Ugh. Days like these. I'm holding a stupid amount of common right now. Glad I didn't play the weeklies, but doubled up on my common in the past 2 days and now i'm eating it hard. I didn't want to play options with the stock at this level, instead I went common and sold the 360 june calls because the premium was good. However, then premium skyrocketed but the stock price went down, killing me on both fronts. Essentially the options doubled in value (i was short them) and the stock is down 10 dollars, sucking me 1500 dollars for every 100 shares I picked up. I think we find some support in the 242/243 range.
The best thing to do is not panic. As I said in my earlier post (Short-Term TSLA Price Movements - 2014 - Page 242) the stock was definetely overbought and what we see now is a correction. I think the support level is way lower than that, though. I have 20 shares myself which I bought at 260-s, very lame.