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12-13 00:52
$TSLA 20251219 465.0 CALL$ 

Support / Resistance 📈📉:

Support: $440, $435, $429

Resistance: $449-$455, $460, $465

Outlook 📝:

TSLA rose sharply when market opened probably due to SpaceX news dropping. However huge resistance was seen at $460~ level where we saw TSLA got aggressively rejected at this level.

If TSLA is able to break above $460 then we may see some upside price movement. Else watch for rejection at same level back to either $449-455, then $440.

Target đŸŽ¯:

My avg position price in this Covered Call position was $8.89 after cutting a small loss earlier by exiting 1 position at -4% loss to ensure I am not overexposing myself to risk if TSLA squeeze continues higher.

Happy that my patience paid off this trade when I held this position through the TSLA squeeze towards $460 during market opening.

Exited my position to secure a nice profit when TSLA was trading around $446~ earlier after it rejected off $460 price level.

Yes, I could've held the position longer as TSLA's downside momentum continued after going below $445, but its good to not be greedy in this market condition.

Trade safe, Tiger friends![Onlooker]  

TSLA CALL
12-12 23:41
US20251219 465.0
SidePrice | FilledRealized P&L
Buy
Close
5.00
1Lot(s)
+43.70%
Closed
Tesla Motors
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Comments

  • TAND
    12-13 02:16
    TAND

    Great article, would you like to share it?

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