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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