Stayclose
05-13
I closed 1 lot(s) $TSLA 20250530 290.0 PUT$  ,

Got some small profit from a cash secured put trade on TSLA.

Got in the cash secured put position at $4.50 when TSLA was around $322. Not really a good position as it was a FOMO entry since I chased the upward momentum.

Managed to exit the position at $3.95 as TSLA continued to climb to $326, locking in some premium while managing risk.

Key Levels on $TSLA:

Support: $320 (solid hold today), $313–314, and $306.

Resistance: Watching $330 and $334 closely for the next potential breakout.

Reminder to self:

Not every entry will be perfect. Recognize when you've entered late, manage the position wisely, and never hesitate to take controlled exits. Sometimes, preserving capital is the win.

Trade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1
36