TSLA is currently trading at key support level around $315-318. Enter in this Cash secured put position with premium $3.30, when TSLA price came down towards $315-316.
Will see how this plays out as I have some time for the expiry date in this Cash Secured Put position. Am looking to take profit around 20-50% for this options swing trade, stop-loss at around same %.
📊 Support Zones: $318 ➝ $315 ➝ $310-$308
📈 Resistance Levels: $320 ➝ $324 ➝ $330
Should TSLA hold $315,318, I anticipate momentum towards $320 and beyond. Else, should TSLA fall below $315, will look for pullback long at around $308-$310
Trade safe tiger friends!
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 3.30 1Lot(s) | -- Closed |
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