Profit Pregame

Beyond TSLA: 3 EV Stocks Sparking Up Signals

Where the money’s moving in electric vehicles

Tesla (TSLA) has been absolutely on fire lately.

Between its well-received partnership with Hertz and an extremely rare $1 trillion market cap milestone, TSLA shares have triggered multiple 5-minute bar buy signals in recent days.

I’ll be going live with my subscribers at 9:30 AM Eastern today to flag any new day-trading buy signals on my go-to mega-cap stocks

But guess what, trading fam?

Today’s your lucky day – whether you’re one of my subscribers or not, you’re getting an extra dose of live options trading action with AK today!

I’ll be back on Money Morning LIVE TODAY at 11:30 AM Eastern for an open “office hours” session to teach, trade, and highlight some of the hottest signals hitting my proprietary scanners this Tuesday.

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Catch my “serious scanning face” LIVE today!

Mark your calendar for later this morning – do NOT miss this bonus time!

I hope to see you all there!

The EV options charging up my scanners

As hot as the stock has been, not everyone wants to trade TSLA – and realistically, not everyone can, especially those of us working with smaller or “starter” accounts.

First of all, trading the shares directly will run you about $1,200 apiece around current levels. (For ONE share.)

And even if we lean on low-priced options – my personal favorite way to get a piece of a stock’s price action without committing a ton of capital – TSLA calls still aren’t what I would consider super-cheap.

As of this writing, it would cost $3,400 in premium to buy ONE contract of an at-the-money call option on Tesla expiring next Friday, November 12.

If you’re working with, say, a $15K account? That’s just not gonna fly.

Luckily, where TSLA goes, the rest of the EV sector seems to follow… which means there were a crazy number of stocks in this space throwing out interesting signals to start the week.

3 EV Stocks to Watch

1. ChargePoint Holdings (CHPT)

CHPT threw out a PennySpike signal early Monday morning, with the Nov5 $28 strike calls in focus.

The stock hasn’t traded up near $28 since July, but it’s riding that sector-wide momentum – and these contracts were priced at just $0.31.

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2. Li Auto (LI)

Weekly Nov5 calls were also in heavy rotation on LI, where traders were scooping up the $36-strike contracts.

For just $0.20, this was worth a quick day trade – even though the shares fizzled by the end of the session, the calls briefly did trade above that first target, peaking at $0.26.

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3. Fisker (FSR)

This final one was technically a “no signal,” with earnings for FSR coming up quick after the close on Nov. 3 – but over 1,000 of the weekly Nov12 $20 calls traded on open interest of just 122.

While I’m usually not going to take a straight-up call trade like this into a binary event like earnings, the heavy attention to this round-number strike – plus, the confirmation of new positions being added – is on my radar with FSR around $17.

Keep these 3 EV names on your watchlist – and let me know in the chat at 11:30 AM which stocks you’re watching this week!

Andrew Keene

Founder, Profit Pregame

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