Support / Resistance đđ:
Support: $435, $430, $425, $422 (?)
Resistance: $440, $445, $450, $456-457
Outlook đ:
TSLA opened around $422 when the market opened yesterday, and broke below $422 shortly after and rebounded to $440 at $416.
Today, will watch if TSLA is able to hold at the support levels at $435, $430 or $425, for potential rebound. And will also watch for the potential rejection areas at $440, $445 and $450.
Target đ¯:
Entered this Cash Secured Put position when TSLA was trading around $394-396 the past week. Exited 1 position when TSLA traded at $402, and the next at $414.5.
As mentioned, happy to let this contract expire to secure the 100% profit.
Trade safe, Tiger friends! [Allin]
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