Yesterday, our puts hit 175%.
![](https://tradersalley.com/wp-content/uploads/2024/02/Screenshot-2024-02-06-at-9.07.49-AM-1024x105.png)
As you can see in the chart, the wick dipped below the triangle resistance line, which gave us our gains.
![](https://tradersalley.com/wp-content/uploads/2024/02/TSLA_2024-02-06_09-08-54-1024x620.png)
Since there was no clear breakout, I’m going to make the same trade as yesterday.
Trade Idea:
If price breaks out:
Price Target: $190
Options Contract: 9 FEB 24 $190 CALL
If price breaks below:
Price Target: $180
Options Contract: 9 FEB 24 $180 PUT