Stockato

TSM — Bull Put Spread

TSM is in a rangebound consolidation with a Bollinger squeeze at the 13th percentile and strong OBV accumulation — ideal conditions to sell a put spread and collect theta. Credit $302, max risk $69…

Bollinger Band width at 13th percentile — extreme squeezeRSI 53, price only 4.4% above SMA20 — not overextendedOBV divergence 85.5% — stealth institutional buying