Tesla Inc. (TSLA) put options in near-term expiry periods are still at high premium levels, even after TSLA stock has rebounded. This is ideal for existing shareholders to sell short out-of-the-money (OTM) put options to gain extra income. This article will show how that can be done. TSLA stock closed on Friday, May 3, at $181.19 per share, up 27.6% from its low price of $142.05 on April 22. However, TSLA stock still looks cheap here, based on analysts’ price targets and revenue estimates. Prior Short Put PlaysI discussed this situation in my last Barchart article on April 9, “Tesla Stock Is O…
