2fold’s best option strategy to date was our recommendation back in Q1 of this year for TSLA 01/15/2021 CALLs 950 strike price for the contract price of around $19. Fast forward, this roughly $1,900 investment back in Q1-2020 reached (post 5:1 split) $331,000 for a 174-fold gain. It took weeks of research for this recommendation which was the output of another article when to invest in a visionary. Such geniuses as the ones mentioned in that article don’t come along too often. We’re certainly lucky to have had Musk, Ellison, Bezos, Jobs, Gates and Buffett to learn from in our lifetimes.
Moving forward, is a 174X gain in less than one year again possible in our lifetime? It’s highly unlikely that we’d repeat this with TSLA as everyone and their brother are driving up the premium that one pays for an option CALL. However, don’t let my pessimism get in the way as there are plenty of others to research, especially with so many electric car start-ups coming on the scene along with the manufacturers of their components like batteries, charging technology, etc. We just published our next TSLA option strategy so check it out.