Part 5/9:
As market dynamics unfolded, the trader assessed the situation carefully. On October 6th, just before market close, he closed his tactical options position with a 25% profit—taking gains ahead of potential downside risks if the event did not meet expectations.
He emphasized that his core Tesla holdings remain unchanged, underscoring the importance of maintaining a long-term investment stance while exploiting short-term opportunities. His decision to exit was driven by the realization that the event’s impact might be fully priced in the market, reducing the potential for additional alpha.