TRADE - puts working - if buying today, have a plan
See annotations in chart please, and I have included earlier TSLA chart from when I bought puts.
If you open weekly puts for a day trade, use 5m and have a loss exit plan ready.
If you open weekly puts for a day trade, use 5m and have a loss exit plan ready.
Note
I closed my puts. May bounce from 700 level. IV decline will ruin profits and I am no longer confident of more downside immediately.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.