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12-11
$TSLA 20251219 435.0 PUT$ 

Support / Resistance 📈📉:

Support: $440, $435, $429

Resistance: $449-$455, $465, $470

Outlook 📝:

We are still at the same price level trading channel.

TSLA got rejected at $449-$455 earlier this week towards $440 and then $435 which is a potential support level. Saw that TSLA managed to hold $435 well, thus was waiting for an opportunity for entry.

If TSLA is able to break above $449-$455 then we may see some upside price movement. Else watch for rejection at same level.

Target đŸŽ¯:

Entered this Cash Secured Put position when TSLA is trading around $444~, with the view that TSLA may potentially bounce back up around this level.

As shared, target to exit position at 15-30% profit, or $100 profit, or when TSLA is back to $449-$455 resistance level. Was a risk-on play as I am entering position before FED announcements at 3am.

Glad the risk paid off, TSLA held $445 towards $451~, thus exiting my Cash Secured Put position with a nice profit. Satisfied with the options scalp.

Trade safe, Tiger friends! [666]  

TSLA PUT
12-11 03:57
US20251219 435.0
SidePrice | FilledRealized P&L
Buy
Close
5.90
1Lot(s)
+24.20%
Closed
Tesla Motors
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