Buying Swing: Posting more detain on todays and yesterdays

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: Posting more detain on todays and yesterdays

Post by MMASSASSIN »

Buying Swing: Posting more detain on todays and yesterdays TSLA strategies
TSLA today earlier we covered TSLA 265 short leg at 2.25-2.55, all of it. This includes a of balanced butterfly and a debit spread. Since the oversized for the butterfly falls at .35 decided by 2 = 17.5 and the debit at .50 we end up with a combined spread in mind now of about .15, where every ..15 move is oversized profit.
Yesterday I was trading from airports and airplanes so the posts were not as through as they usually are.
We are continuing what we did yesterday witch was that we covered 265 at 1.00 and we reentered it at 3.00 collecting 11.4 OVERSIZED. Plus we made another 3x on the debit again .50 spread in mind.
This new covering of body at 2.25-2.55 is at a profit from yesterdays 265 short at 3.00 but we run credit exposure if we renter it . Depending on how strong of a bounce we get into the close we would like to erase the risk by again focusing the double shorts at 267.50. Remember long legs on the butterfly are 262.50 and 275 wings.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!