TSLA Weekly Options PlayDescription
TSLA has to stop at some point, right? Risk here is limited by time, 1 DTE to make a couple points.
Call Credit Spread
Levels on Chart
SL > 1250
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/05 1260C
SELL
11/05 1250C
R/R & Breakevens vary on fill, super tight trade though, risking 1000 to make ~200-300.
The short call is placed close to the money for higher profit.
The long call is placed 10 points away based off of collateral requirements and risk tolerance.
Manage Risk
Only invest what you are willing to lose
Credits
CS can reach 2600 sts?Good time to buy in CS after the 1st correction.
2700 sts is expected price in long term, but 850 is entry price.
CSBTC 1dLittle has changed so far as CS/BTC pair is still trading in the range between 0.00000340 and 0.00000360. Actually it is close to a resistance level and it seems to be reasonable to buy CS from 0.00000350 to 0.00000340 on scale down basis with a stop-loss at 0.00000319. The medium term target is close to 0.00000420 level. When it is broken the fast move to 0.00000600/0.00000650 or higher is quite possible. According to comparative analysis CS/BTC pair is extremely undervalued at current levels and has a huge potential for growth.
CSBTC 1dAs US stock market is higher this morning so the crypto market is higher as well. BTC trades at 9350 (+1.8%) and ETH trades at 243 or (+2.5%). CS/TC pair trades at 0.00000350 and tries to break out 0.00000360 resistance level which is looking fragile now. The support at 0.00000340 remains good. It`s still a very good buying opportunity with the medium term target at 0.00000415/0.00000420. Then the major double bottom at 0.00000320 will be confirmed with a potential target at April high near 0.00000600/0.00000650 level.
CSBTC 1dAs US stock market is higher this morning so the crypto market is higher as well. BTC trades at 9350 (+1.8%) and ETH trades at 243 or (+2.5%). CS/TC pair trades at 0.00000350 and tries to break out 0.00000360 resistance level which is looking fragile now. The support at 0.00000340 remains good. It`s still a very good buying opportunity with the medium term target at 0.00000415/0.00000420. Then the major double bottom at 0.00000320 will be confirmed with a potential target at April high near 0.00000600/0.00000650 level.
CSBTC 1dCrypto markets remain flat. BTC trades at 9180 and is almost unchanged this morning. There are no news to break out from the current range. CS/TC pair is trading close to 0.00000350 level just between the support at 0.00000340 and the resistance at 0.00000360. Based on TA it looks like CS/TC pair is building a major double bottom at 0.00000320 with a potential target at April high near 0.00000600/0.00000650 level. So, it is still a very good buying opportunity at current levels with the medium term target at 0.00000415/0.00000420
CSBTC 1dCrypto markets remain flat. BTC trades at 9180 and is almost unchanged this morning. There are no news to break out from the current range. CS/TC pair is trading close to 0.00000350 level just between the support at 0.00000340 and the resistance at 0.00000360. Based on TA it looks like CS/TC pair is building a major double bottom at 0.00000320 with a potential target at April high near 0.00000600/0.00000650 level. So, it is still a very good buying opportunity at current levels with the medium term target at 0.00000415/0.00000420
CSBTC 4hAs Traders say Thank God it`s Friday though this week was quiet again with low volatility and volumes. The main markets remain stable. The US stock, currencies, commodities including crude oil and gold are flat. The crypto market was in tandem with others. Thus, BTC is trading at 9100 and ETH at 233 this morning. CS/BTC pair is trading close to 0.00000340 level just above strong support level at 0.00000326/0.00000330. Recently very positive news from the CS Team such as it obtained patent package that can improve conditions of decision making within the decentralized network was published. www.newsbtc.com In other words these patents are very material and could give the users something that the rivals do not have. The patents always give the competitive advantage. This news is not in the current CS/BTC price and sooner or later it will be recognized by the market. According to comparative analysis CS/BTC pair is extremely undervalued at current levels and has a huge potential for growth. Based on TA it looks like a good buying opportunity with the next target close to 0.00000415/0.00000420 resistance level. The stop-loss could be placed at 0.00000319. After the resistance level at 0.00000420 is broken the medium term target is still the end April high near 0.00000600/0.00000650 level.
CSBTC 4hAs Traders say Thank God it`s Friday though this week was quiet again with low volatility and volumes. The main markets remain stable. The US stock, currencies, commodities including crude oil and gold are flat. The crypto market was in tandem with others. Thus, BTC is trading at 9100 and ETH at 233 this morning. CS/BTC pair is trading close to 0.00000340 level just above strong support level at 0.00000326/0.00000330. Recently very positive news from the CS Team such as it obtained patent package that can improve conditions of decision making within the decentralized network was published. www.newsbtc.com In other words these patents are very material and could give the users something that the rivals do not have. The patents always give the competitive advantage. This news is not in the current CS/BTC price and sooner or later it will be recognized by the market. According to comparative analysis CS/BTC pair is extremely undervalued at current levels and has a huge potential for growth. Based on TA it looks like a good buying opportunity with the next target close to 0.00000415/0.00000420 resistance level. The stop-loss could be placed at 0.00000319. After the resistance level at 0.00000420 is broken the medium term target is still the end April high near 0.00000600/0.00000650 level.
CSBTC 4hBTC and ETH price remain stable this morning though a bit lower but still above 9000 at 9090 for Bitcoin and 232 for Etherium. The reason for a decline could be the news that Twitter accounts of several public figures and major companies were hacked on Wednesday and inability for S&P500 to go above 3240. CS/BTC pair is trading close to 0.00000360 level after a bounce from daily low at 0.00000326. The momentum is good. CS/BTC pair is extremely undervalued at current levels and has a huge potential for growth in accordance with a flow of positive news from the CS Team.
Based on TA it looks like a good buying opportunity with the next target close to 0.00000415/0.00000420 resistance level. The stop-loss could be placed at 0.00000319 than changed for a trailing stop. After the resistance level at 0.00000420 is broken the medium term target is still the end April high near 0.00000600/0.00000650 level.
CSBTC 1DThis morning CS/BTC pair is trading close to 0.00000350 above 0.00000335/0.00000340 which is strong support level. Based on TA it looks like a good buying opportunity with the next target close to 0.00000415/0.00000420 resistance level. The stop-loss could be placed at 0.00000319. After the resistance level at 0.00000420 is broken the medium term target is still the end April high near 0.00000600/0.00000650 level. According to comparative analysis CS/BTC pair is extremely undervalued at current levels and has a huge potential for growth.
CSBTC 4hThe crypto markets are mainly flat. The volatility and liquidity are declining due to summer holidays and lack of news. BTC and ETH are trading close to 9200 and 238 with very little change. CS/BTC pair approaches the broken trend line and 0.00000340 support level. The good buying interest is evident below this level. Technically it`s still oversold and the next target is 0.00000450 level on the upside.
CSBTC 4hBTC and ETH are very quite with low volume and low liquidity. The BTC range is still the same between 8900 and 9500. CS/BTC pair was good supported above 0.00000360 level this weekend. However some selling emerged this morning and the price dropped to 0.00000340 level. Technically it could be the trend line retest which one was broken last Thursday. It is still reasonable to expect the next move to 0.00000450/0.00000460 level.
CSBTC 4hVery little has changed from yesterday as nothing is going on the main crypto pairs markets. BTC and ETH pairs remain flat at 9200 and 240. Yesterday on good buying CS/BTC pair successfully broke 0.00000360 resistance level and touched 0.00000420. It seems that 0.00000360 support level is strong enough with a good interest so the second push up to 0.00000450 zone is very likely early next week.
CSBTC 4hVery little has changed from yesterday as nothing is going on the main crypto pairs markets. BTC and ETH pairs remain flat at 9200 and 240. Yesterday on good buying CS/BTC pair successfully broke 0.00000360 resistance level and touched 0.00000420. It seems that 0.00000360 support level is strong enough with a good interest so the second push up to 0.00000450 zone is very likely early next week.
CSBTC 4hThe US dollar was generally weak this morning regarding both gold and euro. This weakness in US dollar supported the crypto markets as well. Thus, BTC near touched 9500 area and ETH was close to 250 level. In such an environment CS/BTC pair was very good supported above 0.00000320 level. It still reasonable to expect a further rise to 0.00000360 resistance level and when it is broken the pair has a good chance to rise to the next target around 0.00000400/0.00000420 zone.
CSBTC 4hThe crypto markets are very quiet due to lack of news and summer holidays. BTC is also flat and trading around 9200/9300 level. CS/BTC pair is flat too and holds above 0.00000330 level where the strong support is obvious. It seems like a consolidation pattern with a good chance to brake 0.00000360 resistance level and to rise to 0.00000400/0.00000420 zone as the next upside target.
CSBTC 4hBTC and ETH pairs remain in sideways pattern with Bitcoin holding above 8900/9000 level. Obviously the liquidity and volumes are low. Due to some selling pressure and BTC plunge to 8900 on Saturday the CS/BTC pair failed to hold 0.00000350 support level. However it still seems the good news from CS Team and solid technical pattern with major support at 0.00000330 level will push the price up to 0.00000400/0.00000420 zone later this week.
CSBTC 4hNothing is going on the main crypto pairs markets. BTC and ETH pairs remain flat. Yesterday on good news from CS Team CS/BTC pair successfully broke 0.00000350 resistance level and touched 0.00000377. If 0.00000350 support level is strong enough then the second leg up to 0.00000400/ 0.00000420 zone is pretty likely early next week.
CSBTC 4hNothing is going on the main crypto pairs markets. BTC and ETH pairs remain flat. Yesterday on good news from CS Team CS/BTC pair successfully broke 0.00000350 resistance level and touched 0.00000377. If 0.00000350 support level is strong enough then the second leg up to 0.00000400/ 0.00000420 zone is pretty likely early next week.