TSLA Weekly Options Trade Plan 2025-06-20
Join our Discord channel for live trading signals and discussions:
TSLA Weekly Analysis Summary (2025-06-20)
Based on the provided market data and model reports, here's a comprehensive analysis regarding trading TSLA weekly options for the expiration on 2025-06-20.
1. Comprehensive Summary of Key Points
Technical Analysis:
Current Price: $322.05, trading below all key EMAs which signifies a bearish sentiment in the short term. Additionally, MACD indicators have turned negative on shorter time frames, reflecting weaknesses in momentum. Support Levels: Key immediate support at around $320, with major support closer to $313.30 to $315, which coincides with the max pain level. Resistance is evident at $324 and $332. Market Sentiment:
VIX Level: Rising to 20.31 indicates elevated levels of market fear, contributing to potential volatility in TSLA's price. News Impact: Increased volatility with mixed news; while significant events (like the robotaxi launch) enhance bullish sentiment, Barclays' neutral rating introduces short-term uncertainty. Options Data:
Max Pain Level: Stands at $315, suggesting a gravitational pull towards this level as expiry approaches, enhancing bearish sentiment. Interest: High volume in put options ($310 at $0.89 and $305 at $0.44) aligns with possible downward movement near max pain.