Support / Resistance ๐๐:
Support: $402, $394-396, $387
Resistance: $402, $408 (?), $414.5
Outlook ๐:
TSLA opened above $402 today, but is trading back at $402 price level. If TSLA manage to hold $402, we may be able to see more short term relief towards $408. Else, if TSLA rejects below $402, then watch for short term downside towards next support level at $394-396 then $387.
Target ๐ฏ:
Entered this Cash Secured Put position when TSLA was trading at around $403, with the objective to ride in the short term upside wave towards $408.
This will be a quick in, quick out options scalp as I would like to keep some risk off the table.
Target to exit position at around 5-15% profit, or if TSLA is nearing $408 price level. Stop-at around same % level, else will target to exit if TSLA breaks below $402.
There are still alot of uncertainties in the market, so keep your positions short and small for traders, and keep investing for investors.
Trade safe, Tiger friends![666]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 6.30 1Lot(s) | -- Closed |
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- ZOE011ยท03-11 00:48TOPSolid setup mate! Watching that $402 pivot with ya. [็ๆถจ]1Report