Support / Resistance ๐๐:
Support: $440, $435, $429
Resistance: $449-$455, $465, $470
Outlook ๐:
TSLA got rejected at $449-$455 yesterday towards $435. Today even in pre-market, TSLA seems to have held $435 pretty well, thus I am targeting this area to find a good support.
If TSLA is able to break and hold $435 & $440, we may seem more upside momentum back to $449-$455. Else look for some small rejection around this price level.
Target ๐ฏ:
Entered my Cash Secured Put position when TSLA traded around $442~ earlier.
As shared earlier, target was met; to exit this position at 10-20% profit, or $100 profit. Sizing down my positions to risk-off and exiting my positions quicker from my trades as I expected this week to be more volatile due to major economic events.
Happy with the profits secured from this quick intraday Options scalp.
Done trading for the day. [Cool]
Trade safe, Tiger Friends! [Love you]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 6.50 1Lot(s) | +14.86% Closed |
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