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.
As shared, target to exit position at around 5-15% profit, thus I am happy with this quick 12% profits from the scalp off this Cash Secured Put position.
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 |
|---|---|---|
| Buy Close | 5.50 1Lot(s) | +12.48% Closed |
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- AuntieAaAยท03-11 00:33Good1Report
- YueShanยท03-11 00:20Good โญโญโญ1Report