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Selling Long Term: creating TSLA 180 215 230 cB cal butterf

Posted: Fri Mar 04, 2016 2:30 pm
by MMASSASSIN
Selling Long Term: creating TSLA 180 215 230 cB cal butterfly by shorting 215 calls march against the 180 calls we already have for march. This locks in a good deal of profits and leaves us with a butterfly for the 215 target.

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 !!