Forming $200 Support. Tesla Options Status

Forming $200 Support. Tesla Options Status

Figure 1. Yesterday, as I shared the status of options in the Tesla Research Archive, Tesla’s stock price eventually dragged up to $200 as the $200 range of put options continued to rise.

※There are a lot of issues these days, so I was exhausted after the analysis, so I couldn’t make it unique

This closed at $200 and if the number of put options continues to hold, $200 will act as support and trade in the range of $200 to $220.

$200 put option
926 (last night) —> 1.05K (present)

Figure 2. Looking at the status of supply and demand
1) Consumer Discretion, where Tesla is located, is seeing its stock price fall or move sideways as it continues to lag.

This part is consistent with my analysis that the stock price flow would not be so good as the supply and demand went from weak to dragging when the recent earnings report was missed.

Of course, at the same time, the safety margin is also increasing. However, Tesla is not undervalued, and the macro risk is high, so I don’t think it will be too rushed.

2) And the tech stock seems to be going up again, but eventually it turns back to the selling off of the yen carry trade and goes to the edge of the lagging.

3) The energy sector also seemed to be heading down to the waking, but with the flow of ISM indicators, the excuse of recession has been dismissed, and it is a good sign that it is heading towards LEADING.

I think the recent adjustment is a preview of what YEN CARRY TRADE + will look like when the recession occurs.