Stayclose
12-18 23:01

$TSLA 20251219 415.0 PUT$  $Tesla Motors(TSLA)$  

Support / Resistance 📈📉:

Support: $474, $465, $449-$455

Resistance: $483, $488, ATH

Outlook 📝:

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 🎯:

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]   

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
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

We need your insight to fill this gap
Leave a comment
3