TSLA Weekly Options Trade Plan 2025-06-21
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TSLA Weekly Analysis Summary (2025-06-21)
Summary of Key Points from Analysis Reports:
Technical Analysis:
Overall Trend: TSLA ($322.16) is trading slightly below key short-term EMAs, indicating bearish momentum. The daily RSI is neutral, but MACD signals are bearish. Resistance/Support Levels: Immediate resistance is at $322.43, while critical support is around $320.72 and max pain at $320.00. Market Sentiment:
The current VIX at 20.62 indicates elevated volatility, but a downward trend suggests calming markets. Mixed news about Tesla leans slightly positive but does not establish a strong bullish case. Options positioning reveals a high open interest in puts, particularly at the $320 strike, indicating a bearish sentiment in the options market. Directional Determination:
The consensus across reports suggests a moderately bearish outlook for TSLA, influenced by max pain positioning and bearish technical indicators. Options Strategy Selection:
A combination of reports proposes buying a put, particularly focusing on the $320 strike due to its proximity to max pain and high liquidity (open interest). However, some reports highlight that premiums might be too high. The $280 put offers a low entry point but is further OTM, suggesting a speculative approach.