Skating to where the puck is going

[Grieve]

Tesla shares have been on a tear in recent months, rising more than five-fold since the start of this year and reaching all-time highs. Its stock added $10.03, a 6 percent gain, to hit $171.87 by midday Monday. Its market value is now about $20 billion.

Yeah, the stock was trading at $35 as recently as March 19th. At that time, if you'd felt good about the stock, you could have bought a Sept $50 call option for 53 cents ($53 a contract). That contract is now going for $120.50 ($12,050 a contract).

If you'd put $1000 into those options back then, they'd now be worth $227,238...not bad for a 5 month gain...