Support / Resistance ๐๐:
Support: $387, $380, $375
Resistance: $396, $402, $408 (?)
Outlook ๐:
TSLA opened above $394, hovered around for awhile and then seemingly got rejected around $402-$405 before falling back to $387 price range. If TSLA manage to hold $387, we may be able to see more short term relief towards $396. If TSLA is also able to hold $396, we can see more relief back to $402. Else, if TSLA rejects below $387, then watch for short term downside towards next support level at $380 then $375.
Target ๐ฏ:
Entered this Cash Secured Put position when TSLA was trading at around $350, with the objective to ride in the upside wave as US-Iran war de-escalated.
Initially targeted to exit this Cash Secured Put position at 5-15% profit range, but since TSLA's trend switched back to the upside, held this position till expiry. Happy with profits secured.
Trade safe, Tiger friends! [Allin]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 1Lot(s) | +100.00% Closed |
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