I just now sold off all my bitcoin GBTC at a loss, going pure TSLA but need to understand something first... new territory for me. Thanks in advance.
I still have one Call and it's gradually coming back faster than decay, so I might ride it out TBD. Considered buying it at maturity or sell once green (soon I believe). It's a Jan 21 850 strike (paid way too much, still red). So if there's another TSLA correction and I have no cash, margin call time? I'd then have to sell a few shares to cover it, correct? But earning won't be out until after the 21st?
Choices (not options, lol):
1. Keep the option for now, buy more TSLA, but keep enough cash to cover if needed, or
2. Wait until Green and if it grows enough, try to own it by selling a few TSLA shares, or
3. Just dump it now and go all in? No margin worries, less risk of downside.
4. Other?
WWMD (What Would Musk Do?)