Puts at 30m resistance, to bottom of daily channel

TSLA price may be at bottom of daily channel, down to 700, by Friday. If that happens, stocachastic %D would continue down to the yellow circle. On the 30m chart, 791-795 is a great place to buy puts.

I am buying a weekly strike, small position so I can hold overnight.

Kommentera:

CORRECTION - title should indicate "short" instead of "long"
I bought puts around 795. though price moved up to 800 that is yellow line on 30min chart, resistance.