Support / Resistance ๐๐:
Support: $449-$455, $440, $435
Resistance: $463-$465, $474, $483
Outlook ๐:
TSLA opened below $474, and got rejected at $463, thus foresee more downside momentum towards $449-$455. If TSLA fails to hold $453, we may see more downside movement. If TSLA is able to hold $453, then watch if its able to break $463-$465 or if it will be another rejection level again.
Target ๐ฏ:
Entered this Covered Call position when TSLA was trading around $462 price level. Since TSLA is already opened below $465 when market opened, expecting more short term downside movement for TSLA towards $449-$453.
As shared, target to exit this Covered Call position at 15-30% profit, or $100 profit (with stop-loss at same % or $ level), or when TSLA approach near $449-$453. Exited my position with a small profit when TSLA trading back at $453 price level. Could've held the position longer but will not be greedy in this market condition.
Overall market is still weak which is why I have some confidence that this Options scalp position will play out.
Happy with the profits secured.
Trade safe, Tiger friends! [Allin]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 4.50 1Lot(s) | +25.41% Closed |
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- popziยท12-31 15:04Solid trade, mate! Happy for your profit win. [OK]1Report
- Brando741319ยท01-01 01:45Good1Report
- ้ช็ตไพ 08ยท12-31 17:23Okkkkk1Report
