Support: $422, $411-414, $402
Resistance: Possible $422?, $428-429
Played the TSLA upside momentum in my earlier Cash Secured Put position, but this time I am targeting the next rejection level at around $428-429.
Entered my first Covered Call position when TSLA is trading around $426. Was not a good entry as I was alittle too rash to enter this position.
Entered this 2nd Covered Call position when TSLA trading at around $427, averaging my options position at $9.72. Now will just watch the price level at $428-$429 for possible rejection.
My stop-loss is still at 30%. Note not to follow my stoploss %, I have a bigger risk appetite.
Trade safe, Tiger friends! [Victory]
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