TSLA Short Naked Put options strategy

12 Eyl 2018

Justification for putting on this strategy:

Hi IV percentile, 89%
170 strike is long term support level.
TSLA has been downtrend for the past two weeks.

credit collected $5.4

Probability of Profit: 90%
TP level: 1/3 - 2/3 of credit collected
StopLoss level: 2x

14 Eyl 2018

İşlem aktif

price action is continuously moving towards my favor, credit $5.4 is now worth around $5.1

17 Eyl 2018

İşlem kapandı: hedefe ulaştı

1/3 profit achieved, trade closed. Winning trade!