I'm looking at this vertical put spread, Feb21 800/805. Why? I'm bullish and I don't really see TSLA dropping below 805 this week or next with all the BTC hype. Took a 100 pair position for a 10k return in 10 days 🤞 and feeling pretty good about it. NASDAQ:TSLA NASDAQ:TSLA
Close to taking the 10day. NYSE:PG isn't so much of a typical trading play but would make a good long term position. It takes the 10day at $117. Get it while the getting it good. Today's risk can be managed at less than 1% off the 120min.
Looking at the last 10 days of price movement we can now clearly see a large trading channel which has formed. We have the thick Resistance level of $4,000 - $4080 to break through which as seen seems to have been tried twice in the last 10 days. A good couple of pumps have seen BTC rise to $3900 - $3950 quite quickly. I would be he hesitant to say the price...