Support / Resistance 📈📉:

​Support: $107, $100–$102, $93.8–$95.6

​Resistance: $112.06–$113.04, $118.50

​Outlook 📝:

​HOOD has been testing key liquidity zones after consolidating near the $104 region.

​If HOOD can hold above the $107 immediate support, we could see momentum build for a retest of resistance at $112.06–$113.04. A clean breakout and hold above $113 opens the door for a continuation move toward $118.50.

​Otherwise, if price gets rejected at the $112–$113 resistance zone, expect a retest of support at $107. A breakdown below $107 signals potential short-term weakness toward the secondary support belt at $100–$102. If selling pressure continues below $100, watch for buyers to step in at the major demand zone around $93.8–$95.6.

​Target & Execution 🎯:

​Entry: Opened this Cash Secured Put position ($8.25 Strike) when HOOD was trading around the $104 zone.

​Profit Target: Looking to capture 50–70% of maximum premium collected (or a 10–20% swing return on capital allocated).

​Risk Management: Stop-loss set if HOOD breaks below key support at $100 on high volume, or down 20% on position premium.

​Happy with how this income strategy is playing out!

​Trade safe, Tiger friends! [Allin]