$TSLA 20251219 415.0 PUT$ $Tesla Motors(TSLA)$
Support / Resistance đđ:
Support: $474, $465, $449-$455
Resistance: $483, $488, ATH
Outlook đ:
Major sell-off after hitting ATH yesterday. Back to $465 price level within intraday yesterday.
Today, $465 support seems to held off well and we regained back $474 support level. If $474 can hold today, we may see some upside momentum towards $483. Else watch $474 for potential rejection again.
Target đŻ:
Entered this Cash Secured Put position when TSLA was trading around $414.5 price level. Planned to hold this till expiry since TSLA held $414.5 level so well and the rest was history.
Fast forward to today, glad that this trade played out pretty. Happy with the profits to be Secured for this options swing trade.
Road to recovery from Tuesday's loss.
Trade safe, Tiger friends! [666]
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