$TSLA 20250509 250.0 PUT$ TSLA went on a roller coaster today due to the misinformation news of Elon being voted out as CEO.
Currently TSLA coming back to an important level at $285. TSLA needs to hold $285 for more upwards movement.
Entered my cash secured put position when TSLA retrace back to $284-$285 level earlier. Entered slightly too early but its okay, will see how it plays out.
Resistance level to watch out for is $285 (hopefully it will be able to break above and hold this price level), else $286.99 (daily 200SMA), else $291.5.
Will exit my position if it hits my price target.
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