&nbsp;turned to MarketChameleon&#8217;s &#8220;Trade Ideas&#8221; tool, driven by a sophisticated algorithm for identifying promising options strategies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Trade Ideas tool found an inticing&nbsp;TSLA bull put spread expiring on Dec 22, 2023 with&nbsp;significant upside potential, a theoretical trading edge and defined risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let&#8217;s go over:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The steps of how to find&nbsp;a bull put spread setup in&nbsp;TSLA<\/li>\n\n\n\n<li>Why we find&nbsp;this particular spread compelling<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-nbsp\">&nbsp;<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-find-a-bull-put-spread-strategy-in-nbsp-tsla\"><strong>How To Find A Bull Put Spread Strategy In&nbsp;TSLA<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To help us quickly find&nbsp;option&nbsp;put spread opportunities for TSLA,&nbsp;select bull put spreads from the dropdown menu using the MarketChameleon &#8220;<a href=\"https:\/\/marketchameleon.com\/Overview\/TSLA\/Option-Trade-Ideas\/Bull-Put-Spread\/\">Trade Idea<\/a>&#8221; Tool.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"327\" height=\"141\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-7.png\" alt=\"To help us quickly find option put spread opportunities for TSLA, select bull put spreads from the dropdown menu using the MarketChameleon &quot;Trade Idea&quot; Tool.\" class=\"wp-image-199809 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-7.png 327w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-7-300x129.png 300w\" data-sizes=\"(max-width: 327px) 100vw, 327px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 327px; aspect-ratio: 327\/141;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Market Chameleon&nbsp;<a href=\"https:\/\/marketchameleon.com\/Overview\/TSLA\/Option-Trade-Ideas\/Bull-Put-Spread\/\">TSLA Bull Put Spread Trade Idea&#8217;s Tool<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This tool identifies potential bull&nbsp;put&nbsp;spreads in&nbsp;TSLA that imply a trading edge and meet our risk-reward criteria.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-here-is-a-tsla-bull-put-spread-our-tool-found\">Here Is A TSLA Bull Put Spread Our Tool Found<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full img-twothird\"><img decoding=\"async\" width=\"296\" height=\"471\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-8.png\" alt=\"Here Is A TSLA Bull Put Spread Our Tool Found\" class=\"wp-image-199811 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 296px; aspect-ratio: 296\/471;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">As you can see from the bottom section of the trade idea card, this strategy involves selling the 22-Dec-23&nbsp;237.5 put and buying the 22-Dec-23&nbsp;232.5 put.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-here-are-the-highlights-of-the-strategy\"><strong>Here Are The Highlights Of The Strategy<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Market Price (Credit): $2.10<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Theoretical Value: $1.72<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Theoretical Edge: 13.2%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yield Potential: 72.4%<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-needs-to-happen-and-what-is-the-potential-upside\"><strong>What Needs To Happen And What Is The Potential Upside?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TSLA&nbsp;Needs To Remain Above $237.5<\/strong><br>At the time of writing,&nbsp;TSLA was priced at $238.29. To achieve maximum profit from this spread, the stock must maintain a closing price above $237.5 on the option expiration date of December 22, 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Max Profit of $2.10 Equates To A 72.4% Potential Return<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In such a scenario, both puts would expire worthless, and you would retain the full credit received from selling the spread, which amounts to $2.10. When expressed as a percentage of the total amount at risk, this put spread has the potential to yield a return of +72.4% ($2.10\/$2.90).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-estimated-success-rate-of-this-nbsp-put-spread\"><strong>What Is The Estimated Success Rate Of This&nbsp;Put Spread?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>An Estimated Success Rate Of 68%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Historical stock behavior implies that this particular put&nbsp;spread has an estimated success rate of 68%, but there is no guarantee or way of knowing TSLA&#8217;s future performance with certainty.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-risk-and-how-much-can-it-lose\"><strong>What Is The Risk And How Much Can It Lose?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TSLA Stock Could Decline<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since&nbsp;this a bullish strategy, it carries the risk of a stock decline. In this case, the break-even point on the downside is $235.40.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Max Loss of $2.90 On Stock Decline Below $232.50<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If, at the option&#8217;s expiration, TSLA&#8217;s price drops below the $232.50 strike, both put options will be in-the-money, causing the spread to be valued at $5. In such a scenario, the&nbsp;max loss would amount to $2.90, assuming no exercise or assignment risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The benefit of the TSLA bull put spread is that you have limited risk in the event of a significant stock decline.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-else-makes-nbsp-this-nbsp-tsla-put-spread-trade-attractive\"><strong>What Else Makes&nbsp;This&nbsp;TSLA Put Spread Trade Attractive?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Appears To&nbsp;Have A Theoretical Trading Edge<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using a historical data-driven model, the tool estimated the spread&#8217;s value at $1.72. When we compare this to the market prices at which you can sell, which is $2.10, it implies a theoretical edge of 13.2%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-in-summary\"><strong>In Summary<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">What Makes This Opportunity Compelling? This&nbsp;TSLA bull put spread, set to&nbsp;expire on Dec 22, 2023, appears to have a theoretical trading edge&nbsp;and has a potential to generate significant returns while limiting risk.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When Should You Do This TSLA Bull Spread? It is important to remember that the outcome is uncertain and that the strategy is of a bullish outlook. The stock has to stay above the&nbsp;237.50 strike at expiration to fully payoff.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As always keep in mind that all investments carry risk, and success is never guaranteed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Contact Information:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have feedback or concerns about the content, please feel free to reach out to us via email at support@marketchameleon.com.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally Posted December 5, 2023 &#8211; <a href=\"https:\/\/marketchameleon.com\/articles\/b\/2023\/12\/5\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\">Why This TSLA Dec 22 Bull Put Spread Looks Good To Us<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NOTE:&nbsp;<\/strong>Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated And may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices And were Not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about&nbsp;<a href=\"https:\/\/www.theocc.com\/company-information\/documents-and-archives\/options-disclosure-document\" target=\"_blank\" rel=\"noreferrer noopener\">option risks and characteristics<\/a>&nbsp;at&nbsp;<a href=\"https:\/\/www.theocc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">theocc.com<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One way to capitalize on Tesla&#8217;s potential upside is a bull put spread strategy. If you&#8217;re trading option spreads, you probably already know that manually analyzing different option legs for a put spread can be a tedious and daunting task.<\/p>\n","protected":false},"author":186,"featured_media":199825,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[6,19,8,9,22,26,3],"tags":[10350,1926,161],"contributors-categories":[13788],"class_list":["post-199808","post","type-post","status-publish","format-standard","has-post-thumbnail","category-north-america","category-options","category-region","category-securities","category-stocks","category-text-articles","category-traders-insight","tag-bull-put-spread","tag-options","tag-tesla","contributors-categories-market-chameleon"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why This TSLA Dec 22 Bull Put Spread Looks Good To Us<\/title>\n<meta name=\"description\" content=\"One way to capitalize on Tesla&#039;s potential upside is a bull put spread strategy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/199808\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"One way to capitalize on Tesla&#039;s potential upside is a bull put spread strategy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-06T15:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-06T18:13:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png\" \/>\n\t<meta property=\"og:image:width\" content=\"439\" \/>\n\t<meta property=\"og:image:height\" content=\"325\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us\",\n\t            \"datePublished\": \"2023-12-06T15:30:00+00:00\",\n\t            \"dateModified\": \"2023-12-06T18:13:59+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/\"\n\t            },\n\t            \"wordCount\": 939,\n\t            \"commentCount\": 1,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/12\\\/image-9.png\",\n\t            \"keywords\": [\n\t                \"bull put spread\",\n\t                \"options\",\n\t                \"Tesla\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"North America\",\n\t                \"Options\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/\",\n\t            \"name\": \"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/12\\\/image-9.png\",\n\t            \"datePublished\": \"2023-12-06T15:30:00+00:00\",\n\t            \"dateModified\": \"2023-12-06T18:13:59+00:00\",\n\t            \"description\": \"One way to capitalize on Tesla's potential upside is a bull put spread strategy.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/options\\\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/12\\\/image-9.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/12\\\/image-9.png\",\n\t            \"width\": 439,\n\t            \"height\": 325,\n\t            \"caption\": \"Tesla (TSLA)\u00a0is on a bullish streak,\u00a0climbing\u00a08.3% in\u00a0one month while the broader market\u00a0is up 4.9%.\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us","description":"One way to capitalize on Tesla's potential upside is a bull put spread strategy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/199808\/","og_locale":"en_US","og_type":"article","og_title":"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us | IBKR Campus US","og_description":"One way to capitalize on Tesla's potential upside is a bull put spread strategy.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/","og_site_name":"IBKR Campus US","article_published_time":"2023-12-06T15:30:00+00:00","article_modified_time":"2023-12-06T18:13:59+00:00","og_image":[{"width":439,"height":325,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png","type":"image\/png"}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us","datePublished":"2023-12-06T15:30:00+00:00","dateModified":"2023-12-06T18:13:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/"},"wordCount":939,"commentCount":1,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png","keywords":["bull put spread","options","Tesla"],"articleSection":["North America","Options","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/","name":"Why This TSLA Dec 22 Bull Put Spread Looks Good To Us | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png","datePublished":"2023-12-06T15:30:00+00:00","dateModified":"2023-12-06T18:13:59+00:00","description":"One way to capitalize on Tesla's potential upside is a bull put spread strategy.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/options\/why-this-tsla-dec-22-bull-put-spread-looks-good-to-us\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png","width":439,"height":325,"caption":"Tesla (TSLA)\u00a0is on a bullish streak,\u00a0climbing\u00a08.3% in\u00a0one month while the broader market\u00a0is up 4.9%."},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/12\/image-9.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/199808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=199808"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/199808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/199825"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=199808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=199808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=199808"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=199808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}