Stayclose
05-14
I opened 1 lot(s) $TSLA 20250530 300.0 PUT$  ,I opened 1 lot(s) $TSLA 20250530 300.0 PUT$  ,

Opened a Cash Secured Put on TSLA with an average premium of $3.70, when TSLA was trading around $342.

Currently holding the position with a target exit range of $2.00–$2.50, depending on how TSLA behaves. I may hold a little longer if bullish momentum continues.

Key Levels to Watch on TSLA:

Support: $337 (prior day high), $320, and $313–314

Resistance: $360 is the next big test

Important: TSLA needs to hold $345 today to maintain its upside momentum


Fun Fact:

TSLA is now trading above its 200-day Simple Moving Average (SMA) which is a strong bullish signal. Why does it matter? The 200SMA is a widely followed long-term trend indicator. When price breaks above it, it often attracts institutional buyers and signals a potential shift from a bearish to bullish market structure.

Modified in.05-14
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Comments

  • mizzle
    05-14
    mizzle
    Smart play! 📈
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