The plan right now is to let short leg expire worthless and then wait for a down move.Have you looked at rolling either side?
If the move is extreme enough to make the long put DITM, I may start “gamma scalping” with shares against the long put. Or simply close the trade.
If the move down is contained, I will try selling another put as far down and as short duration as possible(something like 990/950 calendar). I would still like to have “lottery ticket” left over.
If I get assigned at 990, I will either sell a call against shares or just try to get out at BE and wait for down move as described earlier.
If TSLA runs up so far that I can’t get anything going, I will just try to salvage whatever I can for a BE trade.
I don’t like rolling because it takes away “flexibility” that I have with just getting assigned shares, at least in my mind. But I assume you suggested rolling to “skew” the existing spread in my favor or something of that nature.
