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$TSLA 20260213 385.0 PUT$  $Tesla Motors(TSLA)$  

Support / Resistance 📈📉:

Support: $414.5, $402, $396

Resistance: possibly $422?, $425, $430

Outlook 📝:

TSLA was flirting around $414.5 the entire first half of the market opening, and $414.5 support seems to be holding strong.

We may be heading in for more short term upside if this level manage to hold today. Next level to watch is $422. If TSLA manage to break and hold $422, we should be able to see more short term upside towards $425, then $430. Else, if TSLA rejects at $422, then watch for short term downside towards support level at $414.5 again.

Target 🎯:

Was difficult to hold this Cash Secured Put position through last 2 weeks due to the massive corrections, but I am glad I held it through.

Was looking to either secure a 10-30% profit for these 2 Cash Secured Put swing position, but since we saw TSLA reclaimed back $414.5, will hold the positions till it expire i.e. 100% profits secured.

Satisfied with how this options swing trade turns out.

Trade safe, Tiger friends! [Allin]  

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