๐ TSLA Cash Secured Put โ Riding the Momentum ๐
Not financial advice. Sharing my personal trade journey.
Entered my Sell Cash Secured Put position when TSLA traded around $320, targeting this level as a strong pullback zone anchored by the Daily 200SMA previously.
Initially planned to secure profits in the 20โ50% range, but with TSLA breaking both its channel and the $322-324 resistance, I'm letting the position run a little longer to capture more upside.
As shared in previous post, exiting this position to secure profits. Taking some risk off the table in case of any unpredictable news. Satisfied with ~60% profit.
๐ Support Zones: $328 (short term) โ $324 (daily 200SMA) โ $320 (daily 50SMA)
๐ Resistance Levels: $330 โ $335 โ $339
Outlook:
If TSLA breaks & holds above $330, momentum could push towards $335.
If not, I'll watch for a retracement first to $328, then to $324.
Managing risk, locking gains, and letting the market work for me.
Trade safe, Tiger friends! ๐ฏ
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 1.33 1Lot(s) | +63.80% Closed |
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- vi123123ยท08-09Awesome trade journey! Love your strategy! ๐๐1Report
- JackQuantยท08-11Thanks for sharing!1Report
