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05-08
I closed 1 lot(s) $TSLA 20250516 250.0 PUT$  ,

Entered my cash secured put position (at price level $2.93) when TSLA retrace back to $275 level, entered too early thus I didnt manage to get a good price point. But I held on anyway.

Currently TSLA is trading within a channel between $270-$294.

If TSLA is able to break and hold $282, we should be able to see $294 as the next resistance. If TSLA is able to break $294, more upside is to come.

Happy with the 67% profit from this swing position, thus I exited my cash secured put position at $0.93.

Trade safe Tigers!

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